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 Sawai Madhopur branch in Sawai Madhopur, Sawai Madhopur, Rajasthan, 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 Sawai Madhopur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code MAHB0002648. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Maharashtra, Sawai Madhopur, Sawai Madhopur
The table below shows the main details of the IFSC Code MAHB0002648 for the Bank Of Maharashtra branch in Sawai Madhopur, which falls under the Sawai Madhopur district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002648 |
| Branch | Sawai Madhopur |
| City | Sawai Madhopur |
| District | Sawai Madhopur |
| State | Rajasthan |
| Address | Plot No 11,12,13, Kh No-1592, Alanpur, Ranthambhore Circle, Sawai Madhopur, Dist-Sawai Madhopur, Rajasthan-322001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Sawai Madhopur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002648 for the Sawai Madhopur 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 Sawai Madhopur, Sawai Madhopur, Rajasthan, are allotted a unique IFSC like MAHB0002648 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sawai Madhopur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sawai Madhopur and Sawai Madhopur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Maharashtra in Sawai Madhopur reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code MAHB0002648
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 Sawai Madhopur in Sawai Madhopur.
For example, the IFSC Code MAHB0002648 of Bank Of Maharashtra for the Sawai Madhopur branch includes these elements, identifying the bank and the branch location in Sawai Madhopur and Rajasthan accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are looking for the IFSC Code MAHB0002648 of Bank Of Maharashtra for its Sawai Madhopur branch located in Sawai Madhopur, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Maharashtra branches in Sawai Madhopur and Sawai Madhopur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Sawai Madhopur or Sawai Madhopur to get the exact IFSC Code MAHB0002648.
Mobile Banking App
If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Sawai Madhopur, then it will provide you proper information.
How to Use IFSC Code MAHB0002648 for Online Transfers?
Once you have the IFSC Code MAHB0002648 for the Sawai Madhopur branch of Bank Of Maharashtra in Sawai Madhopur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002648. 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 MAHB0002648.
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 Sawai Madhopur in Sawai Madhopur, 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 Sawai Madhopur, 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 Sawai Madhopur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002648.
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 Plot No 11,12,13, Kh No-1592, Alanpur, Ranthambhore Circle, Sawai Madhopur, Dist-Sawai Madhopur, Rajasthan-322001 located in Sawai Madhopur, Sawai Madhopur, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.