IFSC Code of Bank Of Maharashtra, Model Town Sonipat, Sonipat, Haryana- MAHB0002341

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 Model Town Sonipat branch in Sonipat, Sonipat, or Haryana, 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 Sonipat or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code MAHB0002341. 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, Model Town Sonipat, Sonipat

The table below shows the main details of the IFSC Code MAHB0002341 for the Bank Of Maharashtra branch in Sonipat, which falls under the Sonipat district in Haryana.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Sonipat for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002341 for the Model Town Sonipat 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002341 is given to every bank branch, including Bank Of Maharashtra located in Model Town Sonipat, Sonipat, Haryana, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Bank Of Maharashtra branch in Sonipat.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Sonipat and Sonipat.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Model Town Sonipat doesn't end up at another location.

Format of the IFSC Code MAHB0002341

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 Model Town Sonipat in Sonipat.

For example, the IFSC Code MAHB0002341 of Bank Of Maharashtra for the Model Town Sonipat branch includes these elements, identifying the bank and the branch location in Sonipat and Haryana accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002341 of Bank Of Maharashtra for its Model Town Sonipat branch located in Sonipat, 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 Sonipat and Sonipat, 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 Model Town Sonipat or Sonipat to get the exact IFSC Code MAHB0002341.

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 Sonipat that will provide accurate information.

How to Use IFSC Code MAHB0002341 for Online Transfers?

Once you have the IFSC Code MAHB0002341 for the Model Town Sonipat branch of Bank Of Maharashtra in Sonipat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002341. 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 MAHB0002341.

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 Model Town Sonipat in Sonipat, your payment can get delayed or might not go through at all.

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 Model Town Sonipat, 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 Sonipat manage online transfers as well as cheque clearances with ease.