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 Puttaparthi branch in Sri Sathya Sai, Puttaparthi, Andhra Pradesh, 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 Sri Sathya Sai or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002307. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Puttaparthi, Sri Sathya Sai

Here are the key points that are associated with the IFSC Code MAHB0002307 of Bank Of Maharashtra for its branch located in Sri Sathya Sai, within the district of Puttaparthi in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002307
Branch Puttaparthi
City Sri Sathya Sai
District Puttaparthi
State Andhra Pradesh
Address D.No.16/369, Prasanthi Gramam, Puttaparthi, Sri Sathya Sai-515134

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Sri Sathya Sai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002307 for the Puttaparthi branch of Bank Of Maharashtra is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Puttaparthi, Sri Sathya Sai, Andhra Pradesh, is provided a unique IFSC like MAHB0002307 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in Sri Sathya Sai.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Sri Sathya Sai and Puttaparthi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Puttaparthi do not get misguided to another person.

Format of the IFSC Code MAHB0002307

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 Puttaparthi in Sri Sathya Sai.

For example, the IFSC Code MAHB0002307 of Bank Of Maharashtra for the Puttaparthi branch includes these elements, identifying the bank and the branch location in Sri Sathya Sai and Andhra Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002307 of Bank Of Maharashtra for its Puttaparthi branch located in Sri Sathya Sai, 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 Sri Sathya Sai and Puttaparthi, 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 Puttaparthi or Sri Sathya Sai to get the exact IFSC Code MAHB0002307.

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 Sri Sathya Sai that will provide accurate information.

How to Use IFSC Code MAHB0002307 for Online Transfers?

Once you have the IFSC Code MAHB0002307 for the Puttaparthi branch of Bank Of Maharashtra in Sri Sathya Sai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002307. The transfer is completed in batches instead of instantly. It is useful for both 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 MAHB0002307.

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 Puttaparthi in Sri Sathya Sai, your payment can get delayed or might not go through at all.

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 Puttaparthi, 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 Sri Sathya Sai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Puttaparthi Sri Sathya Sai?

The IFSC Code of the Puttaparthi Sri Sathya Sai branch is MAHB0002307.

Is IFSC Code MAHB0002307 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Puttaparthi branch?

The branch is located at D.No.16/369, Prasanthi Gramam, Puttaparthi, Sri Sathya Sai-515134.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.