The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Maharashtra for its Alandi branch in Pune, Alandi, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of Maharashtra located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000104. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Maharashtra, Alandi, Pune
The table below shows the main details of the IFSC Code MAHB0000104 for the Bank Of Maharashtra branch in Pune, which falls under the Alandi district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0000104 |
| Branch | Alandi |
| City | Pune |
| District | Alandi |
| State | Maharashtra |
| Address | Jain S.S.Sangh Trust Bldg, Alandi, Teh.Khed 412105 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000104 for the Alandi 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0000104 is given to every bank branch, including Bank Of Maharashtra located in Alandi, Pune, 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 Pune.
- 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 Pune and Alandi.
- 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 Alandi doesn't end up at another location.
Format of the IFSC Code MAHB0000104
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 Alandi in Pune.
For example, the IFSC Code MAHB0000104 of Bank Of Maharashtra for the Alandi branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0000104 of Bank Of Maharashtra for its Alandi branch located in Pune, 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 Pune and Alandi, 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 Alandi or Pune to get the exact IFSC Code MAHB0000104.
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 Pune, you'll get the correct details.
How to Use IFSC Code MAHB0000104 for Online Transfers?
Once you have the IFSC Code MAHB0000104 for the Alandi branch of Bank Of Maharashtra in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0000104. 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 MAHB0000104.
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 Alandi in Pune 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 Alandi, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0000104.
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 Jain S.S.Sangh Trust Bldg, Alandi, Teh.Khed 412105 located in Pune, Alandi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
