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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Mangalvedha branch in Solapur, Mangalwedha, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Solapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001914. 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, Mangalvedha, Solapur

Here are the key points that are associated with the IFSC Code MAHB0001914 of Bank Of Maharashtra for its branch located in Solapur, within the district of Mangalwedha in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001914
Branch Mangalvedha
City Solapur
District Mangalwedha
State Maharashtra
Address Krishiraj Building, C.S.No. 115/B, Near Borale, Mangalwedha

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Solapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001914 for the Mangalvedha branch of Bank Of Maharashtra has a very 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, including Bank Of Maharashtra located in Mangalvedha, Solapur, Maharashtra, is provided with a unique IFSC like MAHB0001914 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0001914

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 Mangalvedha in Solapur.

For example, the IFSC Code MAHB0001914 of Bank Of Maharashtra for the Mangalvedha branch includes these elements, identifying the bank and the branch location in Solapur and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001914 of Bank Of Maharashtra for its Mangalvedha branch located in Solapur, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Mangalvedha or Solapur to get the exact IFSC Code MAHB0001914.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily 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 to help you in searching for Bank Of Maharashtra and Solapur that will provide accurate information.

How to Use IFSC Code MAHB0001914 for Online Transfers?

Once you have the IFSC Code MAHB0001914 for the Mangalvedha branch of Bank Of Maharashtra in Solapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001914. 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 MAHB0001914.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Mangalvedha, Solapur?

The IFSC Code is MAHB0001914.

Is the IFSC Code MAHB0001914 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 Mangalvedha?

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 Mangalvedha branch?

The address of the branch is Krishiraj Building, C.S.No. 115/B, Near Borale, Mangalwedha located in Solapur, Mangalwedha, Maharashtra.

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.