IFSC Code of Bank Of Maharashtra, Tilak Nagar, Mumbai Suburb, Maharashtra- MAHB0002470

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 Tilak Nagar branch in Mumbai Suburb, Mumbai Suburb, 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 Mumbai Suburb or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0002470. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Tilak Nagar, Mumbai Suburb

The table below shows the main details of the IFSC Code MAHB0002470 for the Bank Of Maharashtra branch in Mumbai Suburb, which falls under the Mumbai Suburb district in Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Mumbai Suburb for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002470 for the Tilak Nagar branch of Bank Of Maharashtra is vital.

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 Tilak Nagar, Mumbai Suburb, Maharashtra, are given a unique IFSC like MAHB0002470 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 Suburb.
• 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 Mumbai Suburb and Mumbai Suburb.
• 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 Tilak Nagar goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0002470

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 Tilak Nagar in Mumbai Suburb.

For example, the IFSC Code MAHB0002470 of Bank Of Maharashtra for the Tilak Nagar branch has these elements, identifying the bank and the branch location in Mumbai Suburb and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002470 of Bank Of Maharashtra for its Tilak Nagar branch located in Mumbai Suburb, 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 Mumbai Suburb and Mumbai Suburb, 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 Tilak Nagar or Mumbai Suburb to get the exact IFSC Code MAHB0002470.

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 Suburb, you'll get the correct details.

How to Use IFSC Code MAHB0002470 for Online Transfers?

Once you have the IFSC Code MAHB0002470 for the Tilak Nagar branch of Bank Of Maharashtra in Mumbai Suburb, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002470. 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 MAHB0002470.

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 Tilak Nagar in Mumbai Suburb, 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 Tilak Nagar, 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 Mumbai Suburb to handle online money transfers and get their cheques cleared smoothly.