For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Mid Corporate Branch Delhi branch in South East Delhi, South East Delhi, Delhi, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in South East Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code MAHB0002450. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Maharashtra, Mid Corporate Branch Delhi, South East Delhi
The table below shows the main details of the IFSC Code MAHB0002450 for the Bank Of Maharashtra branch in South East Delhi, which falls under the South East Delhi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002450 |
| Branch | Mid Corporate Branch Delhi |
| City | South East Delhi |
| District | South East Delhi |
| State | Delhi |
| Address | Shop No 4, Guru Amar Das Bhawan, Nehru Place, New Delhi-110019 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in South East Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002450 for the Mid Corporate Branch Delhi 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Mid Corporate Branch Delhi, South East Delhi, Delhi, are allotted a unique IFSC like MAHB0002450 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 East Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like South East Delhi and South East Delhi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Maharashtra in Mid Corporate Branch Delhi reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code MAHB0002450
The format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mid Corporate Branch Delhi in South East Delhi.
For example, the IFSC Code MAHB0002450 of Bank Of Maharashtra for the Mid Corporate Branch Delhi branch includes these elements, identifying the bank and the branch location in South East Delhi and Delhi accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002450 of Bank Of Maharashtra for its Mid Corporate Branch 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 South East 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 Mid Corporate Branch Delhi or South East Delhi to get the exact IFSC Code MAHB0002450.
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 MAHB0002450 for Online Transfers?
Once you have the IFSC Code MAHB0002450 for the Mid Corporate Branch Delhi branch of Bank Of Maharashtra in South East Delhi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002450. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002450.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra Mid Corporate Branch Delhi in South East Delhi, it can 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 Mid Corporate Branch Delhi, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in South East Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002450.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No 4, Guru Amar Das Bhawan, Nehru Place, New Delhi-110019 located in South East Delhi, South East Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.