IFSC Code of Bank Of Maharashtra, Port Blair, Andaman, Andaman And Nicobar Island — MAHB0001994

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 Port Blair branch in South Andaman, Andaman, Andaman And Nicobar Island, 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 South Andaman or anywhere in Andaman And Nicobar Island can transfer funds instantly by using the correct IFSC Code MAHB0001994. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Port Blair, South Andaman

Here are the key points that are associated with the IFSC Code MAHB0001994 of Bank Of Maharashtra for its branch located in South Andaman, within the district of Andaman in the state of Andaman And Nicobar Island.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in South Andaman for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001994 for the Port Blair branch of Bank Of Maharashtra has an 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, along with Bank Of Maharashtra located in Port Blair, South Andaman, Andaman And Nicobar Island, are given a unique IFSC like MAHB0001994 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in South Andaman.
• 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 South Andaman and Andaman.
• 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 Port Blair goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Andaman And Nicobar Island and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0001994

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 Port Blair in South Andaman.

For example, the IFSC Code MAHB0001994 of Bank Of Maharashtra for the Port Blair branch has these elements, identifying the bank and the branch location in South Andaman and Andaman And Nicobar Island correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001994 of Bank Of Maharashtra for its Port Blair branch located in South Andaman, 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 South Andaman and Andaman, 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 Port Blair or South Andaman to get the exact IFSC Code MAHB0001994.

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 South Andaman, you'll get the correct details.

How to Use IFSC Code MAHB0001994 for Online Transfers?

Once you have the IFSC Code MAHB0001994 for the Port Blair branch of Bank Of Maharashtra in South Andaman, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001994. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0001994.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Maharashtra Port Blair in South Andaman 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 Port Blair, 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 South Andaman manage online transfers as well as cheque clearances with ease.