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 Najafgarh branch in South-West Delhi, Delhi, Delhi, 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-West Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code MAHB0001414. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Maharashtra, Najafgarh, South-West Delhi
Below in the table are the key details related to IFSC Code MAHB0001414 of Bank Of Maharashtra for its branch located in South-West Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001414 |
| Branch | Najafgarh |
| City | South-West Delhi |
| District | Delhi |
| State | Delhi |
| Address | 1644/C-1 Thana Road |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in South-West Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001414 for the Najafgarh branch of Bank Of Maharashtra plays 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, including Bank Of Maharashtra located in Najafgarh, South-West Delhi, Delhi, is provided with a unique IFSC like MAHB0001414 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in South-West Delhi.
- 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 South-West Delhi and Delhi.
- 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 Delhi and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Najafgarh do not get mixed with another location.
Format of the IFSC Code MAHB0001414
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 Najafgarh in South-West Delhi.
For example, the IFSC Code MAHB0001414 of Bank Of Maharashtra for the Najafgarh branch includes these elements, identifying the bank and the branch location in South-West Delhi and Delhi correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0001414 of Bank Of Maharashtra for its Najafgarh branch located in South-West Delhi, 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 South-West Delhi and Delhi, 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 Najafgarh or South-West Delhi to get the exact IFSC Code MAHB0001414.
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 South-West Delhi that will provide accurate information.
How to Use IFSC Code MAHB0001414 for Online Transfers?
Once you have the IFSC Code MAHB0001414 for the Najafgarh branch of Bank Of Maharashtra in South-West Delhi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0001414. 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 MAHB0001414.
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 Najafgarh in South-West 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 Najafgarh, 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-West Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Najafgarh South-West Delhi branch is MAHB0001414.
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 1644/C-1 Thana Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.