IFSC Code of Bank Of Maharashtra, Sanpada, Navi Mumbai, Maharashtra- MAHB0002505

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 Sanpada branch in Thane, Navi Mumbai, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0002505. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Sanpada, Thane

The table below shows the main details of the IFSC Code MAHB0002505 for the Bank Of Maharashtra branch in Thane, which falls under the Navi Mumbai district in Maharashtra.

These details helps 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 MAHB0002505 for the Sanpada branch of Bank Of Maharashtra plays a vital role.

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 Sanpada, Thane, Maharashtra, is provided a unique IFSC like MAHB0002505 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Bank Of Maharashtra branch in Thane.
• 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 Thane and Navi Mumbai.
• 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Sanpada do not get misguided to another person.

Format of the IFSC Code MAHB0002505

The format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sanpada in Thane.

For example, the IFSC Code MAHB0002505 of Bank Of Maharashtra for the Sanpada 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?

If you are looking for the IFSC Code MAHB0002505 of Bank Of Maharashtra for its Sanpada 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 Sanpada or Thane to get the exact IFSC Code MAHB0002505.

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 MAHB0002505 for Online Transfers?

Once you have the IFSC Code MAHB0002505 for the Sanpada 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 MAHB0002505. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHB0002505.

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 Sanpada in Thane, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Sanpada, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Bank Of Maharashtra website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Thane manage online transfers as well as cheque clearances with ease.