IFSC Code of Bank Of Maharashtra, Harihar, Harihar, Karnataka- MAHB0000023

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 Harihar branch in Davangere, Harihar, Karnataka, 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 Davangere or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code MAHB0000023. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Harihar, Davangere

Below in the table are the key details related to IFSC Code MAHB0000023 of Bank Of Maharashtra for its branch located in Davangere, within the district of Harihar in the state of Karnataka.

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Davangere for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000023 for the Harihar 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 Harihar, Davangere, Karnataka, are given a unique IFSC like MAHB0000023 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Davangere.
• 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 Davangere and Harihar.
• 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 Harihar 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 MAHB0000023

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): 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 Harihar in Davangere.

For example, the IFSC Code MAHB0000023 of Bank Of Maharashtra for the Harihar branch includes these elements, identifying the bank and the branch location in Davangere and Karnataka accurately.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0000023 of Bank Of Maharashtra for its Harihar branch located in Davangere, 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 Davangere and Harihar, 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 Harihar or Davangere to find the exact IFSC Code MAHB0000023.

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 Davangere will provide accurate information.

How to Use IFSC Code MAHB0000023 for Online Transfers?

If you have the IFSC Code MAHB0000023 for the Harihar branch of Bank Of Maharashtra in Davangere, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000023. 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 MAHB0000023.

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 Harihar in Davangere, 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 Harihar, 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 Davangere manage their online transfers and cheque clearances easily.