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IFSC Code of Bank Of Maharashtra, Sane Guruji Vasahat Kolhapur, Kolhapur, Maharashtra — MAHB0001017

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Sane Guruji Vasahat Kolhapur branch in Kolhapur, Kolhapur, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Kolhapur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHB0001017. You should 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, Sane Guruji Vasahat Kolhapur, Kolhapur

Here are the key points that are associated with the IFSC Code MAHB0001017 of Bank Of Maharashtra for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001017
Branch Sane Guruji Vasahat Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Address Plot No. 1, Shivaram Powar Housing Society, Sane Guruji Vasahat, Kolhapur

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Kolhapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001017 for the Sane Guruji Vasahat Kolhapur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Sane Guruji Vasahat Kolhapur, Kolhapur, Maharashtra, is provided a unique IFSC like MAHB0001017 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 Kolhapur.
  • 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 Sane Guruji Vasahat Kolhapur do not get misguided to another person.

Format of the IFSC Code MAHB0001017

This is the format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sane Guruji Vasahat Kolhapur in Kolhapur.

For example, the IFSC Code MAHB0001017 of Bank Of Maharashtra for the Sane Guruji Vasahat Kolhapur 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?

To find the IFSC Code MAHB0001017 of Bank Of Maharashtra for its Sane Guruji Vasahat Kolhapur 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 Kolhapur, 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 Sane Guruji Vasahat Kolhapur or Kolhapur to find the exact IFSC Code MAHB0001017.

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 MAHB0001017 for Online Transfers?

Once you have the IFSC Code MAHB0001017 for the Sane Guruji Vasahat Kolhapur 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 MAHB0001017. 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 MAHB0001017.

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 Sane Guruji Vasahat Kolhapur in Kolhapur 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 Sane Guruji Vasahat Kolhapur, 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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Sane Guruji Vasahat Kolhapur, Kolhapur?

The IFSC Code is MAHB0001017.

Is the IFSC Code MAHB0001017 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Sane Guruji Vasahat Kolhapur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sane Guruji Vasahat Kolhapur branch?

The address of the branch is Plot No. 1, Shivaram Powar Housing Society, Sane Guruji Vasahat, Kolhapur located in Kolhapur, Kolhapur, Maharashtra.

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.

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