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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Zirakpur branch in Sahibzada Ajit Singh Nagar, Zirakpur, or Punjab, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Sahibzada Ajit Singh Nagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code MAHB0001410. 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, Zirakpur, Sahibzada Ajit Singh Nagar

Below in the table are the key details related to IFSC Code MAHB0001410 of Bank Of Maharashtra for its branch located in Sahibzada Ajit Singh Nagar, within the district of Zirakpur in the state of Punjab.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001410
Branch Zirakpur
City Sahibzada Ajit Singh Nagar
District Zirakpur
State Punjab
Address A K S Colony, Zirakpur - Patiala Road, Zirkapur

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Sahibzada Ajit Singh Nagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001410 for the Zirakpur branch of Bank Of Maharashtra has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Zirakpur, Sahibzada Ajit Singh Nagar, Punjab, is provided a unique IFSC like MAHB0001410 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in Sahibzada Ajit Singh Nagar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Sahibzada Ajit Singh Nagar and Zirakpur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Zirakpur do not get misguided to another person.

Format of the IFSC Code MAHB0001410

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 Zirakpur in Sahibzada Ajit Singh Nagar.

For example, the IFSC Code MAHB0001410 of Bank Of Maharashtra for the Zirakpur branch has these elements, identifying the bank and the branch location in Sahibzada Ajit Singh Nagar and Punjab correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001410 of Bank Of Maharashtra for its Zirakpur branch located in Sahibzada Ajit Singh Nagar, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Sahibzada Ajit Singh Nagar and Zirakpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Zirakpur or Sahibzada Ajit Singh Nagar to find the exact IFSC Code MAHB0001410.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Sahibzada Ajit Singh Nagar will provide accurate information.

How to Use IFSC Code MAHB0001410 for Online Transfers?

Once you have the IFSC Code MAHB0001410 for the Zirakpur branch of Bank Of Maharashtra in Sahibzada Ajit Singh Nagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001410. 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 MAHB0001410.

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 Zirakpur in Sahibzada Ajit Singh Nagar, your payment can get delayed or might not go through at all.

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 Zirakpur, 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 Sahibzada Ajit Singh Nagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Zirakpur, Sahibzada Ajit Singh Nagar?

The IFSC Code is MAHB0001410.

Is the IFSC Code MAHB0001410 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Zirakpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Zirakpur branch?

The address of the branch is A K S Colony, Zirakpur - Patiala Road, Zirkapur located in Sahibzada Ajit Singh Nagar, Zirakpur, Punjab.

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.