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IFSC Code of Bank Of Maharashtra, Osmanabad Anandnagar, Osmanabad, Maharashtra — MAHB0001164

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 Osmanabad Anandnagar branch in Osmanabad, Osmanabad, Maharashtra, 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 Osmanabad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHB0001164. 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, Osmanabad Anandnagar, Osmanabad

Below in the table are the key details related to IFSC Code MAHB0001164 of Bank Of Maharashtra for its branch located in Osmanabad, within the district of Osmanabad in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001164
Branch Osmanabad Anandnagar
City Osmanabad
District Osmanabad
State Maharashtra
Address Shendage Complex . Main Road Opp. Yamaha Showroomcts No. 9205 Bhanunagar

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Osmanabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001164 for the Osmanabad Anandnagar 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001164 is given to every bank branch, including Bank Of Maharashtra located in Osmanabad Anandnagar, Osmanabad, Maharashtra, 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 Osmanabad.
  • 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 Osmanabad and Osmanabad.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Osmanabad Anandnagar doesn't end up at another location.

Format of the IFSC Code MAHB0001164

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 Osmanabad Anandnagar in Osmanabad.

For example, the IFSC Code MAHB0001164 of Bank Of Maharashtra for the Osmanabad Anandnagar branch includes these elements, identifying the bank and the branch location in Osmanabad and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001164 of Bank Of Maharashtra for its Osmanabad Anandnagar branch located in Osmanabad, 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 Osmanabad and Osmanabad, 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 Osmanabad Anandnagar or Osmanabad to get the exact IFSC Code MAHB0001164.

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 Osmanabad, you'll get the correct details.

How to Use IFSC Code MAHB0001164 for Online Transfers?

Once you have the IFSC Code MAHB0001164 for the Osmanabad Anandnagar branch of Bank Of Maharashtra in Osmanabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001164. 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 MAHB0001164.

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 Osmanabad Anandnagar in Osmanabad, your payment can get delayed or might not go through at all.

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 Osmanabad Anandnagar, 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 Osmanabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Osmanabad Anandnagar Osmanabad?

The IFSC Code of the Osmanabad Anandnagar Osmanabad branch is MAHB0001164.

Is IFSC Code MAHB0001164 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 Osmanabad Anandnagar branch?

The branch is located at Shendage Complex . Main Road Opp. Yamaha Showroomcts No. 9205 Bhanunagar.

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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