IFSC Code of Bank Of Maharashtra, Kankavali, Kankavli, Maharashtra — MAHB0001397

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 Kankavali branch in Sindhudurg, Kankavli, Maharashtra, 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 Sindhudurg or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001397. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Kankavali, Sindhudurg

Below in the table are the key details related to IFSC Code MAHB0001397 of Bank Of Maharashtra for its branch located in Sindhudurg, within the district of Kankavli in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Sindhudurg for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001397 for the Kankavali 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, along with Bank Of Maharashtra located in Kankavali, Sindhudurg, Maharashtra, are given a unique IFSC like MAHB0001397 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Sindhudurg.
• 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 Sindhudurg and Kankavli.
• 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 Kankavali 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 MAHB0001397

The format of the IFSC Code for banks, including Bank Of Maharashtra, has 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 Kankavali in Sindhudurg.

For example, the IFSC Code MAHB0001397 of Bank Of Maharashtra for the Kankavali branch includes these elements, identifying the bank and the branch location in Sindhudurg and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0001397 of Bank Of Maharashtra for its Kankavali branch located in Sindhudurg, 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 Sindhudurg and Kankavli, 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 Kankavali or Sindhudurg to get the exact IFSC Code MAHB0001397.

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 Sindhudurg, then it will provide you proper information.

How to Use IFSC Code MAHB0001397 for Online Transfers?

If you have the IFSC Code MAHB0001397 for the Kankavali branch of Bank Of Maharashtra in Sindhudurg, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001397. 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 MAHB0001397.

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 Kankavali in Sindhudurg, it may result in delayed or failed transactions.

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 Kankavali, 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 Sindhudurg manage online transfers as well as cheque clearances with ease.