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 Chunni Kalan branch in Fatehgarh Sahib, Bassi Pathana, Punjab, 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 Fatehgarh Sahib or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code MAHB0001492. 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, Chunni Kalan, Fatehgarh Sahib

Here are some of the key details that come with the IFSC Code MAHB0001492 of Bank Of Maharashtra for its branch located in Fatehgarh Sahib, within the district of Bassi Pathana in the state of Punjab.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001492
Branch Chunni Kalan
City Fatehgarh Sahib
District Bassi Pathana
State Punjab
Address Chunni Kalan, Main Chandigarh-Fatehgarh Sahib Highway

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Fatehgarh Sahib for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001492 for the Chunni Kalan 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 Chunni Kalan, Fatehgarh Sahib, Punjab, are allotted a unique IFSC like MAHB0001492 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Fatehgarh Sahib.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Fatehgarh Sahib and Bassi Pathana.
  • 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 Chunni Kalan reaches the right place, even though there are thousands of branches in Punjab and across India.

Format of the IFSC Code MAHB0001492

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 Chunni Kalan in Fatehgarh Sahib.

For example, the IFSC Code MAHB0001492 of Bank Of Maharashtra for the Chunni Kalan branch includes these elements, identifying the bank and the branch location in Fatehgarh Sahib and Punjab accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001492 of Bank Of Maharashtra for its Chunni Kalan branch located in Fatehgarh Sahib, 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

Most banks, including Bank Of Maharashtra branches in Fatehgarh Sahib and Bassi Pathana, print the IFSC and MICR codes 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 Chunni Kalan or Fatehgarh Sahib to get the exact IFSC Code MAHB0001492.

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 Fatehgarh Sahib, you'll get the correct details.

How to Use IFSC Code MAHB0001492 for Online Transfers?

Once you have the IFSC Code MAHB0001492 for the Chunni Kalan branch of Bank Of Maharashtra in Fatehgarh Sahib, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001492. 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 MAHB0001492.

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 Chunni Kalan in Fatehgarh Sahib 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 Chunni Kalan, 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 Fatehgarh Sahib manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Chunni Kalan, Fatehgarh Sahib?

The IFSC Code is MAHB0001492.

Is the IFSC Code MAHB0001492 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chunni Kalan branch?

The address of the branch is Chunni Kalan, Main Chandigarh-Fatehgarh Sahib Highway located in Fatehgarh Sahib, Bassi Pathana, Punjab.

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.