Select Branch for Bank Of Maharashtra in Pune, Maharashtra
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MAHB0009012
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Amanora Park
MAHB0002823
TUPE ESTATE APARTMENT, OPPOSITE BILLABONG HIGH SCHOOL, HADAPSAR, PUNE, DIST. - PUNE, MAHARASHTRA - 411028
Ambegaon
MAHB0001576
SR NO 7/4 , AMBEGAON BUDRUK, NEAR RIBM COLLEGE
Asset Recovery Branch Pune
MAHB0001453
II ND FLOOR, 444, SOMWAR PETH, AGARKAR HIGH SCHOOL PREMISES, PUNE
Baner Nx
MAHB0002550
SHOP NO 3,4 & 5, ROYAL FORTUNE, SURVEY NO 15P, PAN CARD CLUB ROAD, BANER, TAL-HAVELI, DISTRICT- PUNE
Board Secretary
MAHB0009013
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Business Development
MAHB0009014
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Chikhali Pune
MAHB0002411
SHOP NO 3 & 4, GAT NO 1193/1, P-SQUARE P2, PINGALE ROAD, CHIKHALI PUNE-411062
Compliance
MAHB0009015
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Corporate Services
MAHB0009016
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Cpc Online Account
MAHB0009009
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Agriculture
MAHB0009017
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Corporate
MAHB0009018
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Monitoring
MAHB0009021
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Msme
MAHB0009019
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit - Retail
MAHB0009020
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Credit Card Cell
MAHB0001977
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Daund
MAHB0000680
SARASWATI JOSHI BUNGLOW 35 DAUND,
Demat Cell
MAHB0009011
BAJIRAO ROAD, PUNE, MAHARASHTRA
Dhanori
MAHB0002410
SHOP NO 3 & 4 & 5, MST ASPIRE, S NO 283/5, MST CHOUK LOHEGAON-DIGHJ ROAD, DHANORI , PUNE-411047
Digital Banking Department
MAHB0009037
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Digital Banking Unit Lokmangal Pune
MAHB0002294
1501, LOKMANGAL, SHIVAJINAGAR, PUNE-411005
Digital Channel Reconcilation Department
MAHB0009006
JANMANGAL BUILDING, BAJIRAO ROAD, BUDHWAR PETH, PUNE-411002
Digital Lending Department
MAHB0009039
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Financial Inclusion
MAHB0009022
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Fma
MAHB0009000
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Govt. Business And Customer Services
MAHB0009023
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Handewadi
MAHB0002535
SR. NO. 16/1/1/2/4/5, SHOP NO 1 & 2, A WING, FORTUNE IMPRESS, KATRAJ BYPASS, AUDADE HANDEWADI, PUNE, DISTRICT-PUNE, MAHARASHTRA-412308
Housing Finance Br. Earlier Name - Hadapsargaon
MAHB0001129
YESHOMANGAL, FIRST FLOOR PUNE, FERGUSON ROAD
Housing Finance Branch Hadapsar
MAHB0002424
SHOP NO 7A/2,2ND FLOOR, JANMANGAL BUILDING, HADAPSAR, PUNE-411013
Housing Finance Branch Wakad
MAHB0002363
SHOP NO. 34, VISION MALL, BHUMKAR CHOWK ROAD, WAKAD, PUNE -411033
Human Resource Management
MAHB0009024
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Information Technology
MAHB0009025
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Inspection And Audit
MAHB0009026
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Integrated Risk Management
MAHB0009027
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Jalochi
MAHB0001409
PLOT NO. 34, MIDC JALOCHI BHIGWAN ROAD, PENCIL CHOWK
Junnar
MAHB0000623
U.B. MORE BUILDING, OPP. MAHASUL BHAVAN, JUNNARNEAR NEW BUS STAND,
Legal
MAHB0009028
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Lohegaon
MAHB0002401
SHOP NO1 AND 2, LANDMARK TRADE CENTRE,LOHEGAON WAGHOLI ROAD,LOPHEGAON, PUNE-411047
Lonavala-tilak Road
MAHB0000075
194, G.WARD, DR SISODIA BLDG, TILAK ROAD, LONAVALA 410401
Lonikand
MAHB0001829
Kakawadi, At and Post Lonikand,Taluka Haveli
Manchar
MAHB0000112
BANK OF MAHARASHTRA BUILDING, 106-107 BABU GENU RD, MANCHAR 410503
Markal
MAHB0001841
S No.422, Ward No.3, Markal, Taluka Khed, Dist MARKAL
Marketing And Publicity
MAHB0009029
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Mid Corporate Branch Hadapsar
MAHB0002614
S.NO 7A-2, JANMANGAL BUILDING, BESIDE WANVADI POLICE STATION, HADAPSAR INDUSTRIAL ESTATE, PUNE, MAHARASHTRA-411013
Mid Corporate Branch Pune
MAHB0002390
SHOWROOM NO 1 SURVEY NO 45/1A/1, GROUND FLOOR, GLOBAL PORT BUILDING , MUMBAI BANGLORE BYEPASS, BANER, PUNE-411045
Mid Corporate Branch Talawade
MAHB0002409
SHOP NO 3,4,5 SHARAD NAGAR CTS NO 1015, SECTOR 20, NIGDI, PUNE-4110035
Moshi
MAHB0002615
VITTHAL LANDMARK, OLD ALANDI-MOSHI ROAD, PUNE,DIST-PUNE, MAHARASHTRA - 412105.
