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 Shivpur Varanasi branch in Varanasi, Varanasi, Uttar Pradesh, 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 Varanasi or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002213. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Shivpur Varanasi, Varanasi

Here are the key points that are associated with the IFSC Code MAHB0002213 of Bank Of Maharashtra for its branch located in Varanasi, within the district of Varanasi in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002213
Branch Shivpur Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Address 530/176, Near Railway Crossingshivpur, Varanasi

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Varanasi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002213 for the Shivpur Varanasi branch of Bank Of Maharashtra plays an important role.

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 Shivpur Varanasi, Varanasi, Uttar Pradesh, is provided with a unique IFSC like MAHB0002213 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Varanasi.
  • 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 Varanasi and Varanasi.
  • 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Shivpur Varanasi do not get mixed with another location.

Format of the IFSC Code MAHB0002213

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shivpur Varanasi in Varanasi.

For example, the IFSC Code MAHB0002213 of Bank Of Maharashtra for the Shivpur Varanasi branch has these elements, identifying the bank and the branch location in Varanasi and Uttar Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002213 of Bank Of Maharashtra for its Shivpur Varanasi branch located in Varanasi, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Shivpur Varanasi or Varanasi to get the exact IFSC Code MAHB0002213.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of Maharashtra and Varanasi that will provide accurate information.

How to Use IFSC Code MAHB0002213 for Online Transfers?

Once you have the IFSC Code MAHB0002213 for the Shivpur Varanasi branch of Bank Of Maharashtra in Varanasi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002213. 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 MAHB0002213.

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 Shivpur Varanasi in Varanasi, 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 Shivpur Varanasi, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Varanasi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Shivpur Varanasi, Varanasi?

The IFSC Code is MAHB0002213.

Is the IFSC Code MAHB0002213 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 Shivpur Varanasi?

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 Shivpur Varanasi branch?

The address of the branch is 530/176, Near Railway Crossingshivpur, Varanasi located in Varanasi, Varanasi, Uttar Pradesh.

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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