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 Agartala branch in West Tripura, Agartala, Tripura, 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 Tripura or anywhere in Tripura can easily transfer funds instantly by using the correct IFSC Code MAHB0001583. 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, Agartala, West Tripura

Here are the main details that are associated with the IFSC Code MAHB0001583 of Bank Of Maharashtra for its branch located in West Tripura, within the district of Agartala in the state of Tripura.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001583
Branch Agartala
City West Tripura
District Agartala
State Tripura
Address Agartala Bishalgarh Road,Near Agartala Bus S Agartala

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in West Tripura for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001583 for the Agartala 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 Agartala, West Tripura, Tripura, is provided a unique IFSC like MAHB0001583 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in West Tripura.
  • 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 West Tripura and Agartala.
  • 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 Tripura and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Agartala do not get misguided to another person.

Format of the IFSC Code MAHB0001583

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 Agartala in West Tripura.

For example, the IFSC Code MAHB0001583 of Bank Of Maharashtra for the Agartala branch includes these elements, identifying the bank and the branch location in West Tripura and Tripura correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0001583 of Bank Of Maharashtra for its Agartala branch located in West Tripura, 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 Tripura and Agartala, 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 Agartala or West Tripura to find the exact IFSC Code MAHB0001583.

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 Tripura will provide accurate information.

How to Use IFSC Code MAHB0001583 for Online Transfers?

If you have the IFSC Code MAHB0001583 for the Agartala branch of Bank Of Maharashtra in West Tripura, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001583. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0001583.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Agartala in West Tripura, it may 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 Agartala, 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 Tripura 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 Agartala, West Tripura?

The IFSC Code is MAHB0001583.

Is the IFSC Code MAHB0001583 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Agartala branch?

The address of the branch is Agartala Bishalgarh Road,Near Agartala Bus S Agartala located in West Tripura, Agartala, Tripura.

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.