Bank of Maharashtra KARWAR IFSC Code, MICR Code, Contact No. - Uttara Kannada, Karnataka

Bank of Maharashtra KARWAR Branch IFSC Code, MICR Code (Uttara Kannada, Karnataka). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Bank of Maharashtra KARWAR - Uttara Kannada, Karnataka

IFSC Code:MAHB0000459
MICR Code:581014202
Branch Code:000459 (Last six characters of IFSC Code represent Branch code)
Address:FIRST FLOOR, RAIKAR MANOR, KAIKINI ROAD, KARWAR
Branch:KARWAR
City:KARWAR
District:Uttara Kannada
State:Karnataka
Contact No.:8382-226492

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Bank of Maharashtra IFSC Code is MAHB0000459, MICR Code is 581014202, Branch Code is 000459 which is last six characters of IFSC Code, Branch name is KARWAR located in FIRST FLOOR, RAIKAR MANOR, KAIKINI ROAD, KARWAR, KARWAR, Uttara Kannada, Karnataka, Contact no. is 8382-226492. IFSC code is used for NEFT, IMPS and RTGS Transactions.

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.