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IFSC Code of Bank Of Maharashtra, Maligaon, Guwahati, Assam — MAHB0002366

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Maligaon branch in Guwahati, Guwahati, Assam, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Guwahati or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code MAHB0002366. You should 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, Maligaon, Guwahati

Here are the main details that are associated with the IFSC Code MAHB0002366 of Bank Of Maharashtra for its branch located in Guwahati, within the district of Guwahati in the state of Assam.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002366
Branch Maligaon
City Guwahati
District Guwahati
State Assam
Address 1St Floor, Dwarka Enclave, Maligaon, Guwahati-781011

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Guwahati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002366 for the Maligaon 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 MAHB0002366 is given to every bank branch, including Bank Of Maharashtra located in Maligaon, Guwahati, Assam, 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 Guwahati.
  • 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 Guwahati and Guwahati.
  • 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 Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Maligaon doesn't end up at another location.

Format of the IFSC Code MAHB0002366

The format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Maligaon in Guwahati.

For example, the IFSC Code MAHB0002366 of Bank Of Maharashtra for the Maligaon branch includes these elements, identifying the bank and the branch location in Guwahati and Assam accurately.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0002366 of Bank Of Maharashtra for its Maligaon branch located in Guwahati, 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 Guwahati and Guwahati, 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 Maligaon or Guwahati to find the exact IFSC Code MAHB0002366.

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 Guwahati will provide accurate information.

How to Use IFSC Code MAHB0002366 for Online Transfers?

Once you have the IFSC Code MAHB0002366 for the Maligaon branch of Bank Of Maharashtra in Guwahati, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002366. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002366.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra Maligaon in Guwahati, it can 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 Maligaon, 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 Guwahati to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Maligaon, Guwahati?

The IFSC Code is MAHB0002366.

Is the IFSC Code MAHB0002366 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 Maligaon?

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 Maligaon branch?

The address of the branch is 1St Floor, Dwarka Enclave, Maligaon, Guwahati-781011 located in Guwahati, Guwahati, Assam.

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.

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