IFSC Code of Bank Of Maharashtra, Adarsh Nagar Durg, Durg, Chhattisgarh- MAHB0002240

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Adarsh Nagar Durg branch in Durg, Durg, or Chhattisgarh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Durg or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code MAHB0002240. 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, Adarsh Nagar Durg, Durg

The table below shows the main details of the IFSC Code MAHB0002240 for the Bank Of Maharashtra branch in Durg, which falls under the Durg district in Chhattisgarh.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Durg for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002240 for the Adarsh Nagar Durg branch of Bank Of Maharashtra plays 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, along with Bank Of Maharashtra located in Adarsh Nagar Durg, Durg, Chhattisgarh, are allotted a unique IFSC like MAHB0002240 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Durg.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Durg and Durg.
• 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 Adarsh Nagar Durg reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.

Format of the IFSC Code MAHB0002240

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

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Adarsh Nagar Durg in Durg.

For example, the IFSC Code MAHB0002240 of Bank Of Maharashtra for the Adarsh Nagar Durg branch includes these elements, identifying the bank and the branch location in Durg and Chhattisgarh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0002240 of Bank Of Maharashtra for its Adarsh Nagar Durg branch located in Durg, 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 Durg and Durg, 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 Adarsh Nagar Durg or Durg to get the exact IFSC Code MAHB0002240.

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 Durg, then it will provide you proper information.

How to Use IFSC Code MAHB0002240 for Online Transfers?

Once you have the IFSC Code MAHB0002240 for the Adarsh Nagar Durg branch of Bank Of Maharashtra in Durg, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002240. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHB0002240.

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 Adarsh Nagar Durg in Durg, 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 Adarsh Nagar Durg, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Durg manage online transfers as well as cheque clearances with ease.