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 Dombivili Midc branch in Thane, Dombivli, or Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000695. 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, Dombivili Midc, Thane
Below in the table are the key details related to IFSC Code MAHB0000695 of Bank Of Maharashtra for its branch located in Thane, within the district of Dombivli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0000695 |
| Branch | Dombivili Midc |
| City | Thane |
| District | Dombivli |
| State | Maharashtra |
| Address | Shop No. 18 And 19, Plot No.4/1, Dombivali Eastcity Mall, Near Pendharkar College, |
These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000695 for the Dombivili Midc branch of Bank Of Maharashtra has a very 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, along with Bank Of Maharashtra located in Dombivili Midc, Thane, Maharashtra, are allotted a unique IFSC like MAHB0000695 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Thane and Dombivli.
- 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 Dombivili Midc reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code MAHB0000695
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 Dombivili Midc in Thane.
For example, the IFSC Code MAHB0000695 of Bank Of Maharashtra for the Dombivili Midc branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0000695 of Bank Of Maharashtra for its Dombivili Midc branch located in Thane, 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 Thane and Dombivli, 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 Dombivili Midc or Thane to find the exact IFSC Code MAHB0000695.
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 Thane will provide accurate information.
How to Use IFSC Code MAHB0000695 for Online Transfers?
Once you have the IFSC Code MAHB0000695 for the Dombivili Midc branch of Bank Of Maharashtra in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0000695. 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 MAHB0000695.
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 Dombivili Midc in Thane, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Dombivili Midc, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0000695.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No. 18 And 19, Plot No.4/1, Dombivali Eastcity Mall, Near Pendharkar College, located in Thane, Dombivli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.