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 Civil Hospital Sangli branch in Sangli, Sangli, Maharashtra, 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 Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001955. 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, Civil Hospital Sangli, Sangli
The table below shows the main details of the IFSC Code MAHB0001955 for the Bank Of Maharashtra branch in Sangli, which falls under the Sangli district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001955 |
| Branch | Civil Hospital Sangli |
| City | Sangli |
| District | Sangli |
| State | Maharashtra |
| Address | 456, Kalpvruksh Sankul, Civil Hospital Chowk, Sangli City, Dist. Sangli |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Sangli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001955 for the Civil Hospital Sangli 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Civil Hospital Sangli, Sangli, Maharashtra, are given a unique IFSC like MAHB0001955 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sangli.
- 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 Sangli and Sangli.
- 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 Civil Hospital Sangli goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code MAHB0001955
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 Civil Hospital Sangli in Sangli.
For example, the IFSC Code MAHB0001955 of Bank Of Maharashtra for the Civil Hospital Sangli branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0001955 of Bank Of Maharashtra for its Civil Hospital Sangli branch located in Sangli, 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 Sangli and Sangli, 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 Civil Hospital Sangli or Sangli to get the exact IFSC Code MAHB0001955.
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 Sangli that will provide accurate information.
How to Use IFSC Code MAHB0001955 for Online Transfers?
Once you have the IFSC Code MAHB0001955 for the Civil Hospital Sangli branch of Bank Of Maharashtra in Sangli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0001955. 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 MAHB0001955.
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 Civil Hospital Sangli in Sangli, 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 Civil Hospital Sangli, 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 Sangli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001955.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 456, Kalpvruksh Sankul, Civil Hospital Chowk, Sangli City, Dist. Sangli located in Sangli, Sangli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.