Narayangaon
MAHB0000414
SHOP NO. G1, G2, G3, AND G4, LANDMARK BUSINESS PARK, PUNE-NASHIK HIGHWAY, NARAYANGAON, TAL. - JUNNAR, DIST. - PUNE, MAHARASHTRA - 410504
Narhe, Pune
MAHB0001459
RAJ PARADIES NARHE, PLOT NO.3, SURVEY NO. 48/56,
Operations
MAHB0009030
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Pargaon Tarf Asawari Bk
MAHB0001842
SHOP NO. 7, 8, AND 9, MUKTAI COMPLEX, KARKHANA ROAD, PARGAON TARFE AWASARI BK., TAL. - AMBEGAON, DIST. - PUNE, MAHARASHTRA - 412406
Pashan
MAHB0001384
SHOP NO. 1, 2 & SHOWROOM NO. 3, ASHWAT BUILDING, SHIV SHAKTI CHOWK, SUS ROAD, PASHAN, PUNE - 411021
Pimpri Bk. Pune
MAHB0001074
KOHINOOR PLAZA, GAT NO 68, BHAM SANTOSH NAGAR, WAKI, BUDRUK, TAL-KHED,PUNE
Planning And Development
MAHB0009031
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Punawale
MAHB0002824
SHOP NO. 6, 7, AND 8, AARCON PUNWALE, TAL. - MULSHI, DIST. - PUNE, MAHARASHTRA - 411033
Pune - Bhavanipeth
MAHB0000028
169 KIRAD LANE, NEAR PALKHI CHOWK, BHAWANI PETH, PUNE
Pune - Pimpri
MAHB0000080
JANAMANGAL, MUMBAI PUNE ROAD, PIMPRI CHINCHWAD, 411018
Pune - Wakad
MAHB0001773
G-O SQUARE, SHOP NO. 4 B, A BUILDING, HINJEWADI WAKAD, PUNE
Pune Bavadhan
MAHB0001385
SR NO 52/1A, SHOP NO 10, PLOT NO 2, SANJAY GHODAWAT INSTITUTE BUILDING , MUMBAI BANGLORE HIGHWAY, BAVDHAN
Pune Hadapsar Ind. EState
MAHB0000081
SR. NO. 8, MEGA CENTRE, HADAPSAR , PUNE
Pune Kharadi
MAHB0001366
SHOP NO 2, SR NO 52/1/23 & SR NO 52/1/31, ARHAM APARTMENTS, NAGAR ROAD, KHARADI BYPASS, KHARADI, PUNE
Pune Nanded Phata
MAHB0001745
SHOP NO 7 & 8, POORVA SHRUSHTI, WADGAON KHURD , SINHGAD ROAD, PUNE
Pune Nigdi
MAHB0000601
NIRMAL GREEN, SHOP NO.1, N P LIFESTYLE OLD MUMBAI PUNE ROAD, NEAR PAWALE BRIDGE, NIGDI
Pune University Campus- Pune
MAHB0001355
PUNE UNIVERSITY CAMPUS, PUNE, NEAR MAIN BUILDING, ADMINISTRATIVE BLOCK
Pune- Baner
MAHB0001348
KAPIL CLASSIC, S. NO. 288, PUNE, HISSA NO. 1A/1,
Pune- FatimaNagar
MAHB0001444
VISHAL ENCLAVE, UNIT 4 and 5, SURVEY NO.12, WANOWRIE, FATIMA NAGAR, SHIVARKAR ROAD
Pune- LullaNagar
MAHB0001210
NEON MARUTI SERVICE STATION BLDG. WANVADI, PUNE, SALUNKE VIHAR ROAD
Pune- Mseb
MAHB0001431
MSEDCL COMPLEX, PUNE, RASTA PETH
Pune- Pimple Saudagar
MAHB0001443
DWARAKA LORDS, SURVEY NO.122, UNIT NO.1A,1,2 and 3, SHIVARI CHOWK
Pune- Pmc
MAHB0001430
PUNE MUNICIPAL CORPORATION COMPLEX, PUNE MUNICIPAL CORPORATION, SHIVAJI NAGAR
Pune- Vadgaon Budruk
MAHB0001159
CHAMANLAL COMPLEX, 17/1, MAHALAXMI SOC., SINGHAGAD RD, PUNE
Pune- Warje
MAHB0001349
FLY VIEW RESIDENCY, WARJE, PUNE, SHOPS 1 TO 6, SR. NO. 129,
Pune-akurdi
MAHB0000391
KALBHOR BLDG., NEAR TULJAI MANDIR, AKURDI, PIMPRI CHINCHWAD
Pune-aundh
MAHB0000118
