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 City Centre Gwalior branch in Gwalior, Gwalior, Madhya Pradesh, 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 Gwalior or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code MAHB0001226. 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, City Centre Gwalior, Gwalior
Below in the table are the key details related to IFSC Code MAHB0001226 of Bank Of Maharashtra for its branch located in Gwalior, within the district of Gwalior in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001226 |
| Branch | City Centre Gwalior |
| City | Gwalior |
| District | Gwalior |
| State | Madhya Pradesh |
| Address | B-11, Patel Nagar, City Centre, Gwalior 474011 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Gwalior for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001226 for the City Centre Gwalior branch of Bank Of Maharashtra is vital.
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 City Centre Gwalior, Gwalior, Madhya Pradesh, are given a unique IFSC like MAHB0001226 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gwalior.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Gwalior and Gwalior.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of Maharashtra in City Centre Gwalior goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code MAHB0001226
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 City Centre Gwalior in Gwalior.
For example, the IFSC Code MAHB0001226 of Bank Of Maharashtra for the City Centre Gwalior branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0001226 of Bank Of Maharashtra for its City Centre Gwalior branch located in Gwalior, 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 Gwalior and Gwalior, 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 City Centre Gwalior or Gwalior to find the exact IFSC Code MAHB0001226.
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 Gwalior will provide accurate information.
How to Use IFSC Code MAHB0001226 for Online Transfers?
Once you have the IFSC Code MAHB0001226 for the City Centre Gwalior branch of Bank Of Maharashtra in Gwalior, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0001226. The transfer is completed in batches instead of instantly. It is useful for both 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 MAHB0001226.
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 City Centre Gwalior in Gwalior, your payment can get delayed or might not go through at all.
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 City Centre Gwalior, 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 Gwalior to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001226.
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 B-11, Patel Nagar, City Centre, Gwalior 474011 located in Gwalior, Gwalior, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.