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IFSC Code of Bank Of Maharashtra, Palwal, Faridabad, Haryana — MAHB0001339

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 Palwal branch in Palwal, Faridabad, or Haryana, 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 Palwal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code MAHB0001339. 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, Palwal, Palwal

Here are the main details that are associated with the IFSC Code MAHB0001339 of Bank Of Maharashtra for its branch located in Palwal, within the district of Faridabad in the state of Haryana.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001339
Branch Palwal
City Palwal
District Faridabad
State Haryana
Address Om Bhatt Co., Opp. Old Truck Union, Palwal Railway Road

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Palwal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001339 for the Palwal 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 Palwal, Palwal, Haryana, is provided with a unique IFSC like MAHB0001339 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Palwal.
  • 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 Palwal and Faridabad.
  • 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Palwal do not get mixed with another location.

Format of the IFSC Code MAHB0001339

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 Palwal in Palwal.

For example, the IFSC Code MAHB0001339 of Bank Of Maharashtra for the Palwal branch includes these elements, identifying the bank and the branch location in Palwal and Haryana accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001339 of Bank Of Maharashtra for its Palwal branch located in Palwal, 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 Palwal and Faridabad, 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 Palwal or Palwal to get the exact IFSC Code MAHB0001339.

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 Palwal, you'll get the correct details.

How to Use IFSC Code MAHB0001339 for Online Transfers?

Once you have the IFSC Code MAHB0001339 for the Palwal branch of Bank Of Maharashtra in Palwal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001339. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHB0001339.

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

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 Palwal, 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 Palwal manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is MAHB0001339.

Is the IFSC Code MAHB0001339 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Palwal branch?

The address of the branch is Om Bhatt Co., Opp. Old Truck Union, Palwal Railway Road located in Palwal, Faridabad, Haryana.

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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