IFSC Code of Bank Of Maharashtra, Tarabai Park, Kolhapur, Kolhapur, Maharashtra- MAHB0001045

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 Tarabai Park, Kolhapur branch in Kolhapur, Kolhapur, Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001045. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Tarabai Park, Kolhapur, Kolhapur

Here are the key points that are associated with the IFSC Code MAHB0001045 of Bank Of Maharashtra for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.

These details helps 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 MAHB0001045 for the Tarabai Park, Kolhapur 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001045 is given to every bank branch, including Bank Of Maharashtra located in Tarabai Park, Kolhapur, Kolhapur, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bank Of Maharashtra branch in Kolhapur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Kolhapur and Kolhapur.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Tarabai Park, Kolhapur doesn't end up at another location.

Format of the IFSC Code MAHB0001045

The format of the IFSC Code for banks, including Bank Of Maharashtra, has 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 Tarabai Park, Kolhapur in Kolhapur.

For example, the IFSC Code MAHB0001045 of Bank Of Maharashtra for the Tarabai Park, Kolhapur branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0001045 of Bank Of Maharashtra for its Tarabai Park, Kolhapur branch located in Kolhapur, 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 Kolhapur and Kolhapur, 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 Tarabai Park, Kolhapur or Kolhapur to get the exact IFSC Code MAHB0001045.

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 Kolhapur, then it will provide you proper information.

How to Use IFSC Code MAHB0001045 for Online Transfers?

If you have the IFSC Code MAHB0001045 for the Tarabai Park, Kolhapur branch of Bank Of Maharashtra in Kolhapur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001045. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0001045.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Tarabai Park, Kolhapur in Kolhapur, it 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 Tarabai Park, 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.