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 Deoghar branch in Deoghar, Deoghar, Jharkhand, 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 Deoghar or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code MAHB0001805. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Deoghar, Deoghar

Here are some of the key details that come with the IFSC Code MAHB0001805 of Bank Of Maharashtra for its branch located in Deoghar, within the district of Deoghar in the state of Jharkhand.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001805
Branch Deoghar
City Deoghar
District Deoghar
State Jharkhand
Address Shailbala Roy Road,Near Bhagwan Talkies,Deogh Deoghar

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Deoghar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001805 for the Deoghar 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 Deoghar, Deoghar, Jharkhand, are allotted a unique IFSC like MAHB0001805 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Deoghar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Deoghar and Deoghar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of Maharashtra in Deoghar reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code MAHB0001805

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 Deoghar in Deoghar.

For example, the IFSC Code MAHB0001805 of Bank Of Maharashtra for the Deoghar branch includes these elements, identifying the bank and the branch location in Deoghar and Jharkhand correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001805 of Bank Of Maharashtra for its Deoghar branch located in Deoghar, 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 Deoghar and Deoghar, 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 Deoghar or Deoghar to find the exact IFSC Code MAHB0001805.

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 Deoghar will provide accurate information.

How to Use IFSC Code MAHB0001805 for Online Transfers?

Once you have the IFSC Code MAHB0001805 for the Deoghar branch of Bank Of Maharashtra in Deoghar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001805. 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 MAHB0001805.

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 Deoghar in Deoghar 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 Deoghar, 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 Deoghar 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 Deoghar, Deoghar?

The IFSC Code is MAHB0001805.

Is the IFSC Code MAHB0001805 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Bank Of Maharashtra Deoghar?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Deoghar branch?

The address of the branch is Shailbala Roy Road,Near Bhagwan Talkies,Deogh Deoghar located in Deoghar, Deoghar, Jharkhand.

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.