IFSC Code of Bank Of Maharashtra, Asset Recovery Branch Lucknow, Lucknow, Uttar Pradesh- MAHB0002250

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 Asset Recovery Branch Lucknow branch in Lucknow, Lucknow, Uttar Pradesh, 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 Lucknow or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002250. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Asset Recovery Branch Lucknow, Lucknow

Here are the key points that are associated with the IFSC Code MAHB0002250 of Bank Of Maharashtra for its branch located in Lucknow, within the district of Lucknow in the state of Uttar Pradesh.

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Lucknow for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002250 for the Asset Recovery Branch Lucknow 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Asset Recovery Branch Lucknow, Lucknow, Uttar Pradesh, are given a unique IFSC like MAHB0002250 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0002250

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 Asset Recovery Branch Lucknow in Lucknow.

For example, the IFSC Code MAHB0002250 of Bank Of Maharashtra for the Asset Recovery Branch Lucknow branch includes these elements, identifying the bank and the branch location in Lucknow and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0002250 of Bank Of Maharashtra for its Asset Recovery Branch Lucknow branch located in Lucknow, 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 Lucknow and Lucknow, 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 Asset Recovery Branch Lucknow or Lucknow to get the exact IFSC Code MAHB0002250.

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 Lucknow, then it will provide you proper information.

How to Use IFSC Code MAHB0002250 for Online Transfers?

Once you have the IFSC Code MAHB0002250 for the Asset Recovery Branch Lucknow branch of Bank Of Maharashtra in Lucknow, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002250. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHB0002250.

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 Asset Recovery Branch Lucknow in Lucknow, 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 Asset Recovery Branch Lucknow, 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 Lucknow to handle online money transfers and get their cheques cleared smoothly.