IFSC Code of Bank Of Maharashtra, Shivpuri, Shivpuri, Madhya Pradesh — MAHB0001939

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Shivpuri branch in Shivpuri, Shivpuri, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Shivpuri or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code MAHB0001939. You should 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, Shivpuri, Shivpuri

Below in the table are the key details related to IFSC Code MAHB0001939 of Bank Of Maharashtra for its branch located in Shivpuri, within the district of Shivpuri in the state of Madhya Pradesh.

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Shivpuri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001939 for the Shivpuri 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 Shivpuri, Shivpuri, Madhya Pradesh, is provided with a unique IFSC like MAHB0001939 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0001939

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 Shivpuri in Shivpuri.

For example, the IFSC Code MAHB0001939 of Bank Of Maharashtra for the Shivpuri branch has these elements, identifying the bank and the branch location in Shivpuri and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001939 of Bank Of Maharashtra for its Shivpuri branch located in Shivpuri, 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 Shivpuri and Shivpuri, 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 Shivpuri or Shivpuri to find the exact IFSC Code MAHB0001939.

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 Shivpuri will provide accurate information.

How to Use IFSC Code MAHB0001939 for Online Transfers?

Once you have the IFSC Code MAHB0001939 for the Shivpuri branch of Bank Of Maharashtra in Shivpuri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001939. 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 MAHB0001939.

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 Shivpuri in Shivpuri, 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 Shivpuri, 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 Shivpuri manage online transfers as well as cheque clearances with ease.