There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Nangloi, New Delhi branch in West Delhi, Delhi, Delhi, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in West Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code MAHB0001744. You should 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, Nangloi, New Delhi, West Delhi
Below in the table are the key details related to IFSC Code MAHB0001744 of Bank Of Maharashtra for its branch located in West Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0001744 |
| Branch | Nangloi, New Delhi |
| City | West Delhi |
| District | Delhi |
| State | Delhi |
| Address | House No. 530, Rohilla Complex Nangloi, Delhinajafgarh Road |
These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in West Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001744 for the Nangloi, New Delhi 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001744 is given to every bank branch, including Bank Of Maharashtra located in Nangloi, New Delhi, West Delhi, Delhi, 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 West Delhi.
- 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 West Delhi and Delhi.
- 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 Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Nangloi, New Delhi doesn't end up at another location.
Format of the IFSC Code MAHB0001744
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): 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 Nangloi, New Delhi in West Delhi.
For example, the IFSC Code MAHB0001744 of Bank Of Maharashtra for the Nangloi, New Delhi branch includes these elements, identifying the bank and the branch location in West Delhi and Delhi accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0001744 of Bank Of Maharashtra for its Nangloi, New Delhi branch located in West Delhi, 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 West Delhi and Delhi, 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 Nangloi, New Delhi or West Delhi to find the exact IFSC Code MAHB0001744.
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 West Delhi will provide accurate information.
How to Use IFSC Code MAHB0001744 for Online Transfers?
Once you have the IFSC Code MAHB0001744 for the Nangloi, New Delhi branch of Bank Of Maharashtra in West Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0001744. 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 MAHB0001744.
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 Nangloi, New Delhi in West Delhi, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Nangloi, New Delhi, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in West Delhi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Nangloi, New Delhi West Delhi branch is MAHB0001744.
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 House No. 530, Rohilla Complex Nangloi, Delhinajafgarh Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.