For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Berhampur branch in Ganjam, Brahmapur, Odisha, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Ganjam or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code MAHB0001670. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Maharashtra, Berhampur, Ganjam
Below in the table are the key details related to IFSC Code MAHB0001670 of Bank Of Maharashtra for its branch located in Ganjam, within the district of Brahmapur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001670 |
| Branch | Berhampur |
| City | Ganjam |
| District | Brahmapur |
| State | Odisha |
| Address | Monsoon House, Dharma Nagar Berhampurward No. 16 |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Ganjam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001670 for the Berhampur 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 Berhampur, Ganjam, Odisha, are allotted a unique IFSC like MAHB0001670 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ganjam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ganjam and Brahmapur.
- 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 Berhampur reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code MAHB0001670
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): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Berhampur in Ganjam.
For example, the IFSC Code MAHB0001670 of Bank Of Maharashtra for the Berhampur branch has these elements, identifying the bank and the branch location in Ganjam and Odisha correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0001670 of Bank Of Maharashtra for its Berhampur branch located in Ganjam, 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 Ganjam and Brahmapur, 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 Berhampur or Ganjam to get the exact IFSC Code MAHB0001670.
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 Ganjam that will provide accurate information.
How to Use IFSC Code MAHB0001670 for Online Transfers?
If you have the IFSC Code MAHB0001670 for the Berhampur branch of Bank Of Maharashtra in Ganjam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001670. 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 MAHB0001670.
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 Berhampur in Ganjam, it 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 Berhampur, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Ganjam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001670.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Monsoon House, Dharma Nagar Berhampurward No. 16 located in Ganjam, Brahmapur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.