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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Vesu Surat branch in Surat, Surat, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code MAHB0002269. 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, Vesu Surat, Surat
Here are the key points that are associated with the IFSC Code MAHB0002269 of Bank Of Maharashtra for its branch located in Surat, within the district of Surat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002269 |
| Branch | Vesu Surat |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Shop No 49 And 50 Four Point Marvella, Vip Road, Vesu Surat-395007 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Surat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002269 for the Vesu Surat 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002269 is given to every bank branch, including Bank Of Maharashtra located in Vesu Surat, Surat, Gujarat, 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 Surat.
- 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 Surat and Surat.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Vesu Surat doesn't end up at another location.
Format of the IFSC Code MAHB0002269
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 Vesu Surat in Surat.
For example, the IFSC Code MAHB0002269 of Bank Of Maharashtra for the Vesu Surat branch has these elements, identifying the bank and the branch location in Surat and Gujarat correctly.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0002269 of Bank Of Maharashtra for its Vesu Surat branch located in Surat, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Maharashtra branches in Surat and Surat, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Vesu Surat or Surat to find the exact IFSC Code MAHB0002269.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Surat will provide accurate information.
How to Use IFSC Code MAHB0002269 for Online Transfers?
Once you have the IFSC Code MAHB0002269 for the Vesu Surat branch of Bank Of Maharashtra in Surat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002269. 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 MAHB0002269.
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 Vesu Surat in Surat, 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 Vesu Surat, 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 Surat to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002269.
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 49 And 50 Four Point Marvella, Vip Road, Vesu Surat-395007 located in Surat, Surat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.