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 Pandhana branch in East Nimar, Pandhana, Madhya Pradesh, 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 East Nimar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0000143. 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, Pandhana, East Nimar

Below in the table are the key details related to IFSC Code MAHB0000143 of Bank Of Maharashtra for its branch located in East Nimar, within the district of Pandhana in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000143
Branch Pandhana
City East Nimar
District Pandhana
State Madhya Pradesh
Address 523, Poonam Bldg, Chowk Bazar, Pandhana 450661

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in East Nimar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000143 for the Pandhana branch of Bank Of Maharashtra has a very 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 Pandhana, East Nimar, Madhya Pradesh, are allotted a unique IFSC like MAHB0000143 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 Nimar.
  • 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 Nimar and Pandhana.
  • 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 Pandhana reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code MAHB0000143

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 Pandhana in East Nimar.

For example, the IFSC Code MAHB0000143 of Bank Of Maharashtra for the Pandhana branch includes these elements, identifying the bank and the branch location in East Nimar and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000143 of Bank Of Maharashtra for its Pandhana branch located in East Nimar, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of Maharashtra branches in East Nimar and Pandhana, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and navigate to the branch locator section. Search for Pandhana or East Nimar to get the exact IFSC Code MAHB0000143.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Maharashtra and East Nimar, you'll get the correct details.

How to Use IFSC Code MAHB0000143 for Online Transfers?

Once you have the IFSC Code MAHB0000143 for the Pandhana branch of Bank Of Maharashtra in East Nimar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000143. 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 MAHB0000143.

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 Pandhana in East Nimar, 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 Pandhana, 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 East Nimar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Pandhana, East Nimar?

The IFSC Code is MAHB0000143.

Is the IFSC Code MAHB0000143 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pandhana branch?

The address of the branch is 523, Poonam Bldg, Chowk Bazar, Pandhana 450661 located in East Nimar, Pandhana, Madhya Pradesh.

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.