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 Sitamarhi branch in Sitamarhi, Sitamarhi, Bihar, 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 Sitamarhi or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code MAHB0001967. 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, Sitamarhi, Sitamarhi

Here are the main details that are associated with the IFSC Code MAHB0001967 of Bank Of Maharashtra for its branch located in Sitamarhi, within the district of Sitamarhi in the state of Bihar.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001967
Branch Sitamarhi
City Sitamarhi
District Sitamarhi
State Bihar
Address Shanti Nagarin Front Of Iti, Dumra Road

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Sitamarhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001967 for the Sitamarhi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Sitamarhi, Sitamarhi, Bihar, is provided a unique IFSC like MAHB0001967 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in Sitamarhi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Sitamarhi and Sitamarhi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Sitamarhi do not get misguided to another person.

Format of the IFSC Code MAHB0001967

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 Sitamarhi in Sitamarhi.

For example, the IFSC Code MAHB0001967 of Bank Of Maharashtra for the Sitamarhi branch has these elements, identifying the bank and the branch location in Sitamarhi and Bihar correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001967 of Bank Of Maharashtra for its Sitamarhi branch located in Sitamarhi, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Sitamarhi and Sitamarhi, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and navigate to the branch locator section. Search for Sitamarhi or Sitamarhi to get the exact IFSC Code MAHB0001967.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Maharashtra and Sitamarhi, you'll get the correct details.

How to Use IFSC Code MAHB0001967 for Online Transfers?

Once you have the IFSC Code MAHB0001967 for the Sitamarhi branch of Bank Of Maharashtra in Sitamarhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001967. 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 MAHB0001967.

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 Sitamarhi in Sitamarhi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Sitamarhi, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Sitamarhi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Sitamarhi Sitamarhi?

The IFSC Code of the Sitamarhi Sitamarhi branch is MAHB0001967.

Is IFSC Code MAHB0001967 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Sitamarhi branch?

The branch is located at Shanti Nagarin Front Of Iti, Dumra Road.

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.