For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Vizianagaram branch in Vizianagaram, Vizianagaram, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Vizianagaram or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002056. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

The table below shows the main details of the IFSC Code MAHB0002056 for the Bank Of Maharashtra branch in Vizianagaram, which falls under the Vizianagaram district in Andhra Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002056
Branch Vizianagaram
City Vizianagaram
District Vizianagaram
State Andhra Pradesh
Address Door No.20-18/1-33, Radhamadhava Heritagesriramnagar, Dharmapuri Road

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Vizianagaram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002056 for the Vizianagaram 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Vizianagaram, Vizianagaram, Andhra Pradesh, are allotted a unique IFSC like MAHB0002056 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vizianagaram.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Vizianagaram and Vizianagaram.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of Maharashtra in Vizianagaram reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code MAHB0002056

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 Vizianagaram in Vizianagaram.

For example, the IFSC Code MAHB0002056 of Bank Of Maharashtra for the Vizianagaram branch includes these elements, identifying the bank and the branch location in Vizianagaram and Andhra Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002056 of Bank Of Maharashtra for its Vizianagaram branch located in Vizianagaram, 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of Maharashtra branches in Vizianagaram and Vizianagaram, print them 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 Vizianagaram or Vizianagaram to get the exact IFSC Code MAHB0002056.

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 Vizianagaram, you'll get the correct details.

How to Use IFSC Code MAHB0002056 for Online Transfers?

Once you have the IFSC Code MAHB0002056 for the Vizianagaram branch of Bank Of Maharashtra in Vizianagaram, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002056. 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 MAHB0002056.

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 Vizianagaram in Vizianagaram, 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 Vizianagaram, 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 Vizianagaram 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 Vizianagaram, Vizianagaram?

The IFSC Code is MAHB0002056.

Is the IFSC Code MAHB0002056 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Vizianagaram?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Vizianagaram branch?

The address of the branch is Door No.20-18/1-33, Radhamadhava Heritagesriramnagar, Dharmapuri Road located in Vizianagaram, Vizianagaram, Andhra 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.