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 Veraval branch in Gir Somnath, Veraval, or Gujarat, 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 Gir Somnath or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code MAHB0001990. 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, Veraval, Gir Somnath

Here are the main details that are associated with the IFSC Code MAHB0001990 of Bank Of Maharashtra for its branch located in Gir Somnath, within the district of Veraval in the state of Gujarat.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001990
Branch Veraval
City Gir Somnath
District Veraval
State Gujarat
Address Shop No. 3,4,29 And 30, Ground Floor, Vinayak Plazabehind Hotel Kaveri, Bus Station Road, Veraval

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Gir Somnath for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001990 for the Veraval 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, along with Bank Of Maharashtra located in Veraval, Gir Somnath, Gujarat, are allotted a unique IFSC like MAHB0001990 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Gir Somnath.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Gir Somnath and Veraval.
  • 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 Veraval reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code MAHB0001990

The format of the IFSC Code for banks, including Bank Of Maharashtra, has 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 Veraval in Gir Somnath.

For example, the IFSC Code MAHB0001990 of Bank Of Maharashtra for the Veraval branch includes these elements, identifying the bank and the branch location in Gir Somnath and Gujarat correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001990 of Bank Of Maharashtra for its Veraval branch located in Gir Somnath, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Veraval or Gir Somnath to find the exact IFSC Code MAHB0001990.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Gir Somnath will provide accurate information.

How to Use IFSC Code MAHB0001990 for Online Transfers?

Once you have the IFSC Code MAHB0001990 for the Veraval branch of Bank Of Maharashtra in Gir Somnath, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001990. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHB0001990.

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 Veraval in Gir Somnath, your payment can get delayed or might not go through at all.

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 Veraval, 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 Gir Somnath manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Veraval, Gir Somnath?

The IFSC Code is MAHB0001990.

Is the IFSC Code MAHB0001990 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Veraval?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Veraval branch?

The address of the branch is Shop No. 3,4,29 And 30, Ground Floor, Vinayak Plazabehind Hotel Kaveri, Bus Station Road, Veraval located in Gir Somnath, Veraval, Gujarat.

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.