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 Vidisha branch in Vidisha, Vidisha, Madhya 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 Vidisha or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0001470. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Vidisha, Vidisha

The table below shows the main details of the IFSC Code MAHB0001470 for the Bank Of Maharashtra branch in Vidisha, which falls under the Vidisha district in Madhya Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001470
Branch Vidisha
City Vidisha
District Vidisha
State Madhya Pradesh
Address Gopal Complex, Rajiv Nagar Vidisha, Collectorate Area, N.H. 86, S.A.T.I. Rd.

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Vidisha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001470 for the Vidisha 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Vidisha, Vidisha, Madhya Pradesh, is provided with a unique IFSC like MAHB0001470 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0001470

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 Vidisha in Vidisha.

For example, the IFSC Code MAHB0001470 of Bank Of Maharashtra for the Vidisha branch has these elements, identifying the bank and the branch location in Vidisha and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001470 of Bank Of Maharashtra for its Vidisha branch located in Vidisha, 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 Vidisha and Vidisha, 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 Vidisha or Vidisha to get the exact IFSC Code MAHB0001470.

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 Vidisha, you'll get the correct details.

How to Use IFSC Code MAHB0001470 for Online Transfers?

Once you have the IFSC Code MAHB0001470 for the Vidisha branch of Bank Of Maharashtra in Vidisha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001470. 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 MAHB0001470.

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 Vidisha in Vidisha, 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 Vidisha, 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 Vidisha 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 Vidisha, Vidisha?

The IFSC Code is MAHB0001470.

Is the IFSC Code MAHB0001470 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 Vidisha?

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 Vidisha branch?

The address of the branch is Gopal Complex, Rajiv Nagar Vidisha, Collectorate Area, N.H. 86, S.A.T.I. Rd. located in Vidisha, Vidisha, Madhya 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.