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 Kokrajhar branch in Kokrajhar, Kokrajhar, Assam, 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 Kokrajhar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code MAHB0002431. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Kokrajhar, Kokrajhar

Here are the main details that are associated with the IFSC Code MAHB0002431 of Bank Of Maharashtra for its branch located in Kokrajhar, within the district of Kokrajhar in the state of Assam.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002431
Branch Kokrajhar
City Kokrajhar
District Kokrajhar
State Assam
Address J D Road, Ward No 4, Kokrajhar Town, District- Kokrajhar, Assam-783370

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Kokrajhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002431 for the Kokrajhar 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 Kokrajhar, Kokrajhar, Assam, are given a unique IFSC like MAHB0002431 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kokrajhar.
  • 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 Kokrajhar and Kokrajhar.
  • 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 Kokrajhar goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0002431

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 Kokrajhar in Kokrajhar.

For example, the IFSC Code MAHB0002431 of Bank Of Maharashtra for the Kokrajhar branch includes these elements, identifying the bank and the branch location in Kokrajhar and Assam accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0002431 of Bank Of Maharashtra for its Kokrajhar branch located in Kokrajhar, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of Maharashtra branches in Kokrajhar and Kokrajhar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Kokrajhar or Kokrajhar to get the exact IFSC Code MAHB0002431.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Kokrajhar, then it will provide you proper information.

How to Use IFSC Code MAHB0002431 for Online Transfers?

Once you have the IFSC Code MAHB0002431 for the Kokrajhar branch of Bank Of Maharashtra in Kokrajhar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002431. Transfers are processed in batches. This is suitable for 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 MAHB0002431.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Maharashtra Kokrajhar in Kokrajhar may 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 Kokrajhar, 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 Kokrajhar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is MAHB0002431.

Is the IFSC Code MAHB0002431 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 Kokrajhar?

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 Kokrajhar branch?

The address of the branch is J D Road, Ward No 4, Kokrajhar Town, District- Kokrajhar, Assam-783370 located in Kokrajhar, Kokrajhar, 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.