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 Mayur Vihar -Iii branch in East Delhi, Delhi, Delhi, 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 East Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code MAHB0001357. 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, Mayur Vihar -Iii, East Delhi
Here are the main details that are associated with the IFSC Code MAHB0001357 of Bank Of Maharashtra for its branch located in East Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001357 |
| Branch | Mayur Vihar -Iii |
| City | East Delhi |
| District | Delhi |
| State | Delhi |
| Address | First Floor, F-28 To 30, Hall No.4, Mayur Vihar, Delhicsc-Ii, Kunoli Gharoli, A-2, Dda Market, |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in East Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001357 for the Mayur Vihar -Iii 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 Mayur Vihar -Iii, East Delhi, Delhi, are allotted a unique IFSC like MAHB0001357 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in East Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like East Delhi and Delhi.
- 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 Mayur Vihar -Iii reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code MAHB0001357
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 Mayur Vihar -Iii in East Delhi.
For example, the IFSC Code MAHB0001357 of Bank Of Maharashtra for the Mayur Vihar -Iii branch includes these elements, identifying the bank and the branch location in East Delhi and Delhi accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are looking for the IFSC Code MAHB0001357 of Bank Of Maharashtra for its Mayur Vihar -Iii branch located in East Delhi, 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 East Delhi and Delhi, 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 Mayur Vihar -Iii or East Delhi to get the exact IFSC Code MAHB0001357.
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 East Delhi, then it will provide you proper information.
How to Use IFSC Code MAHB0001357 for Online Transfers?
If you have the IFSC Code MAHB0001357 for the Mayur Vihar -Iii branch of Bank Of Maharashtra in East Delhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001357. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0001357.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Mayur Vihar -Iii in East Delhi, it may 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 Mayur Vihar -Iii, 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 East Delhi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001357.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is First Floor, F-28 To 30, Hall No.4, Mayur Vihar, Delhicsc-Ii, Kunoli Gharoli, A-2, Dda Market, located in East Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.