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 Corporate Finance Branch South Extn. Delhi branch in South-East Delhi, Delhi, Delhi, 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 South-East Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code MAHB0002122. 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, Corporate Finance Branch South Extn. Delhi, South-East Delhi
Here are the main details that are associated with the IFSC Code MAHB0002122 of Bank Of Maharashtra for its branch located in South-East Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002122 |
| Branch | Corporate Finance Branch South Extn. Delhi |
| City | South-East Delhi |
| District | Delhi |
| State | Delhi |
| Address | A-13,South Extn.Part 1, Ring Road, Delhi |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in South-East Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002122 for the Corporate Finance Branch South Extn. Delhi 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002122 is given to every bank branch, including Bank Of Maharashtra located in Corporate Finance Branch South Extn. Delhi, South-East Delhi, Delhi, 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 South-East Delhi.
- 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 South-East Delhi and Delhi.
- 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 Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Corporate Finance Branch South Extn. Delhi doesn't end up at another location.
Format of the IFSC Code MAHB0002122
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 Corporate Finance Branch South Extn. Delhi in South-East Delhi.
For example, the IFSC Code MAHB0002122 of Bank Of Maharashtra for the Corporate Finance Branch South Extn. Delhi branch has these elements, identifying the bank and the branch location in South-East Delhi and Delhi correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002122 of Bank Of Maharashtra for its Corporate Finance Branch South Extn. Delhi branch located in South-East Delhi, 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-East Delhi and Delhi, 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 Corporate Finance Branch South Extn. Delhi or South-East Delhi to get the exact IFSC Code MAHB0002122.
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-East Delhi, you'll get the correct details.
How to Use IFSC Code MAHB0002122 for Online Transfers?
Once you have the IFSC Code MAHB0002122 for the Corporate Finance Branch South Extn. Delhi branch of Bank Of Maharashtra in South-East Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002122. 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 MAHB0002122.
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 Corporate Finance Branch South Extn. Delhi in South-East Delhi 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 Corporate Finance Branch South Extn. Delhi, 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-East Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Corporate Finance Branch South Extn. Delhi South-East Delhi branch is MAHB0002122.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at A-13,South Extn.Part 1, Ring Road, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.