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 Autonagar branch in Ntr, Vijayawada, Andhra 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 Ntr or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code MAHB0002226. 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, Autonagar, Ntr

Here are the key points that are associated with the IFSC Code MAHB0002226 of Bank Of Maharashtra for its branch located in Ntr, within the district of Vijayawada in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002226
Branch Autonagar
City Ntr
District Vijayawada
State Andhra Pradesh
Address Plot No.63 And 64, Block No.C-Xiii, D No.54-3-13Jawahar Autonagar, Vijayawada

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Ntr for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002226 for the Autonagar branch of Bank Of Maharashtra plays a vital 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, including Bank Of Maharashtra located in Autonagar, Ntr, Andhra Pradesh, is provided with a unique IFSC like MAHB0002226 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Ntr.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ntr and Vijayawada.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Autonagar do not get mixed with another location.

Format of the IFSC Code MAHB0002226

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): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Autonagar in Ntr.

For example, the IFSC Code MAHB0002226 of Bank Of Maharashtra for the Autonagar branch has these elements, identifying the bank and the branch location in Ntr and Andhra Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0002226 of Bank Of Maharashtra for its Autonagar branch located in Ntr, 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 Ntr and Vijayawada, 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 Autonagar or Ntr to find the exact IFSC Code MAHB0002226.

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 Ntr will provide accurate information.

How to Use IFSC Code MAHB0002226 for Online Transfers?

Once you have the IFSC Code MAHB0002226 for the Autonagar branch of Bank Of Maharashtra in Ntr, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002226. 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 MAHB0002226.

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 Autonagar in Ntr may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Autonagar, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Ntr manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Autonagar, Ntr?

The IFSC Code is MAHB0002226.

Is the IFSC Code MAHB0002226 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 Autonagar?

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 Autonagar branch?

The address of the branch is Plot No.63 And 64, Block No.C-Xiii, D No.54-3-13Jawahar Autonagar, Vijayawada located in Ntr, Vijayawada, Andhra Pradesh.

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.

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