The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Maharashtra for its Ram Nagar Coimbatore branch in Coimbatore, Coimbatore, Tamil Nadu, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Maharashtra located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code MAHB0002478. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Ram Nagar Coimbatore, Coimbatore

Here are the main details that are associated with the IFSC Code MAHB0002478 of Bank Of Maharashtra for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002478
Branch Ram Nagar Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Address No 45, Sathyamoorthy Road, Ramnagar, Coimbatore, Tamilnadu-641009

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Coimbatore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002478 for the Ram Nagar Coimbatore branch of Bank Of Maharashtra is vital.

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, including Bank Of Maharashtra located in Ram Nagar Coimbatore, Coimbatore, Tamil Nadu, is provided with a unique IFSC like MAHB0002478 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Coimbatore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Coimbatore and Coimbatore.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Ram Nagar Coimbatore do not get mixed with another location.

Format of the IFSC Code MAHB0002478

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of Maharashtra, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ram Nagar Coimbatore in Coimbatore.

For example, the IFSC Code MAHB0002478 of Bank Of Maharashtra for the Ram Nagar Coimbatore branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0002478 of Bank Of Maharashtra for its Ram Nagar Coimbatore branch located in Coimbatore, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Ram Nagar Coimbatore or Coimbatore to get the exact IFSC Code MAHB0002478.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Coimbatore, then it will provide you proper information.

How to Use IFSC Code MAHB0002478 for Online Transfers?

If you have the IFSC Code MAHB0002478 for the Ram Nagar Coimbatore branch of Bank Of Maharashtra in Coimbatore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002478. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002478.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Ram Nagar Coimbatore in Coimbatore, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Ram Nagar Coimbatore, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Coimbatore manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Ram Nagar Coimbatore, Coimbatore?

The IFSC Code is MAHB0002478.

Is the IFSC Code MAHB0002478 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Ram Nagar Coimbatore?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ram Nagar Coimbatore branch?

The address of the branch is No 45, Sathyamoorthy Road, Ramnagar, Coimbatore, Tamilnadu-641009 located in Coimbatore, Coimbatore, Tamil Nadu.

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.

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