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 Nerul Sector 8 branch in Thane, Navi Mumbai, 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 MAHB0001482. 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, Nerul Sector 8, Thane

Here are the main details that are associated with the IFSC Code MAHB0001482 of Bank Of Maharashtra for its branch located in Thane, within the district of Navi Mumbai in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001482
Branch Nerul Sector 8
City Thane
District Navi Mumbai
State Maharashtra
Address Sai Commerical Cplx, Shop No.16,17,18,19 Opp. Sarsole Bus St.Sector-8

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001482 for the Nerul Sector 8 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 Nerul Sector 8, Thane, Maharashtra, are allotted a unique IFSC like MAHB0001482 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 Navi Mumbai.
  • 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 Nerul Sector 8 reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code MAHB0001482

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 Nerul Sector 8 in Thane.

For example, the IFSC Code MAHB0001482 of Bank Of Maharashtra for the Nerul Sector 8 branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0001482 of Bank Of Maharashtra for its Nerul Sector 8 branch located in Thane, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of Maharashtra branches in Thane and Navi Mumbai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Nerul Sector 8 or Thane to get the exact IFSC Code MAHB0001482.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Thane, then it will provide you proper information.

How to Use IFSC Code MAHB0001482 for Online Transfers?

Once you have the IFSC Code MAHB0001482 for the Nerul Sector 8 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 MAHB0001482. 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 MAHB0001482.

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 Nerul Sector 8 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 Nerul Sector 8, 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)

What is the IFSC Code of Bank Of Maharashtra in Nerul Sector 8, Thane?

The IFSC Code is MAHB0001482.

Is the IFSC Code MAHB0001482 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Nerul Sector 8?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Nerul Sector 8 branch?

The address of the branch is Sai Commerical Cplx, Shop No.16,17,18,19 Opp. Sarsole Bus St.Sector-8 located in Thane, Navi Mumbai, Maharashtra.

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.

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