IFSC Code of Bank Of Maharashtra, Raebareli, Rae Bareli, Uttar Pradesh- MAHB0001729

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 Raebareli branch in Rai Bareli, Rae Bareli, Uttar 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 Rai Bareli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0001729. 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, Raebareli, Rai Bareli

Here are some of the key details that come with the IFSC Code MAHB0001729 of Bank Of Maharashtra for its branch located in Rai Bareli, within the district of Rae Bareli in the state of Uttar Pradesh.

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Rai Bareli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001729 for the Raebareli 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 Raebareli, Rai Bareli, Uttar Pradesh, is provided with a unique IFSC like MAHB0001729 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Bank Of Maharashtra branch in Rai Bareli.
• 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 Rai Bareli and Rae Bareli.
• 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Raebareli do not get mixed with another location.

Format of the IFSC Code MAHB0001729

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 Raebareli in Rai Bareli.

For example, the IFSC Code MAHB0001729 of Bank Of Maharashtra for the Raebareli branch includes these elements, identifying the bank and the branch location in Rai Bareli and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001729 of Bank Of Maharashtra for its Raebareli branch located in Rai Bareli, 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 Rai Bareli and Rae Bareli, 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 Raebareli or Rai Bareli to get the exact IFSC Code MAHB0001729.

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 Rai Bareli, you'll get the correct details.

How to Use IFSC Code MAHB0001729 for Online Transfers?

Once you have the IFSC Code MAHB0001729 for the Raebareli branch of Bank Of Maharashtra in Rai Bareli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001729. 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 MAHB0001729.

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 Raebareli in Rai Bareli, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Raebareli, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Rai Bareli to handle online money transfers and get their cheques cleared smoothly.