The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Maharashtra for its Ferozepur branch in Ferozpur, Firozpur, Punjab, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Maharashtra located in Ferozpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code MAHB0000443. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Ferozepur, Ferozpur

Below in the table are the key details related to IFSC Code MAHB0000443 of Bank Of Maharashtra for its branch located in Ferozpur, within the district of Firozpur in the state of Punjab.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000443
Branch Ferozepur
City Ferozpur
District Firozpur
State Punjab
Address Bazar Banswala, Arya Samaj Chowk, Ferozpur

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Ferozpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000443 for the Ferozepur branch of Bank Of Maharashtra has 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, including Bank Of Maharashtra located in Ferozepur, Ferozpur, Punjab, is provided with a unique IFSC like MAHB0000443 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Ferozpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ferozpur and Firozpur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Ferozepur do not get mixed with another location.

Format of the IFSC Code MAHB0000443

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 Ferozepur in Ferozpur.

For example, the IFSC Code MAHB0000443 of Bank Of Maharashtra for the Ferozepur branch includes these elements, identifying the bank and the branch location in Ferozpur and Punjab accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000443 of Bank Of Maharashtra for its Ferozepur branch located in Ferozpur, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Ferozpur and Firozpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Ferozepur or Ferozpur to get the exact IFSC Code MAHB0000443.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily 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 to help you in searching for Bank Of Maharashtra and Ferozpur that will provide accurate information.

How to Use IFSC Code MAHB0000443 for Online Transfers?

Once you have the IFSC Code MAHB0000443 for the Ferozepur branch of Bank Of Maharashtra in Ferozpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000443. The transfer is completed in batches instead of instantly. It is useful for both 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 MAHB0000443.

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 Ferozepur in Ferozpur, your payment can get delayed or might not go through at all.

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 Ferozepur, 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 Ferozpur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Ferozepur, Ferozpur?

The IFSC Code is MAHB0000443.

Is the IFSC Code MAHB0000443 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 Ferozepur?

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 Ferozepur branch?

The address of the branch is Bazar Banswala, Arya Samaj Chowk, Ferozpur located in Ferozpur, Firozpur, 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.