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 Tanuku branch in West Godavari, West Godavari, 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 West Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002523. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Maharashtra, Tanuku, West Godavari
Here are the key points that are associated with the IFSC Code MAHB0002523 of Bank Of Maharashtra for its branch located in West Godavari, within the district of West Godavari in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002523 |
| Branch | Tanuku |
| City | West Godavari |
| District | West Godavari |
| State | Andhra Pradesh |
| Address | H.No 25-4-1, Revenue Ward No 8, Nethaji Subhash Chandra Bose Road, Tanuku, District-West Godavari, Andhra Pradesh-534211 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in West Godavari for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002523 for the Tanuku branch of Bank Of Maharashtra is vital.
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 Tanuku, West Godavari, Andhra Pradesh, are allotted a unique IFSC like MAHB0002523 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in West Godavari.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like West Godavari and West Godavari.
- 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 Tanuku reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code MAHB0002523
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 Tanuku in West Godavari.
For example, the IFSC Code MAHB0002523 of Bank Of Maharashtra for the Tanuku branch includes these elements, identifying the bank and the branch location in West Godavari and Andhra Pradesh accurately.
How to Find IFSC Code for Bank Of Maharashtra?
To find the IFSC Code MAHB0002523 of Bank Of Maharashtra for its Tanuku branch located in West Godavari, 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 Godavari and West Godavari, 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 Tanuku or West Godavari to find the exact IFSC Code MAHB0002523.
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 Godavari will provide accurate information.
How to Use IFSC Code MAHB0002523 for Online Transfers?
Once you have the IFSC Code MAHB0002523 for the Tanuku branch of Bank Of Maharashtra in West Godavari, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002523. 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 MAHB0002523.
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 Tanuku in West Godavari, 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 Tanuku, 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 West Godavari to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tanuku West Godavari branch is MAHB0002523.
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 H.No 25-4-1, Revenue Ward No 8, Nethaji Subhash Chandra Bose Road, Tanuku, District-West Godavari, Andhra Pradesh-534211.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.