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 Kamareddy branch in Kamareddy, Kamareddy, or Telangana, 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 Kamareddy or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code MAHB0002206. 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, Kamareddy, Kamareddy
Below in the table are the key details related to IFSC Code MAHB0002206 of Bank Of Maharashtra for its branch located in Kamareddy, within the district of Kamareddy in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002206 |
| Branch | Kamareddy |
| City | Kamareddy |
| District | Kamareddy |
| State | Telangana |
| Address | Shri Raja Rajeshwari Residenceh.No.5-2-188, Vikash Nagar, Kamareddy |
These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Kamareddy for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002206 for the Kamareddy 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 Kamareddy, Kamareddy, Telangana, are allotted a unique IFSC like MAHB0002206 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kamareddy.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kamareddy and Kamareddy.
- 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 Kamareddy reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code MAHB0002206
The format of the IFSC Code for banks, including Bank Of Maharashtra, follows 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 Kamareddy in Kamareddy.
For example, the IFSC Code MAHB0002206 of Bank Of Maharashtra for the Kamareddy branch includes these elements, identifying the bank and the branch location in Kamareddy and Telangana accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002206 of Bank Of Maharashtra for its Kamareddy branch located in Kamareddy, 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 Kamareddy and Kamareddy, 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 Kamareddy or Kamareddy to get the exact IFSC Code MAHB0002206.
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 Kamareddy, you'll get the correct details.
How to Use IFSC Code MAHB0002206 for Online Transfers?
Once you have the IFSC Code MAHB0002206 for the Kamareddy branch of Bank Of Maharashtra in Kamareddy, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002206. 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 MAHB0002206.
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 Kamareddy in Kamareddy, 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 Kamareddy, 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 Kamareddy to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002206.
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 Shri Raja Rajeshwari Residenceh.No.5-2-188, Vikash Nagar, Kamareddy located in Kamareddy, Kamareddy, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.