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 Bhikhanpura branch in Muzaffarpur, Muzaffarpur, Bihar, 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 Muzaffarpur or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code MAHB0001965. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Maharashtra, Bhikhanpura, Muzaffarpur
Here are the key points that are associated with the IFSC Code MAHB0001965 of Bank Of Maharashtra for its branch located in Muzaffarpur, within the district of Muzaffarpur in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001965 |
| Branch | Bhikhanpura |
| City | Muzaffarpur |
| District | Muzaffarpur |
| State | Bihar |
| Address | Gobarsahi Chowknh-28 Bhikhanpura |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Muzaffarpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001965 for the Bhikhanpura 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 Bhikhanpura, Muzaffarpur, Bihar, are allotted a unique IFSC like MAHB0001965 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Muzaffarpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Muzaffarpur and Muzaffarpur.
- 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 Bhikhanpura reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code MAHB0001965
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 Bhikhanpura in Muzaffarpur.
For example, the IFSC Code MAHB0001965 of Bank Of Maharashtra for the Bhikhanpura branch includes these elements, identifying the bank and the branch location in Muzaffarpur and Bihar accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are looking for the IFSC Code MAHB0001965 of Bank Of Maharashtra for its Bhikhanpura branch located in Muzaffarpur, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Maharashtra branches in Muzaffarpur and Muzaffarpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Bhikhanpura or Muzaffarpur to get the exact IFSC Code MAHB0001965.
Mobile Banking App
If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Muzaffarpur, then it will provide you proper information.
How to Use IFSC Code MAHB0001965 for Online Transfers?
Once you have the IFSC Code MAHB0001965 for the Bhikhanpura branch of Bank Of Maharashtra in Muzaffarpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001965. 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 MAHB0001965.
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 Bhikhanpura in Muzaffarpur, it can result in delayed or failed transactions.
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 Bhikhanpura, 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 Muzaffarpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bhikhanpura Muzaffarpur branch is MAHB0001965.
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 Gobarsahi Chowknh-28 Bhikhanpura.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.