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 Morbi branch in Morbi, Morvi, Gujarat, 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 Morbi or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code MAHB0001796. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Morbi, Morbi

Below in the table are the key details related to IFSC Code MAHB0001796 of Bank Of Maharashtra for its branch located in Morbi, within the district of Morvi in the state of Gujarat.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001796
Branch Morbi
City Morbi
District Morvi
State Gujarat
Address Meet Plaza, Savasar Plot Morvistreet No. 3/16

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Morbi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001796 for the Morbi branch of Bank Of Maharashtra plays 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 Morbi, Morbi, Gujarat, is provided a unique IFSC like MAHB0001796 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0001796

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): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Morbi in Morbi.

For example, the IFSC Code MAHB0001796 of Bank Of Maharashtra for the Morbi branch has these elements, identifying the bank and the branch location in Morbi and Gujarat correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001796 of Bank Of Maharashtra for its Morbi branch located in Morbi, 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 Morbi and Morvi, 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 Morbi or Morbi to get the exact IFSC Code MAHB0001796.

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 Morbi, you'll get the correct details.

How to Use IFSC Code MAHB0001796 for Online Transfers?

Once you have the IFSC Code MAHB0001796 for the Morbi branch of Bank Of Maharashtra in Morbi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001796. 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 MAHB0001796.

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 Morbi in Morbi may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Morbi, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of Maharashtra website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Morbi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Morbi, Morbi?

The IFSC Code is MAHB0001796.

Is the IFSC Code MAHB0001796 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 Morbi?

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 Morbi branch?

The address of the branch is Meet Plaza, Savasar Plot Morvistreet No. 3/16 located in Morbi, Morvi, Gujarat.

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.