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 Old Goa branch in North Goa, Goa, or Goa, 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 North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code MAHB0002664. 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, Old Goa, North Goa
The table below shows the main details of the IFSC Code MAHB0002664 for the Bank Of Maharashtra branch in North Goa, which falls under the Goa district in Goa.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002664 |
| Branch | Old Goa |
| City | North Goa |
| District | Goa |
| State | Goa |
| Address | Shop No B282/16,17,18 & 19, West Coast Residency I, Kadamba Pathar, Goa-403402 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in North Goa for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002664 for the Old Goa 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Old Goa, North Goa, Goa, are allotted a unique IFSC like MAHB0002664 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 Goa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like North Goa and Goa.
- 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 Old Goa reaches the right place, even though there are thousands of branches in Goa and across India.
Format of the IFSC Code MAHB0002664
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 Old Goa in North Goa.
For example, the IFSC Code MAHB0002664 of Bank Of Maharashtra for the Old Goa branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002664 of Bank Of Maharashtra for its Old Goa branch located in North Goa, 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 North Goa and Goa, 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 Old Goa or North Goa to get the exact IFSC Code MAHB0002664.
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 North Goa that will provide accurate information.
How to Use IFSC Code MAHB0002664 for Online Transfers?
Once you have the IFSC Code MAHB0002664 for the Old Goa branch of Bank Of Maharashtra in North Goa, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002664. Transfers are processed in batches. This is suitable for 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 MAHB0002664.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Maharashtra Old Goa in North Goa may 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 Old Goa, 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 North Goa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002664.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No B282/16,17,18 & 19, West Coast Residency I, Kadamba Pathar, Goa-403402 located in North Goa, Goa, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.