The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Maharashtra for its Nagarcoil branch in Kanyakumari, Nagercoil, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of Maharashtra located in Kanyakumari or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code MAHB0001264. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Maharashtra, Nagarcoil, Kanyakumari
Here are the key points that are associated with the IFSC Code MAHB0001264 of Bank Of Maharashtra for its branch located in Kanyakumari, within the district of Nagercoil in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001264 |
| Branch | Nagarcoil |
| City | Kanyakumari |
| District | Nagercoil |
| State | Tamil Nadu |
| Address | Pwd Office Road, Chettikulam Junction, Nagercoil 629001Nagercoil 629001 |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Kanyakumari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001264 for the Nagarcoil branch of Bank Of Maharashtra plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Nagarcoil, Kanyakumari, Tamil Nadu, is provided a unique IFSC like MAHB0001264 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Maharashtra branch in Kanyakumari.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kanyakumari and Nagercoil.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Nagarcoil do not get misguided to another person.
Format of the IFSC Code MAHB0001264
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 Nagarcoil in Kanyakumari.
For example, the IFSC Code MAHB0001264 of Bank Of Maharashtra for the Nagarcoil branch includes these elements, identifying the bank and the branch location in Kanyakumari and Tamil Nadu accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0001264 of Bank Of Maharashtra for its Nagarcoil branch located in Kanyakumari, 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 Kanyakumari and Nagercoil, 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 Nagarcoil or Kanyakumari to find the exact IFSC Code MAHB0001264.
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 Kanyakumari will provide accurate information.
How to Use IFSC Code MAHB0001264 for Online Transfers?
Once you have the IFSC Code MAHB0001264 for the Nagarcoil branch of Bank Of Maharashtra in Kanyakumari, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001264. 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 MAHB0001264.
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 Nagarcoil in Kanyakumari, 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 Nagarcoil, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Kanyakumari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001264.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Pwd Office Road, Chettikulam Junction, Nagercoil 629001Nagercoil 629001 located in Kanyakumari, Nagercoil, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.