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 Rohini Sector-24 branch in North-West Delhi, 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-West Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code MAHB0001342. 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, Rohini Sector-24, North-West Delhi
The table below shows the main details of the IFSC Code MAHB0001342 for the Bank Of Maharashtra branch in North-West Delhi, which falls under the Delhi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001342 |
| Branch | Rohini Sector-24 |
| City | North-West Delhi |
| District | Delhi |
| State | Delhi |
| Address | First Floor, Best Mega Mall, Rohini, New Delhics/Ocf No.7, Sector-24, Rohini, |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in North-West Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001342 for the Rohini Sector-24 branch of Bank Of Maharashtra plays 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 Rohini Sector-24, North-West Delhi, Delhi, are given a unique IFSC like MAHB0001342 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-West 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-West Delhi and 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 Rohini Sector-24 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 MAHB0001342
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 Rohini Sector-24 in North-West Delhi.
For example, the IFSC Code MAHB0001342 of Bank Of Maharashtra for the Rohini Sector-24 branch includes these elements, identifying the bank and the branch location in North-West Delhi and Delhi accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0001342 of Bank Of Maharashtra for its Rohini Sector-24 branch located in North-West 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of Maharashtra branches in North-West Delhi and Delhi, print them 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 Rohini Sector-24 or North-West Delhi to get the exact IFSC Code MAHB0001342.
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-West Delhi, you'll get the correct details.
How to Use IFSC Code MAHB0001342 for Online Transfers?
Once you have the IFSC Code MAHB0001342 for the Rohini Sector-24 branch of Bank Of Maharashtra in North-West Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001342. 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 MAHB0001342.
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 Rohini Sector-24 in North-West Delhi may result in delayed or failed transactions.
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 Rohini Sector-24, 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 North-West Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001342.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is First Floor, Best Mega Mall, Rohini, New Delhics/Ocf No.7, Sector-24, Rohini, located in North-West Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.