IFSC Code of Bank Of Maharashtra, Salvan, Salwan, Maharashtra- MAHB0000932

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 Salvan branch in Kolhapur, Salwan, Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000932. 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, Salvan, Kolhapur

The table below shows the main details of the IFSC Code MAHB0000932 for the Bank Of Maharashtra branch in Kolhapur, which falls under the Salwan district in Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Kolhapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000932 for the Salvan branch of Bank Of Maharashtra has an important 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 Salvan, Kolhapur, Maharashtra, is provided a unique IFSC like MAHB0000932 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of Maharashtra branch in Kolhapur.
• 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 Kolhapur and Salwan.
• 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Salvan do not get misguided to another person.

Format of the IFSC Code MAHB0000932

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 Salvan in Kolhapur.

For example, the IFSC Code MAHB0000932 of Bank Of Maharashtra for the Salvan branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000932 of Bank Of Maharashtra for its Salvan branch located in Kolhapur, 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 Kolhapur and Salwan, 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 Salvan or Kolhapur to get the exact IFSC Code MAHB0000932.

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 Kolhapur, you'll get the correct details.

How to Use IFSC Code MAHB0000932 for Online Transfers?

Once you have the IFSC Code MAHB0000932 for the Salvan branch of Bank Of Maharashtra in Kolhapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000932. The transfer is completed in batches instead of instantly. It is useful for both 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 MAHB0000932.

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 Salvan in Kolhapur, 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 Salvan, 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 Kolhapur to handle online money transfers and get their cheques cleared smoothly.