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 Pipariya branch in Narmadapuram, Narmadapuram, Madhya Pradesh, 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 Narmadapuram or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code MAHB0002634. 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, Pipariya, Narmadapuram

Here are some of the key details that come with the IFSC Code MAHB0002634 of Bank Of Maharashtra for its branch located in Narmadapuram, within the district of Narmadapuram in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002634
Branch Pipariya
City Narmadapuram
District Narmadapuram
State Madhya Pradesh
Address Ploy No 3/1, Kh No 255/2, Padamshree Tiraha, Panchmari Road, Pipariya, Narmadapuram-461775

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Narmadapuram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002634 for the Pipariya branch of Bank Of Maharashtra has 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 MAHB0002634 is given to every bank branch, including Bank Of Maharashtra located in Pipariya, Narmadapuram, Madhya Pradesh, 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 Narmadapuram.
  • 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 Narmadapuram and Narmadapuram.
  • 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Pipariya doesn't end up at another location.

Format of the IFSC Code MAHB0002634

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 Pipariya in Narmadapuram.

For example, the IFSC Code MAHB0002634 of Bank Of Maharashtra for the Pipariya branch includes these elements, identifying the bank and the branch location in Narmadapuram and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0002634 of Bank Of Maharashtra for its Pipariya branch located in Narmadapuram, 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 Narmadapuram and Narmadapuram, 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 Pipariya or Narmadapuram to find the exact IFSC Code MAHB0002634.

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 Narmadapuram will provide accurate information.

How to Use IFSC Code MAHB0002634 for Online Transfers?

Once you have the IFSC Code MAHB0002634 for the Pipariya branch of Bank Of Maharashtra in Narmadapuram, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002634. 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 MAHB0002634.

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 Pipariya in Narmadapuram, 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 Pipariya, 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 Narmadapuram to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Pipariya Narmadapuram?

The IFSC Code of the Pipariya Narmadapuram branch is MAHB0002634.

Is IFSC Code MAHB0002634 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Pipariya branch?

The branch is located at Ploy No 3/1, Kh No 255/2, Padamshree Tiraha, Panchmari Road, Pipariya, Narmadapuram-461775.

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.