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 Patancheru branch in Sangareddy, Sangareddy, Telangana, 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 Sangareddy or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code MAHB0002592. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Patancheru, Sangareddy

Below in the table are the key details related to IFSC Code MAHB0002592 of Bank Of Maharashtra for its branch located in Sangareddy, within the district of Sangareddy in the state of Telangana.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002592
Branch Patancheru
City Sangareddy
District Sangareddy
State Telangana
Address R S Pride, N H Road, Opp Mutangi Church, Patancheru, District-Sangareddy, Telangana-502300

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Sangareddy for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002592 for the Patancheru 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 Patancheru, Sangareddy, Telangana, is provided with a unique IFSC like MAHB0002592 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Sangareddy.
  • 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 Sangareddy and Sangareddy.
  • 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Patancheru do not get mixed with another location.

Format of the IFSC Code MAHB0002592

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 Patancheru in Sangareddy.

For example, the IFSC Code MAHB0002592 of Bank Of Maharashtra for the Patancheru branch includes these elements, identifying the bank and the branch location in Sangareddy and Telangana correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002592 of Bank Of Maharashtra for its Patancheru branch located in Sangareddy, 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 Sangareddy and Sangareddy, 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 Patancheru or Sangareddy to get the exact IFSC Code MAHB0002592.

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 Sangareddy, you'll get the correct details.

How to Use IFSC Code MAHB0002592 for Online Transfers?

If you have the IFSC Code MAHB0002592 for the Patancheru branch of Bank Of Maharashtra in Sangareddy, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002592. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002592.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Patancheru in Sangareddy, it may result in delayed or failed transactions.

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 Patancheru, 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 Sangareddy to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Patancheru, Sangareddy?

The IFSC Code is MAHB0002592.

Is the IFSC Code MAHB0002592 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Patancheru branch?

The address of the branch is R S Pride, N H Road, Opp Mutangi Church, Patancheru, District-Sangareddy, Telangana-502300 located in Sangareddy, Sangareddy, Telangana.

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