IFSC Code of Bank Of Maharashtra, Kasbanool, Kasaba Nool, Maharashtra- MAHB0001041

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Kasbanool branch in Kolhapur, Kasaba Nool, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001041. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Kasbanool, Kolhapur

The table below shows the main details of the IFSC Code MAHB0001041 for the Bank Of Maharashtra branch in Kolhapur, which falls under the Kasaba Nool district in Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Kolhapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001041 for the Kasbanool 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 Kasbanool, Kolhapur, Maharashtra, are given a unique IFSC like MAHB0001041 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0001041

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): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kasbanool in Kolhapur.

For example, the IFSC Code MAHB0001041 of Bank Of Maharashtra for the Kasbanool branch has these elements, identifying the bank and the branch location in Kolhapur and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001041 of Bank Of Maharashtra for its Kasbanool branch located in Kolhapur, 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 Kolhapur and Kasaba Nool, 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 Kasbanool or Kolhapur to find the exact IFSC Code MAHB0001041.

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 Kolhapur will provide accurate information.

How to Use IFSC Code MAHB0001041 for Online Transfers?

Once you have the IFSC Code MAHB0001041 for the Kasbanool branch of Bank Of Maharashtra in Kolhapur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001041. 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 MAHB0001041.

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 Kasbanool in Kolhapur may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Kasbanool, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Kolhapur manage their online transfers and cheque clearances easily.