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 Noida Sector Sixteen B branch in Gautam Buddha Nagar, Gautam Buddha Nagar, Uttar Pradesh, 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 Gautam Buddha Nagar or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002407. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Maharashtra, Noida Sector Sixteen B, Gautam Buddha Nagar
Here are the key points that are associated with the IFSC Code MAHB0002407 of Bank Of Maharashtra for its branch located in Gautam Buddha Nagar, within the district of Gautam Buddha Nagar in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002407 |
| Branch | Noida Sector Sixteen B |
| City | Gautam Buddha Nagar |
| District | Gautam Buddha Nagar |
| State | Uttar Pradesh |
| Address | Shop No 46,47 And 48,Ground Floor, Greenaria Commercial, Panchsheel Screen, Sector 16B ,Greater Noida West-201009 |
These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Gautam Buddha Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002407 for the Noida Sector Sixteen B 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Noida Sector Sixteen B, Gautam Buddha Nagar, Uttar Pradesh, is provided with a unique IFSC like MAHB0002407 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in Gautam Buddha Nagar.
- 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 Gautam Buddha Nagar and Gautam Buddha Nagar.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Noida Sector Sixteen B do not get mixed with another location.
Format of the IFSC Code MAHB0002407
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 Noida Sector Sixteen B in Gautam Buddha Nagar.
For example, the IFSC Code MAHB0002407 of Bank Of Maharashtra for the Noida Sector Sixteen B 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 MAHB0002407 of Bank Of Maharashtra for its Noida Sector Sixteen B branch located in Gautam Buddha Nagar, 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 Gautam Buddha Nagar and Gautam Buddha Nagar, 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 Noida Sector Sixteen B or Gautam Buddha Nagar to get the exact IFSC Code MAHB0002407.
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 Gautam Buddha Nagar that will provide accurate information.
How to Use IFSC Code MAHB0002407 for Online Transfers?
Once you have the IFSC Code MAHB0002407 for the Noida Sector Sixteen B 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 MAHB0002407. 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 MAHB0002407.
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 Sixteen B in Gautam Buddha Nagar 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 Noida Sector Sixteen B, 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 Gautam Buddha Nagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002407.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No 46,47 And 48,Ground Floor, Greenaria Commercial, Panchsheel Screen, Sector 16B ,Greater Noida West-201009 located in Gautam Buddha Nagar, Gautam Buddha Nagar, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.