PLOT NO 148-50-51, GROUND FLOOR, CHANCHAL APARTMENT, DP ROAD, SANGHAVI NAGAR, AUNDH
Pune-b.t.kawade Rd
MAHB0001716
Kawade Patil Corner, S.No.53/1 PUNE, B T Kawade Road
Pune-bajirao Road
MAHB0000001
1177, BAJIRAO ROAD, BUDHWAR PETH, PUNE
Pune-balbharati-s.b.road Branch
MAHB0001261
MAH. STATE BOARD OF TEXT BOOK PROD. BLDG, SENAPATI BAPAT RD, PUNE
Pune-balewadi
MAHB0001121
NATIONAL INSURANCE ACADEMY BLDG, BANER RD., BALEWADI, TEH. HAVELI
Pune-bhosarigaon
MAHB0000386
S.P.LANDE BLDG, LANDGEWADI BHOSARI GAON, PIMPRI CHINCHWAD 411026
Pune-bhusari Colony
MAHB0001208
S.NO.94/4 PLOT NO. 5/1, PAUD RD., BHUSARI COLONY, PUNE
Pune-bibwewadi
MAHB0000707
RENUKA, 687/A, ANIKET HOUSING SOCIETY 2, BIBWEWADI, PUNE
Pune-camp
MAHB0000076
KHUDA MURAD, 628-29 SACHAPIR STREET, CAMP, PUNE
Pune-charholi
MAHB0000766
Ground Floor, Vastu Shilp, Sr. No. 475/1, Charholi Budruk
Pune-chatushrungi
MAHB0000049
SAI CAPITAL BUILDING, OPP J W MARRIOT HOTEL, SENAPATI BAPAT ROAD, PUNE
Pune-chinchwad
MAHB0000127
SATISH CHAMBERS, STATION ROAD, CHINCHWAD, PIMPRI CHINCHWAD, DIST. PUNE, MAHARASHTRA - 411033
Pune-dapodi
MAHB0000114
Siddhi Tower, A wingShop no.6, Ganesh Nagar, Dapodi
Pune-deccan Gymkhana
MAHB0000003
PAWAR BLDG, J.M.ROAD, SHIVAJINAGAR, PUNE
Pune-dhankawadi
MAHB0000776
GULABNAGAP CO-OP. HSG.SOCY, DHANKAWADI, TEH. HAVELI
Pune-dr.d.y.patil Engg.college Br.
MAHB0001280
SHOP NO. 13,14,15, TULIP A-1, SUKHWANI CAMPUS, SANT TUKARAM NANGAR, PIMPRI, PUNE PIMPRI CHINCHWAD
Pune-erandavana
MAHB0000330
79/3, DR.KELKAR MARG, KAMALA NEHRU PARK, ERANDAWANA, PUNE
Pune-ganeshNagar.
MAHB0000756
CHINTAMANI ENCLAVE, SAMARTH PATH, GANESH NAGAR, PUNE
Pune-ghorpadi Bazar
MAHB0000184
31, SHIVA KRIPA, GHORPADI BAZAR, PUNE
Pune-guruwarpeth
MAHB0000185
R.K. MADIWALE BLDG, 193/94, GURUWAR PETH, PUNE
Pune-hi-tech Agri
MAHB0001142
RIYA BUILDING, OPP. P.L. DESHPANDE GARDEN, SINHGAD ROAD, PUNE
Pune-hinjawadi
MAHB0001367
SHOP NO. 5 AND 6, VANTAGE CAPITAL, HINJEWADI, DIST. - PUNE, MAHARASHTRA - 411057
Pune-indira Vasahat Bibwewadi
MAHB0001000
670 and 671, I. VASAHAT LOWER, PUNE, P.O. BIBWEWADI, TEH. HAVELI
Pune-industrial Finance
MAHB0000941
1183-A SADASHIV VILAS, F C ROAD, SHIVAJINAGAR, PUNE 411005
Pune-kalyaniNagar
MAHB0001223
FLORIANA ESTATE, 16/1 KALYANINAGAR, DUNKARK LANE
Pune-karve Nagar
MAHB0000970
25/29, SUVARNA BAUGH COLONY, KARVENAGAR, PUNE 411029
Pune-karve Road
MAHB0000116
25, AYURVED RASASHALA BLDG, KARVE ROAD, PUNE
Pune-kasarwadi
MAHB0000170
LANDGE BLDG, BOMBAY POONA RD, KASARWADI, PIMPRI CHINCHWAD 411034
Pune-kasba Peth
MAHB0000322
25 GANGOTRI, KASBA PETH, PUNE
Pune-katraj
MAHB0001413
KADAM PLAZA, OPP BHARATI VIDYPEETH POLICE STN.
