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 Noida Sector 51 branch in Gautam Buddha Nagar, Noida, or Uttar Pradesh, 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 Gautam Buddha Nagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0001420. 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, Noida Sector 51, Gautam Buddha Nagar
Here are some of the key details that come with the IFSC Code MAHB0001420 of Bank Of Maharashtra for its branch located in Gautam Buddha Nagar, within the district of Noida in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001420 |
| Branch | Noida Sector 51 |
| City | Gautam Buddha Nagar |
| District | Noida |
| State | Uttar Pradesh |
| Address | A-84 Sector -51Sector -51 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Gautam Buddha Nagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001420 for the Noida Sector 51 branch of Bank Of Maharashtra plays an important 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 Noida Sector 51, Gautam Buddha Nagar, Uttar Pradesh, is provided a unique IFSC like MAHB0001420 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Maharashtra branch in Gautam Buddha Nagar.
- 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 Gautam Buddha Nagar and Noida.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Noida Sector 51 do not get misguided to another person.
Format of the IFSC Code MAHB0001420
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 Noida Sector 51 in Gautam Buddha Nagar.
For example, the IFSC Code MAHB0001420 of Bank Of Maharashtra for the Noida Sector 51 branch includes these elements, identifying the bank and the branch location in Gautam Buddha Nagar and Uttar Pradesh accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0001420 of Bank Of Maharashtra for its Noida Sector 51 branch located in Gautam Buddha Nagar, 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of Maharashtra branches in Gautam Buddha Nagar and Noida, print them 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 Noida Sector 51 or Gautam Buddha Nagar to get the exact IFSC Code MAHB0001420.
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 Gautam Buddha Nagar, you'll get the correct details.
How to Use IFSC Code MAHB0001420 for Online Transfers?
Once you have the IFSC Code MAHB0001420 for the Noida Sector 51 branch of Bank Of Maharashtra in Gautam Buddha Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001420. 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 MAHB0001420.
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 Noida Sector 51 in Gautam Buddha Nagar 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 Noida Sector 51, 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 Gautam Buddha Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001420.
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 A-84 Sector -51Sector -51 located in Gautam Buddha Nagar, Noida, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.