There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Khatima branch in Udham Singh Nagar, Udham Singh Nagar, Uttarakhand, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Udham Singh Nagar or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code MAHB0002581. You should 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, Khatima, Udham Singh Nagar
Below in the table are the key details related to IFSC Code MAHB0002581 of Bank Of Maharashtra for its branch located in Udham Singh Nagar, within the district of Udham Singh Nagar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002581 |
| Branch | Khatima |
| City | Udham Singh Nagar |
| District | Udham Singh Nagar |
| State | Uttarakhand |
| Address | Kanga Bagh Tiraha, Near Canal Kothi, Sitarganj Road Khatima, District-Udham Singh Nagar, Uttarakhand-262308 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Udham Singh Nagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002581 for the Khatima 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, including Bank Of Maharashtra located in Khatima, Udham Singh Nagar, Uttarakhand, is provided with a unique IFSC like MAHB0002581 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Maharashtra branch in Udham Singh Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Udham Singh Nagar and Udham Singh Nagar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Khatima do not get mixed with another location.
Format of the IFSC Code MAHB0002581
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 Khatima in Udham Singh Nagar.
For example, the IFSC Code MAHB0002581 of Bank Of Maharashtra for the Khatima branch includes these elements, identifying the bank and the branch location in Udham Singh Nagar and Uttarakhand correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002581 of Bank Of Maharashtra for its Khatima branch located in Udham Singh Nagar, 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 Udham Singh Nagar and Udham Singh Nagar, 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 Khatima or Udham Singh Nagar to get the exact IFSC Code MAHB0002581.
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 Udham Singh Nagar, you'll get the correct details.
How to Use IFSC Code MAHB0002581 for Online Transfers?
Once you have the IFSC Code MAHB0002581 for the Khatima branch of Bank Of Maharashtra in Udham Singh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002581. 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 MAHB0002581.
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 Khatima in Udham Singh Nagar, 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 Khatima, 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 Udham Singh Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002581.
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 Kanga Bagh Tiraha, Near Canal Kothi, Sitarganj Road Khatima, District-Udham Singh Nagar, Uttarakhand-262308 located in Udham Singh Nagar, Udham Singh Nagar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.