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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Maharashtra for its Gadwal branch in Jogulamba-Gadwal, Gadwal, Telangana, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of Maharashtra located in Jogulamba-Gadwal or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code MAHB0002150. 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, Gadwal, Jogulamba-Gadwal
Here are some of the key details that come with the IFSC Code MAHB0002150 of Bank Of Maharashtra for its branch located in Jogulamba-Gadwal, within the district of Gadwal in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002150 |
| Branch | Gadwal |
| City | Jogulamba-Gadwal |
| District | Gadwal |
| State | Telangana |
| Address | H.No. 7-3-111 Mig-111 Gadwal Town |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Jogulamba-Gadwal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002150 for the Gadwal 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002150 is given to every bank branch, including Bank Of Maharashtra located in Gadwal, Jogulamba-Gadwal, Telangana, 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 Jogulamba-Gadwal.
- 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 Jogulamba-Gadwal and Gadwal.
- 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Gadwal doesn't end up at another location.
Format of the IFSC Code MAHB0002150
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 Gadwal in Jogulamba-Gadwal.
For example, the IFSC Code MAHB0002150 of Bank Of Maharashtra for the Gadwal branch includes these elements, identifying the bank and the branch location in Jogulamba-Gadwal and Telangana accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002150 of Bank Of Maharashtra for its Gadwal branch located in Jogulamba-Gadwal, 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 Jogulamba-Gadwal and Gadwal, 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 Gadwal or Jogulamba-Gadwal to get the exact IFSC Code MAHB0002150.
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 Jogulamba-Gadwal, you'll get the correct details.
How to Use IFSC Code MAHB0002150 for Online Transfers?
Once you have the IFSC Code MAHB0002150 for the Gadwal branch of Bank Of Maharashtra in Jogulamba-Gadwal, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002150. 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 MAHB0002150.
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 Gadwal in Jogulamba-Gadwal, 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 Gadwal, 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 Jogulamba-Gadwal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002150.
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 H.No. 7-3-111 Mig-111 Gadwal Town located in Jogulamba-Gadwal, Gadwal, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.