Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Maharashtra for its Chitrakoot Dham branch in Chitrakoot, Chitrakoot, Uttar Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of Maharashtra located in Chitrakoot or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002173. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Chitrakoot Dham, Chitrakoot

Here are some of the key details that come with the IFSC Code MAHB0002173 of Bank Of Maharashtra for its branch located in Chitrakoot, within the district of Chitrakoot in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002173
Branch Chitrakoot Dham
City Chitrakoot
District Chitrakoot
State Uttar Pradesh
Address 117,Rampuripurami Bazar, Chitrakoot

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Chitrakoot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002173 for the Chitrakoot Dham branch of Bank Of Maharashtra plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Chitrakoot Dham, Chitrakoot, Uttar Pradesh, are given a unique IFSC like MAHB0002173 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chitrakoot.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Chitrakoot and Chitrakoot.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of Maharashtra in Chitrakoot Dham goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0002173

The format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chitrakoot Dham in Chitrakoot.

For example, the IFSC Code MAHB0002173 of Bank Of Maharashtra for the Chitrakoot Dham branch includes these elements, identifying the bank and the branch location in Chitrakoot and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002173 of Bank Of Maharashtra for its Chitrakoot Dham branch located in Chitrakoot, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Chitrakoot and Chitrakoot, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Chitrakoot Dham or Chitrakoot to get the exact IFSC Code MAHB0002173.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of Maharashtra and Chitrakoot that will provide accurate information.

How to Use IFSC Code MAHB0002173 for Online Transfers?

Once you have the IFSC Code MAHB0002173 for the Chitrakoot Dham branch of Bank Of Maharashtra in Chitrakoot, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002173. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002173.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Maharashtra Chitrakoot Dham in Chitrakoot, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Chitrakoot Dham, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of Maharashtra website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Chitrakoot to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Chitrakoot Dham, Chitrakoot?

The IFSC Code is MAHB0002173.

Is the IFSC Code MAHB0002173 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Chitrakoot Dham?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chitrakoot Dham branch?

The address of the branch is 117,Rampuripurami Bazar, Chitrakoot located in Chitrakoot, Chitrakoot, Uttar Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.