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IFSC Code of Bank Of Maharashtra, S P Road, Dadar, Mumbai, Mumbai, Maharashtra — MAHB0000067

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 S P Road, Dadar, Mumbai branch in Mumbai, Mumbai, 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 Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHB0000067. 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, S P Road, Dadar, Mumbai, Mumbai

Here are the key points that are associated with the IFSC Code MAHB0000067 of Bank Of Maharashtra for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000067
Branch S P Road, Dadar, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Address Shop No-3, 1St Floor, Rushabh Apartment Chs Ltd, Opp Markishandas Hospital, Mumbai,

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000067 for the S P Road, Dadar, Mumbai 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in S P Road, Dadar, Mumbai, Mumbai, Maharashtra, are allotted a unique IFSC like MAHB0000067 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Mumbai and Mumbai.
  • 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 S P Road, Dadar, Mumbai reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code MAHB0000067

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): 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 S P Road, Dadar, Mumbai in Mumbai.

For example, the IFSC Code MAHB0000067 of Bank Of Maharashtra for the S P Road, Dadar, Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000067 of Bank Of Maharashtra for its S P Road, Dadar, Mumbai branch located in Mumbai, 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

Most banks, including Bank Of Maharashtra branches in Mumbai and Mumbai, print the IFSC and MICR codes 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 S P Road, Dadar, Mumbai or Mumbai to get the exact IFSC Code MAHB0000067.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code MAHB0000067 for Online Transfers?

Once you have the IFSC Code MAHB0000067 for the S P Road, Dadar, Mumbai branch of Bank Of Maharashtra in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000067. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0000067.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra S P Road, Dadar, Mumbai in Mumbai, it can 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 S P Road, Dadar, Mumbai, 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 Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in S P Road, Dadar, Mumbai, Mumbai?

The IFSC Code is MAHB0000067.

Is the IFSC Code MAHB0000067 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra S P Road, Dadar, Mumbai?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the S P Road, Dadar, Mumbai branch?

The address of the branch is Shop No-3, 1St Floor, Rushabh Apartment Chs Ltd, Opp Markishandas Hospital, Mumbai, located in Mumbai, Mumbai, 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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