IFSC Code of Bank Of Maharashtra, Patan, Patan, Maharashtra — MAHB0000960

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 Patan branch in Yavatmal, Patan, Maharashtra, 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 Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000960. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Patan, Yavatmal

Below in the table are the key details related to IFSC Code MAHB0000960 of Bank Of Maharashtra for its branch located in Yavatmal, within the district of Patan in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Yavatmal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000960 for the Patan 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Patan, Yavatmal, Maharashtra, is provided a unique IFSC like MAHB0000960 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0000960

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 Patan in Yavatmal.

For example, the IFSC Code MAHB0000960 of Bank Of Maharashtra for the Patan branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0000960 of Bank Of Maharashtra for its Patan branch located in Yavatmal, 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 Yavatmal and Patan, 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 Patan or Yavatmal to get the exact IFSC Code MAHB0000960.

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 Yavatmal, then it will provide you proper information.

How to Use IFSC Code MAHB0000960 for Online Transfers?

Once you have the IFSC Code MAHB0000960 for the Patan branch of Bank Of Maharashtra in Yavatmal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000960. 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 MAHB0000960.

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 Patan in Yavatmal, 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 Patan, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Yavatmal manage online transfers as well as cheque clearances with ease.