Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Kalina, Mumbai branch in Mumbai Suburban, Mumbai, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001767. You should definitely 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, Kalina, Mumbai, Mumbai Suburban
Here are some of the key details that come with the IFSC Code MAHB0001767 of Bank Of Maharashtra for its branch located in Mumbai Suburban, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001767 |
| Branch | Kalina, Mumbai |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground Floor, B Wing, Vinay Bhavya Complex, Kalina, Mumbai |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Mumbai Suburban for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001767 for the Kalina, Mumbai 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001767 is given to every bank branch, including Bank Of Maharashtra located in Kalina, Mumbai, Mumbai Suburban, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in Mumbai Suburban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Mumbai Suburban and Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Kalina, Mumbai doesn't end up at another location.
Format of the IFSC Code MAHB0001767
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 Kalina, Mumbai in Mumbai Suburban.
For example, the IFSC Code MAHB0001767 of Bank Of Maharashtra for the Kalina, Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0001767 of Bank Of Maharashtra for its Kalina, Mumbai branch located in Mumbai Suburban, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Maharashtra branches in Mumbai Suburban and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Kalina, Mumbai or Mumbai Suburban to find the exact IFSC Code MAHB0001767.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Mumbai Suburban will provide accurate information.
How to Use IFSC Code MAHB0001767 for Online Transfers?
Once you have the IFSC Code MAHB0001767 for the Kalina, Mumbai branch of Bank Of Maharashtra in Mumbai Suburban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0001767. 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 MAHB0001767.
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 Kalina, Mumbai in Mumbai Suburban, 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 Kalina, Mumbai, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai Suburban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kalina, Mumbai Mumbai Suburban branch is MAHB0001767.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, B Wing, Vinay Bhavya Complex, Kalina, Mumbai.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.