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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Maharashtra for its Parvathipuram branch in Parvathipurm Manyam, Parvathipurm Manyam, Andhra Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of Maharashtra located in Parvathipurm Manyam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002405. 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, Parvathipuram, Parvathipurm Manyam
Below in the table are the key details related to IFSC Code MAHB0002405 of Bank Of Maharashtra for its branch located in Parvathipurm Manyam, within the district of Parvathipurm Manyam in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002405 |
| Branch | Parvathipuram |
| City | Parvathipurm Manyam |
| District | Parvathipurm Manyam |
| State | Andhra Pradesh |
| Address | House No-207, Main Road, Belgam Parvathipuram, Parvathipuram Manyam-535501 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Parvathipurm Manyam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002405 for the Parvathipuram branch of Bank Of Maharashtra is vital.
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 Parvathipuram, Parvathipurm Manyam, Andhra Pradesh, is provided with a unique IFSC like MAHB0002405 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in Parvathipurm Manyam.
- 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 Parvathipurm Manyam and Parvathipurm Manyam.
- 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 Parvathipuram do not get mixed with another location.
Format of the IFSC Code MAHB0002405
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 Parvathipuram in Parvathipurm Manyam.
For example, the IFSC Code MAHB0002405 of Bank Of Maharashtra for the Parvathipuram branch has these elements, identifying the bank and the branch location in Parvathipurm Manyam and Andhra Pradesh correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002405 of Bank Of Maharashtra for its Parvathipuram branch located in Parvathipurm Manyam, 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 Parvathipurm Manyam and Parvathipurm Manyam, 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 Parvathipuram or Parvathipurm Manyam to get the exact IFSC Code MAHB0002405.
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 Parvathipurm Manyam, you'll get the correct details.
How to Use IFSC Code MAHB0002405 for Online Transfers?
If you have the IFSC Code MAHB0002405 for the Parvathipuram branch of Bank Of Maharashtra in Parvathipurm Manyam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002405. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002405.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Parvathipuram in Parvathipurm Manyam, it 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 Parvathipuram, 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 Parvathipurm Manyam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002405.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is House No-207, Main Road, Belgam Parvathipuram, Parvathipuram Manyam-535501 located in Parvathipurm Manyam, Parvathipurm Manyam, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.