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 Azadpur branch in North Delhi, North Delhi, Delhi, 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 North Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code MAHB0002474. 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, Azadpur, North Delhi

Here are the key points that are associated with the IFSC Code MAHB0002474 of Bank Of Maharashtra for its branch located in North Delhi, within the district of North Delhi in the state of Delhi.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002474
Branch Azadpur
City North Delhi
District North Delhi
State Delhi
Address B-60 And B-104, Gt Kamal Road, Ramgarh Badli, Azadpur, New Delhi-110033

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in North Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002474 for the Azadpur branch of Bank Of Maharashtra has a very important role.

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 Azadpur, North Delhi, Delhi, are given a unique IFSC like MAHB0002474 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in North Delhi.
  • 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 North Delhi and North Delhi.
  • 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 Azadpur goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0002474

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Azadpur in North Delhi.

For example, the IFSC Code MAHB0002474 of Bank Of Maharashtra for the Azadpur branch includes these elements, identifying the bank and the branch location in North Delhi and Delhi accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002474 of Bank Of Maharashtra for its Azadpur branch located in North Delhi, 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

Most banks, including Bank Of Maharashtra branches in North Delhi and North Delhi, print the IFSC and MICR codes 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 Azadpur or North Delhi to get the exact IFSC Code MAHB0002474.

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 North Delhi, you'll get the correct details.

How to Use IFSC Code MAHB0002474 for Online Transfers?

Once you have the IFSC Code MAHB0002474 for the Azadpur branch of Bank Of Maharashtra in North Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002474. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹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 MAHB0002474.

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 Azadpur in North Delhi, 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 Azadpur, 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 North Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Azadpur, North Delhi?

The IFSC Code is MAHB0002474.

Is the IFSC Code MAHB0002474 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Azadpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Azadpur branch?

The address of the branch is B-60 And B-104, Gt Kamal Road, Ramgarh Badli, Azadpur, New Delhi-110033 located in North Delhi, North Delhi, Delhi.

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.