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 Jee Jamgaon branch in Dhamtari, Jee-Jamgaon, Chandigarh, 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 Dhamtari or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code MAHB0000693. 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, Jee Jamgaon, Dhamtari

Below in the table are the key details related to IFSC Code MAHB0000693 of Bank Of Maharashtra for its branch located in Dhamtari, within the district of Jee-Jamgaon in the state of Chandigarh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000693
Branch Jee Jamgaon
City Dhamtari
District Jee-Jamgaon
State Chandigarh
Address House Of Gaikwad,Via Kurud,Jee-Jamgaon,Teh.Dhamtari

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Dhamtari for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0000693 for the Jee Jamgaon branch of Bank Of Maharashtra is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Jee Jamgaon, Dhamtari, Chandigarh, is provided a unique IFSC like MAHB0000693 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in Dhamtari.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Dhamtari and Jee-Jamgaon.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Chandigarh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Jee Jamgaon do not get misguided to another person.

Format of the IFSC Code MAHB0000693

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jee Jamgaon in Dhamtari.

For example, the IFSC Code MAHB0000693 of Bank Of Maharashtra for the Jee Jamgaon branch includes these elements, identifying the bank and the branch location in Dhamtari and Chandigarh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000693 of Bank Of Maharashtra for its Jee Jamgaon branch located in Dhamtari, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Jee Jamgaon or Dhamtari to get the exact IFSC Code MAHB0000693.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily 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 to help you in searching for Bank Of Maharashtra and Dhamtari that will provide accurate information.

How to Use IFSC Code MAHB0000693 for Online Transfers?

Once you have the IFSC Code MAHB0000693 for the Jee Jamgaon branch of Bank Of Maharashtra in Dhamtari, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000693. The transfer is completed in batches instead of instantly. It is useful for both 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 MAHB0000693.

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 Jee Jamgaon in Dhamtari, 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 Jee Jamgaon, 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 Dhamtari to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Jee Jamgaon Dhamtari?

The IFSC Code of the Jee Jamgaon Dhamtari branch is MAHB0000693.

Is IFSC Code MAHB0000693 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 Jee Jamgaon branch?

The branch is located at House Of Gaikwad,Via Kurud,Jee-Jamgaon,Teh.Dhamtari.

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.