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 Parabda branch in Sabar Kantha, Himatnagar, Gujarat, 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 Sabar Kantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code MAHB0001605. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Parabda, Sabar Kantha

Below in the table are the key details related to IFSC Code MAHB0001605 of Bank Of Maharashtra for its branch located in Sabar Kantha, within the district of Himatnagar in the state of Gujarat.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001605
Branch Parabda
City Sabar Kantha
District Himatnagar
State Gujarat
Address Ground Floor, Opp New Masjid, Mehtabpur- Bhol Parabdaparabda

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Sabar Kantha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001605 for the Parabda branch of Bank Of Maharashtra has a very 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 Parabda, Sabar Kantha, Gujarat, are given a unique IFSC like MAHB0001605 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sabar Kantha.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Sabar Kantha and Himatnagar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of Maharashtra in Parabda goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0001605

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 Parabda in Sabar Kantha.

For example, the IFSC Code MAHB0001605 of Bank Of Maharashtra for the Parabda branch includes these elements, identifying the bank and the branch location in Sabar Kantha and Gujarat correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001605 of Bank Of Maharashtra for its Parabda branch located in Sabar Kantha, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Sabar Kantha and Himatnagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Parabda or Sabar Kantha to get the exact IFSC Code MAHB0001605.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of Maharashtra and Sabar Kantha that will provide accurate information.

How to Use IFSC Code MAHB0001605 for Online Transfers?

Once you have the IFSC Code MAHB0001605 for the Parabda branch of Bank Of Maharashtra in Sabar Kantha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001605. 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 MAHB0001605.

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 Parabda in Sabar Kantha, 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 Parabda, 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 Sabar Kantha to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Parabda Sabar Kantha?

The IFSC Code of the Parabda Sabar Kantha branch is MAHB0001605.

Is IFSC Code MAHB0001605 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Parabda branch?

The branch is located at Ground Floor, Opp New Masjid, Mehtabpur- Bhol Parabdaparabda.

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.

Nearby BANK OF MAHARASHTRA Branches

Back to Top