IFSC Code of Bank Of Maharashtra, Kothaguda, Madhapur, Andhra Pradesh- MAHB0001361

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 Kothaguda branch in Medchal-Malkajgiri, Madhapur, Andhra 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 Medchal-Malkajgiri or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0001361. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Kothaguda, Medchal-Malkajgiri

The table below shows the main details of the IFSC Code MAHB0001361 for the Bank Of Maharashtra branch in Medchal-Malkajgiri, which falls under the Madhapur district in Andhra Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Medchal-Malkajgiri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001361 for the Kothaguda 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Kothaguda, Medchal-Malkajgiri, Andhra Pradesh, are allotted a unique IFSC like MAHB0001361 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Medchal-Malkajgiri.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Medchal-Malkajgiri and Madhapur.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of Maharashtra in Kothaguda reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code MAHB0001361

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 Kothaguda in Medchal-Malkajgiri.

For example, the IFSC Code MAHB0001361 of Bank Of Maharashtra for the Kothaguda branch includes these elements, identifying the bank and the branch location in Medchal-Malkajgiri and Andhra Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001361 of Bank Of Maharashtra for its Kothaguda branch located in Medchal-Malkajgiri, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Medchal-Malkajgiri and Madhapur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Kothaguda or Medchal-Malkajgiri to get the exact IFSC Code MAHB0001361.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily 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 to help you in searching for Bank Of Maharashtra and Medchal-Malkajgiri that will provide accurate information.

How to Use IFSC Code MAHB0001361 for Online Transfers?

If you have the IFSC Code MAHB0001361 for the Kothaguda branch of Bank Of Maharashtra in Medchal-Malkajgiri, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001361. 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 MAHB0001361.

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 Kothaguda in Medchal-Malkajgiri, it 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 Kothaguda, 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 Medchal-Malkajgiri manage their online transfers and cheque clearances easily.