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 Villupuram branch in Villupuram, Villupuram, or Tamil Nadu, 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 Villupuram or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code MAHB0002142. 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, Villupuram, Villupuram
The table below shows the main details of the IFSC Code MAHB0002142 for the Bank Of Maharashtra branch in Villupuram, which falls under the Villupuram district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002142 |
| Branch | Villupuram |
| City | Villupuram |
| District | Villupuram |
| State | Tamil Nadu |
| Address | No. 2, Poonthotta Pattai Near Old Bus Stand Villupuram |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Villupuram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002142 for the Villupuram 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHB0002142 is given to every bank branch, including Bank Of Maharashtra located in Villupuram, Villupuram, Tamil Nadu, 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 Villupuram.
- 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 Villupuram and Villupuram.
- 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Villupuram doesn't end up at another location.
Format of the IFSC Code MAHB0002142
This is the format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Villupuram in Villupuram.
For example, the IFSC Code MAHB0002142 of Bank Of Maharashtra for the Villupuram branch includes these elements, identifying the bank and the branch location in Villupuram and Tamil Nadu accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are looking for the IFSC Code MAHB0002142 of Bank Of Maharashtra for its Villupuram branch located in Villupuram, 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 Villupuram and Villupuram, 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 Villupuram or Villupuram to get the exact IFSC Code MAHB0002142.
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 Villupuram, then it will provide you proper information.
How to Use IFSC Code MAHB0002142 for Online Transfers?
Once you have the IFSC Code MAHB0002142 for the Villupuram branch of Bank Of Maharashtra in Villupuram, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002142. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002142.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra Villupuram in Villupuram, it can result in delayed or failed transactions.
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 Villupuram, 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 Villupuram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002142.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No. 2, Poonthotta Pattai Near Old Bus Stand Villupuram located in Villupuram, Villupuram, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.