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 Bhayali Road Vadodara branch in Vadodara, Vadodara, Gujarat, 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 Vadodara or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code MAHB0002532. 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, Bhayali Road Vadodara, Vadodara

The table below shows the main details of the IFSC Code MAHB0002532 for the Bank Of Maharashtra branch in Vadodara, which falls under the Vadodara district in Gujarat.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002532
Branch Bhayali Road Vadodara
City Vadodara
District Vadodara
State Gujarat
Address Trinity, Shop No 6,7,8 Bhayali Road, Tandalja, Vadodara,District-Vadodara, Gujarat-391410

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Vadodara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002532 for the Bhayali Road Vadodara branch of Bank Of Maharashtra has an 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 MAHB0002532 is given to every bank branch, including Bank Of Maharashtra located in Bhayali Road Vadodara, Vadodara, Gujarat, 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 Vadodara.
  • 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 Vadodara and Vadodara.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Bhayali Road Vadodara doesn't end up at another location.

Format of the IFSC Code MAHB0002532

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 Bhayali Road Vadodara in Vadodara.

For example, the IFSC Code MAHB0002532 of Bank Of Maharashtra for the Bhayali Road Vadodara branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0002532 of Bank Of Maharashtra for its Bhayali Road Vadodara branch located in Vadodara, 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 Vadodara and Vadodara, 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 Bhayali Road Vadodara or Vadodara to get the exact IFSC Code MAHB0002532.

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 Vadodara, then it will provide you proper information.

How to Use IFSC Code MAHB0002532 for Online Transfers?

Once you have the IFSC Code MAHB0002532 for the Bhayali Road Vadodara branch of Bank Of Maharashtra in Vadodara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002532. 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 MAHB0002532.

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 Bhayali Road Vadodara in Vadodara, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Bhayali Road Vadodara, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Vadodara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Bhayali Road Vadodara, Vadodara?

The IFSC Code is MAHB0002532.

Is the IFSC Code MAHB0002532 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Bhayali Road Vadodara?

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

What is the full address of the Bhayali Road Vadodara branch?

The address of the branch is Trinity, Shop No 6,7,8 Bhayali Road, Tandalja, Vadodara,District-Vadodara, Gujarat-391410 located in Vadodara, Vadodara, Gujarat.

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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