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 Mandigobindgarh branch in Fatehgarh Sahib, Gobind Garh, or Punjab, 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 Fatehgarh Sahib or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code MAHB0001268. 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, Mandigobindgarh, Fatehgarh Sahib
Below in the table are the key details related to IFSC Code MAHB0001268 of Bank Of Maharashtra for its branch located in Fatehgarh Sahib, within the district of Gobind Garh in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001268 |
| Branch | Mandigobindgarh |
| City | Fatehgarh Sahib |
| District | Gobind Garh |
| State | Punjab |
| Address | Konark Plaza, Motia Khan, G.T.Road, Mandi Gobindgarh |
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 MAHB0001268 for the Mandigobindgarh 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Mandigobindgarh, Fatehgarh Sahib, Punjab, is provided a unique IFSC like MAHB0001268 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Maharashtra branch in Fatehgarh Sahib.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Fatehgarh Sahib and Gobind Garh.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Mandigobindgarh do not get misguided to another person.
Format of the IFSC Code MAHB0001268
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 Mandigobindgarh in Fatehgarh Sahib.
For example, the IFSC Code MAHB0001268 of Bank Of Maharashtra for the Mandigobindgarh 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?
To find the IFSC Code MAHB0001268 of Bank Of Maharashtra for its Mandigobindgarh branch located in Fatehgarh Sahib, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Maharashtra branches in Fatehgarh Sahib and Gobind Garh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Mandigobindgarh or Fatehgarh Sahib to find the exact IFSC Code MAHB0001268.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Fatehgarh Sahib will provide accurate information.
How to Use IFSC Code MAHB0001268 for Online Transfers?
Once you have the IFSC Code MAHB0001268 for the Mandigobindgarh 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 MAHB0001268. 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 MAHB0001268.
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 Mandigobindgarh in Fatehgarh Sahib may result in delayed or failed transactions.
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 Mandigobindgarh, 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 Fatehgarh Sahib manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mandigobindgarh Fatehgarh Sahib branch is MAHB0001268.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Konark Plaza, Motia Khan, G.T.Road, Mandi Gobindgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.