For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Sujangarh branch in Churu, Sujangarh, Rajasthan, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Churu or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code MAHB0001480. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Sujangarh, Churu

Here are the key points that are associated with the IFSC Code MAHB0001480 of Bank Of Maharashtra for its branch located in Churu, within the district of Sujangarh in the state of Rajasthan.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001480
Branch Sujangarh
City Churu
District Sujangarh
State Rajasthan
Address Dadhich Complex, Sujangarh

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Churu for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001480 for the Sujangarh branch of Bank Of Maharashtra has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001480 is given to every bank branch, including Bank Of Maharashtra located in Sujangarh, Churu, Rajasthan, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Churu.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Churu and Sujangarh.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Sujangarh doesn't end up at another location.

Format of the IFSC Code MAHB0001480

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sujangarh in Churu.

For example, the IFSC Code MAHB0001480 of Bank Of Maharashtra for the Sujangarh branch has these elements, identifying the bank and the branch location in Churu and Rajasthan correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001480 of Bank Of Maharashtra for its Sujangarh branch located in Churu, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Sujangarh or Churu to find the exact IFSC Code MAHB0001480.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can 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. Searching for Bank Of Maharashtra and Churu will provide accurate information.

How to Use IFSC Code MAHB0001480 for Online Transfers?

Once you have the IFSC Code MAHB0001480 for the Sujangarh branch of Bank Of Maharashtra in Churu, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001480. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹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 MAHB0001480.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Maharashtra Sujangarh in Churu may result in delayed or failed transactions.

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 Sujangarh, 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 Churu 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 Sujangarh, Churu?

The IFSC Code is MAHB0001480.

Is the IFSC Code MAHB0001480 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 Sujangarh?

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 Sujangarh branch?

The address of the branch is Dadhich Complex, Sujangarh located in Churu, Sujangarh, Rajasthan.

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.