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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Tandur branch in Vikarabad, Vikarabad, or Telangana, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Vikarabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code MAHB0002497. 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, Tandur, Vikarabad
The table below shows the main details of the IFSC Code MAHB0002497 for the Bank Of Maharashtra branch in Vikarabad, which falls under the Vikarabad district in Telangana.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002497 |
| Branch | Tandur |
| City | Vikarabad |
| District | Vikarabad |
| State | Telangana |
| Address | Salla Garden Road, Shivaji Chowk, Tandur, Vikarabad, Dist-Vikarabad, Telangana-501141 |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Vikarabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002497 for the Tandur branch of Bank Of Maharashtra plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Tandur, Vikarabad, Telangana, is provided a unique IFSC like MAHB0002497 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Maharashtra branch in Vikarabad.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Vikarabad and Vikarabad.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Telangana and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Tandur do not get misguided to another person.
Format of the IFSC Code MAHB0002497
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 Tandur in Vikarabad.
For example, the IFSC Code MAHB0002497 of Bank Of Maharashtra for the Tandur branch includes these elements, identifying the bank and the branch location in Vikarabad and Telangana correctly.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0002497 of Bank Of Maharashtra for its Tandur branch located in Vikarabad, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Maharashtra branches in Vikarabad and Vikarabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Tandur or Vikarabad to find the exact IFSC Code MAHB0002497.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Vikarabad will provide accurate information.
How to Use IFSC Code MAHB0002497 for Online Transfers?
Once you have the IFSC Code MAHB0002497 for the Tandur branch of Bank Of Maharashtra in Vikarabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002497. 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 MAHB0002497.
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 Tandur in Vikarabad, 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 Tandur, 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 Vikarabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tandur Vikarabad branch is MAHB0002497.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Salla Garden Road, Shivaji Chowk, Tandur, Vikarabad, Dist-Vikarabad, Telangana-501141.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.