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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Maharashtra for its Tiruvanamalai branch in Tiruvannamalai, Tiruvanamalai, Tamil Nadu, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of Maharashtra located in Tiruvannamalai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code MAHB0002058. 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, Tiruvanamalai, Tiruvannamalai

Here are the key points that are associated with the IFSC Code MAHB0002058 of Bank Of Maharashtra for its branch located in Tiruvannamalai, within the district of Tiruvanamalai in the state of Tamil Nadu.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002058
Branch Tiruvanamalai
City Tiruvannamalai
District Tiruvanamalai
State Tamil Nadu
Address 29 B/9, A K Toweravalurpet Main Road, Tiruvannamalai

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Tiruvannamalai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002058 for the Tiruvanamalai 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002058 is given to every bank branch, including Bank Of Maharashtra located in Tiruvanamalai, Tiruvannamalai, Tamil Nadu, 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 Tiruvannamalai.
  • 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 Tiruvannamalai and Tiruvanamalai.
  • 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Tiruvanamalai doesn't end up at another location.

Format of the IFSC Code MAHB0002058

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 Tiruvanamalai in Tiruvannamalai.

For example, the IFSC Code MAHB0002058 of Bank Of Maharashtra for the Tiruvanamalai branch includes these elements, identifying the bank and the branch location in Tiruvannamalai and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002058 of Bank Of Maharashtra for its Tiruvanamalai branch located in Tiruvannamalai, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Tiruvannamalai and Tiruvanamalai, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and navigate to the branch locator section. Search for Tiruvanamalai or Tiruvannamalai to get the exact IFSC Code MAHB0002058.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Maharashtra and Tiruvannamalai, you'll get the correct details.

How to Use IFSC Code MAHB0002058 for Online Transfers?

If you have the IFSC Code MAHB0002058 for the Tiruvanamalai branch of Bank Of Maharashtra in Tiruvannamalai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002058. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002058.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Tiruvanamalai in Tiruvannamalai, it may result in delayed or failed transactions.

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 Tiruvanamalai, 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 Tiruvannamalai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Tiruvanamalai, Tiruvannamalai?

The IFSC Code is MAHB0002058.

Is the IFSC Code MAHB0002058 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Bank Of Maharashtra Tiruvanamalai?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Tiruvanamalai branch?

The address of the branch is 29 B/9, A K Toweravalurpet Main Road, Tiruvannamalai located in Tiruvannamalai, Tiruvanamalai, Tamil Nadu.

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.