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 Chhapra branch in Saran, Chapra, or Bihar, 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 Saran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code MAHB0001613. 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, Chhapra, Saran
Below in the table are the key details related to IFSC Code MAHB0001613 of Bank Of Maharashtra for its branch located in Saran, within the district of Chapra in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001613 |
| Branch | Chhapra |
| City | Saran |
| District | Chapra |
| State | Bihar |
| Address | First Floor, Gandhi Chowk Chapra, Chapra-Patna Main |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Saran for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001613 for the Chhapra branch of Bank Of Maharashtra is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001613 is given to every bank branch, including Bank Of Maharashtra located in Chhapra, Saran, Bihar, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in Saran.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Saran and Chapra.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Chhapra doesn't end up at another location.
Format of the IFSC Code MAHB0001613
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): 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 Chhapra in Saran.
For example, the IFSC Code MAHB0001613 of Bank Of Maharashtra for the Chhapra branch includes these elements, identifying the bank and the branch location in Saran and Bihar accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0001613 of Bank Of Maharashtra for its Chhapra branch located in Saran, 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 Saran and Chapra, 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 Chhapra or Saran to find the exact IFSC Code MAHB0001613.
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 Saran will provide accurate information.
How to Use IFSC Code MAHB0001613 for Online Transfers?
Once you have the IFSC Code MAHB0001613 for the Chhapra branch of Bank Of Maharashtra in Saran, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0001613. 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 MAHB0001613.
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 Chhapra in Saran, 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 Chhapra, 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 Saran manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0001613.
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 First Floor, Gandhi Chowk Chapra, Chapra-Patna Main located in Saran, Chapra, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
