IFSC Code of Bank Of Maharashtra, Shreekrishna Nagar,Borivli, Mumbai, Mumbai, Maharashtra- MAHB0001178

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 Shreekrishna Nagar,Borivli, Mumbai branch in Mumbai Suburban, Mumbai, 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 Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001178. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Shreekrishna Nagar,Borivli, Mumbai, Mumbai Suburban

Below in the table are the key details related to IFSC Code MAHB0001178 of Bank Of Maharashtra for its branch located in Mumbai Suburban, within the district of Mumbai in the state of 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 Suburban for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001178 for the Shreekrishna Nagar,Borivli, Mumbai branch of Bank Of Maharashtra is vital.

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 Shreekrishna Nagar,Borivli, Mumbai, Mumbai Suburban, Maharashtra, is provided a unique IFSC like MAHB0001178 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of Maharashtra branch in Mumbai Suburban.
• 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 Mumbai Suburban and Mumbai.
• 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Shreekrishna Nagar,Borivli, Mumbai do not get misguided to another person.

Format of the IFSC Code MAHB0001178

This is the format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shreekrishna Nagar,Borivli, Mumbai in Mumbai Suburban.

For example, the IFSC Code MAHB0001178 of Bank Of Maharashtra for the Shreekrishna Nagar,Borivli, 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?

If you are trying to find the IFSC Code MAHB0001178 of Bank Of Maharashtra for its Shreekrishna Nagar,Borivli, Mumbai branch located in Mumbai Suburban, 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 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 find the branch locator section. Search for Shreekrishna Nagar,Borivli, Mumbai or Mumbai Suburban to get the exact IFSC Code MAHB0001178.

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 Mumbai Suburban that will provide accurate information.

How to Use IFSC Code MAHB0001178 for Online Transfers?

Once you have the IFSC Code MAHB0001178 for the Shreekrishna Nagar,Borivli, 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 MAHB0001178. 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 MAHB0001178.

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 Shreekrishna Nagar,Borivli, 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 check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Shreekrishna Nagar,Borivli, 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 Suburban manage online transfers as well as cheque clearances with ease.