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 Wadsa Desaiganj branch in Gadchiroli, Gadchiroli, Maharashtra, 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 Gadchiroli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0002590. 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, Wadsa Desaiganj, Gadchiroli
The table below shows the main details of the IFSC Code MAHB0002590 for the Bank Of Maharashtra branch in Gadchiroli, which falls under the Gadchiroli district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002590 |
| Branch | Wadsa Desaiganj |
| City | Gadchiroli |
| District | Gadchiroli |
| State | Maharashtra |
| Address | 139, Mata Ward, Main Market, Wadsa(Desaiganj), Taluka- Desaiganj, Gadchiroli, Maharashtra-441207 |
These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Gadchiroli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002590 for the Wadsa Desaiganj 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002590 is given to every bank branch, including Bank Of Maharashtra located in Wadsa Desaiganj, Gadchiroli, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in Gadchiroli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Gadchiroli and Gadchiroli.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Wadsa Desaiganj doesn't end up at another location.
Format of the IFSC Code MAHB0002590
This is the format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Wadsa Desaiganj in Gadchiroli.
For example, the IFSC Code MAHB0002590 of Bank Of Maharashtra for the Wadsa Desaiganj branch includes these elements, identifying the bank and the branch location in Gadchiroli and Maharashtra accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002590 of Bank Of Maharashtra for its Wadsa Desaiganj branch located in Gadchiroli, 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 Gadchiroli and Gadchiroli, 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 Wadsa Desaiganj or Gadchiroli to get the exact IFSC Code MAHB0002590.
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 Gadchiroli that will provide accurate information.
How to Use IFSC Code MAHB0002590 for Online Transfers?
If you have the IFSC Code MAHB0002590 for the Wadsa Desaiganj branch of Bank Of Maharashtra in Gadchiroli, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002590. 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 MAHB0002590.
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 Wadsa Desaiganj in Gadchiroli, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Wadsa Desaiganj, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Maharashtra website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Gadchiroli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002590.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 139, Mata Ward, Main Market, Wadsa(Desaiganj), Taluka- Desaiganj, Gadchiroli, Maharashtra-441207 located in Gadchiroli, Gadchiroli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.