For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Ramanagara branch in Ramanagara, Ramanagara, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Ramanagara or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code MAHB0002246. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Maharashtra, Ramanagara, Ramanagara
Here are the main details that are associated with the IFSC Code MAHB0002246 of Bank Of Maharashtra for its branch located in Ramanagara, within the district of Ramanagara in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002246 |
| Branch | Ramanagara |
| City | Ramanagara |
| District | Ramanagara |
| State | Karnataka |
| Address | Prakash Chandra Complex, Ground Floor, Kh No 116/365, Archakara Halli, Bengaluru Mysuru Road, Ramanagara Town, Karnataka 562159 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Ramanagara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002246 for the Ramanagara 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Ramanagara, Ramanagara, Karnataka, are allotted a unique IFSC like MAHB0002246 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ramanagara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ramanagara and Ramanagara.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Maharashtra in Ramanagara reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code MAHB0002246
The format of the IFSC Code for banks, including Bank Of Maharashtra, has 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 Ramanagara in Ramanagara.
For example, the IFSC Code MAHB0002246 of Bank Of Maharashtra for the Ramanagara branch includes these elements, identifying the bank and the branch location in Ramanagara and Karnataka correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are looking for the IFSC Code MAHB0002246 of Bank Of Maharashtra for its Ramanagara branch located in Ramanagara, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Maharashtra branches in Ramanagara and Ramanagara, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Ramanagara or Ramanagara to get the exact IFSC Code MAHB0002246.
Mobile Banking App
If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Ramanagara, then it will provide you proper information.
How to Use IFSC Code MAHB0002246 for Online Transfers?
Once you have the IFSC Code MAHB0002246 for the Ramanagara branch of Bank Of Maharashtra in Ramanagara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002246. 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 MAHB0002246.
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 Ramanagara in Ramanagara, 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 Ramanagara, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Ramanagara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002246.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Prakash Chandra Complex, Ground Floor, Kh No 116/365, Archakara Halli, Bengaluru Mysuru Road, Ramanagara Town, Karnataka 562159 located in Ramanagara, Ramanagara, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.