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 Rishikesh branch in Dehradun, Rishikesh, Uttarakhand, 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 Dehradun or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code MAHB0002248. 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, Rishikesh, Dehradun

The table below shows the main details of the IFSC Code MAHB0002248 for the Bank Of Maharashtra branch in Dehradun, which falls under the Rishikesh district in Uttarakhand.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002248
Branch Rishikesh
City Dehradun
District Rishikesh
State Uttarakhand
Address 63, Dehra Dun Road, Rishikesh-249137

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Dehradun for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002248 for the Rishikesh 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, including Bank Of Maharashtra located in Rishikesh, Dehradun, Uttarakhand, is provided with a unique IFSC like MAHB0002248 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Dehradun.
  • 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 Dehradun and Rishikesh.
  • 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 Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Rishikesh do not get mixed with another location.

Format of the IFSC Code MAHB0002248

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 Rishikesh in Dehradun.

For example, the IFSC Code MAHB0002248 of Bank Of Maharashtra for the Rishikesh branch has these elements, identifying the bank and the branch location in Dehradun and Uttarakhand correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002248 of Bank Of Maharashtra for its Rishikesh branch located in Dehradun, 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of Maharashtra branches in Dehradun and Rishikesh, print them 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 Rishikesh or Dehradun to get the exact IFSC Code MAHB0002248.

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 Dehradun, you'll get the correct details.

How to Use IFSC Code MAHB0002248 for Online Transfers?

Once you have the IFSC Code MAHB0002248 for the Rishikesh branch of Bank Of Maharashtra in Dehradun, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002248. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002248.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra Rishikesh in Dehradun, it can 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 Rishikesh, 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 Dehradun manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Rishikesh, Dehradun?

The IFSC Code is MAHB0002248.

Is the IFSC Code MAHB0002248 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 Rishikesh?

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 Rishikesh branch?

The address of the branch is 63, Dehra Dun Road, Rishikesh-249137 located in Dehradun, Rishikesh, Uttarakhand.

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.