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 Bhinga branch in Shrawasti, Shrawasti, Uttar Pradesh, 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 Shrawasti or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002499. 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, Bhinga, Shrawasti

The table below shows the main details of the IFSC Code MAHB0002499 for the Bank Of Maharashtra branch in Shrawasti, which falls under the Shrawasti district in Uttar Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002499
Branch Bhinga
City Shrawasti
District Shrawasti
State Uttar Pradesh
Address Sirsiya Road, Bhinga, Shrawasti, Dist-Shrawasti, Uttar Pradesh-271831

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Shrawasti for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002499 for the Bhinga 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Bhinga, Shrawasti, Uttar Pradesh, are given a unique IFSC like MAHB0002499 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Shrawasti.
  • 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 Shrawasti and Shrawasti.
  • 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 Bhinga goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0002499

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 Bhinga in Shrawasti.

For example, the IFSC Code MAHB0002499 of Bank Of Maharashtra for the Bhinga branch includes these elements, identifying the bank and the branch location in Shrawasti and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0002499 of Bank Of Maharashtra for its Bhinga branch located in Shrawasti, 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 Shrawasti and Shrawasti, 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 Bhinga or Shrawasti to find the exact IFSC Code MAHB0002499.

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 Shrawasti will provide accurate information.

How to Use IFSC Code MAHB0002499 for Online Transfers?

If you have the IFSC Code MAHB0002499 for the Bhinga branch of Bank Of Maharashtra in Shrawasti, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002499. 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 MAHB0002499.

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 Bhinga in Shrawasti, 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 Bhinga, 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 Shrawasti 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 Bhinga, Shrawasti?

The IFSC Code is MAHB0002499.

Is the IFSC Code MAHB0002499 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhinga branch?

The address of the branch is Sirsiya Road, Bhinga, Shrawasti, Dist-Shrawasti, Uttar Pradesh-271831 located in Shrawasti, Shrawasti, Uttar Pradesh.

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.