Bank of Maharashtra MHASAWAD IFSC Code, MICR Code, Contact No. - Satara, Maharashtra

Bank of Maharashtra MHASAWAD Branch IFSC Code, MICR Code (Satara, Maharashtra). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Bank of Maharashtra MHASAWAD - Satara, Maharashtra

IFSC Code:MAHB0000224
MICR Code:415014036
Branch Code:000224 (Last six characters of IFSC Code represent Branch code)
Address:DHANJIBHAI NEMCHAND SHAH TRUST BLDG, MHASWAD TAL MAN DIST SATARA PIN:415509
Branch:MHASAWAD
City:MHASWAD
District:Satara
State:Maharashtra
Contact No.:2373-270224

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Bank of Maharashtra IFSC Code is MAHB0000224, MICR Code is 415014036, Branch Code is 000224 which is last six characters of IFSC Code, Branch name is MHASAWAD located in DHANJIBHAI NEMCHAND SHAH TRUST BLDG, MHASWAD TAL MAN DIST SATARA PIN:415509, MHASWAD, Satara, Maharashtra, Contact no. is 2373-270224. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Bank of Maharashtra Branches at Satara, Maharashtra

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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.