There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Bajpe, Mangalore branch in Dakshin Kannad, Bajpe, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Dakshin Kannad or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code MAHB0001445. You should 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, Bajpe, Mangalore, Dakshin Kannad

The table below shows the main details of the IFSC Code MAHB0001445 for the Bank Of Maharashtra branch in Dakshin Kannad, which falls under the Bajpe district in Karnataka.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001445
Branch Bajpe, Mangalore
City Dakshin Kannad
District Bajpe
State Karnataka
Address Laxmi Nivas, Door No.2/95 Bajpemain Road

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Dakshin Kannad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001445 for the Bajpe, Mangalore 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Bajpe, Mangalore, Dakshin Kannad, Karnataka, are given a unique IFSC like MAHB0001445 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dakshin Kannad.
  • 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 Dakshin Kannad and Bajpe.
  • 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 Bajpe, Mangalore goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0001445

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 Bajpe, Mangalore in Dakshin Kannad.

For example, the IFSC Code MAHB0001445 of Bank Of Maharashtra for the Bajpe, Mangalore branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001445 of Bank Of Maharashtra for its Bajpe, Mangalore branch located in Dakshin Kannad, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and navigate to the branch locator section. Search for Bajpe, Mangalore or Dakshin Kannad to get the exact IFSC Code MAHB0001445.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Maharashtra and Dakshin Kannad, you'll get the correct details.

How to Use IFSC Code MAHB0001445 for Online Transfers?

Once you have the IFSC Code MAHB0001445 for the Bajpe, Mangalore branch of Bank Of Maharashtra in Dakshin Kannad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001445. 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 MAHB0001445.

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 Bajpe, Mangalore in Dakshin Kannad, 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 Bajpe, Mangalore, 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 Dakshin Kannad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Bajpe, Mangalore Dakshin Kannad?

The IFSC Code of the Bajpe, Mangalore Dakshin Kannad branch is MAHB0001445.

Is IFSC Code MAHB0001445 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Bajpe, Mangalore branch?

The branch is located at Laxmi Nivas, Door No.2/95 Bajpemain Road.

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.