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 Dimapur branch in Dimapur, Dimapur, Nagaland, 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 Dimapur or anywhere in Nagaland can transfer funds instantly by using the correct IFSC Code MAHB0001722. 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, Dimapur, Dimapur

Here are the main details that are associated with the IFSC Code MAHB0001722 of Bank Of Maharashtra for its branch located in Dimapur, within the district of Dimapur in the state of Nagaland.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001722
Branch Dimapur
City Dimapur
District Dimapur
State Nagaland
Address Purana Bazar,Near Traffic Point Dimapur

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Dimapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001722 for the Dimapur 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001722 is given to every bank branch, including Bank Of Maharashtra located in Dimapur, Dimapur, Nagaland, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Dimapur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Dimapur and Dimapur.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Nagaland and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Dimapur doesn't end up at another location.

Format of the IFSC Code MAHB0001722

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 Dimapur in Dimapur.

For example, the IFSC Code MAHB0001722 of Bank Of Maharashtra for the Dimapur branch includes these elements, identifying the bank and the branch location in Dimapur and Nagaland accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0001722 of Bank Of Maharashtra for its Dimapur branch located in Dimapur, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Dimapur or Dimapur to get the exact IFSC Code MAHB0001722.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Dimapur, then it will provide you proper information.

How to Use IFSC Code MAHB0001722 for Online Transfers?

Once you have the IFSC Code MAHB0001722 for the Dimapur branch of Bank Of Maharashtra in Dimapur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001722. 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 MAHB0001722.

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 Dimapur in Dimapur may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Dimapur, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of Maharashtra website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Dimapur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is MAHB0001722.

Is the IFSC Code MAHB0001722 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 Dimapur?

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 Dimapur branch?

The address of the branch is Purana Bazar,Near Traffic Point Dimapur located in Dimapur, Dimapur, Nagaland.

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.