Pune-kirkee
MAHB0000007
KIRKEE BUSINESS CENTRE, S.NO.134-B, PREMISES NO 7 and 8 KIRKEE, PUNEDR. BABASAHEB AMBEDKAR MARG OLD EPLHINST
Pune-kondhave Budruk
MAHB0000859
LAXMINIWAS BLDG WAGH BASTI, SURVEY NO. 103, KONDHWE BUDRUK, TEH HAVELI
Pune-kothrud
MAHB0000244
S.NO.1/3 4 5B, ANANDNILAY CO-OP.HSG.SOC., PUNE
Pune-masulkar Colony Pimpri
MAHB0001072
MASULKAR TOWER, MASULKAR COLONY, PIMPRI, PUNE 411018
Pune-mayur Colony
MAHB0000852
6, MAYUR COLONY, KARVE ROAD, KOTHRUD, PUNE
Pune-model Colony.
MAHB0000750
479/5, SADHANA, H.K.MANDIR PATH, MODEL COLONY, PUNE
Pune-modern College Road- Pune
MAHB0001328
PLOT NO.875, CTS NO.1186/A MODERN COLLEGE, PUNE, MODERN COLLEGE ROAD
Pune-mohamadwadi
MAHB0001615
Survey No 501 to 505, Nyati Chowk, Near Marath PUNE
Pune-mundhwa
MAHB0000135
S NO 59/3, KODRE BUILDING, PUNE
Pune-narayanpeth
MAHB0000154
568, KESARIWADA, NARAYAN PETH, PUNE 411030
Pune-navi Peth
MAHB0000102
F/P-720/6, NAVI PETH, SHASTRI MARG, PUNE 411030
Pune-navi Sangavi- Pune
MAHB0001484
Bhagyalaxmi Co-op. Housing Society Navi Sangavi, Pune Executive Corner , Shitole Nagar
Pune-nibm-kondhwa
MAHB0001124
NEXT TO NIBM, TEH HAVELI, DIST PUNE
Pune-overseas Branch
MAHB0001144
1183/A, SADASHIV VILAS, F.C. RD. SHIVAJINAGAR, PUNE
Pune-padmavati
MAHB0000315
SUSHILA DUTTA, SANGAM CO-OP. HSG, PADMAVATI, PUNE
Pune-parvati
MAHB0000158
PARVATI TOWERS, C.T.NO 82, PUNE
Pune-paud Phata
MAHB0000243
48, EX-SERVICEMEN COLONY, PAUD PHATA, ERANDAWANE, PUNE
Pune-pimpale Gurav- Pune
MAHB0001686
Trimurti Corner, Pawananagar PIMPLE GURAV, Trimurti Chowk
Pune-sahakar Nagar
MAHB0000321
PUNE VIDYARTHI GIRHA BLDG, SAHAKAR NAGAR, PUNE
Pune-salisbury Park
MAHB0000340
48/A DAIRUR APARTMENTS, SALTSBURY PARK RD, PUNE
Pune-sangamwadi
MAHB0000822
C.S.NO.14, PLOT NO. 174, D.P. RD, PUNE
Pune-shaniwar Peth
MAHB0000675
421/422, KAKASAHEB GADGIL ST, SHANIWAR PETH, PUNE
Pune-shankarshet Road
MAHB0000335
290/1, SHANKARSHET RD, P.JAWAHARLAL NEHRU MARG, PUNE
Pune-shivajiNagar
MAHB0000043
364/365/4, KASINATH PRASAD, SHIVAJINAGAR, PUNE
Pune-sinchan Bhavan
MAHB0001798
Sinchan Bhavan, Mangalwar Peth PUNE, Barne Road
Pune-somwarpeth
MAHB0000040
SHOP NO. 19 AND 20, GROUND FLOOR, OPPOSITE OLD ZILLA PARISHAD, ANTARIKSH TOWER, SOMWARPETH, PUNE, MAHARASHTRA - 411011
Pune-ssi Branch
MAHB0001140
POONAM PLAZA, MARKET YARD, OPP. KAMAL NURSING HOME, PUNE
Pune-swargate
MAHB0000100
1027, SHUKRAWAR PETH, KONDAN BHAVAN, SWARGATE, NEAR SWARGATE CORNER, TILAK ROAD, PUNE
Pune-t.m.v.colony
MAHB0000320
425/1, MANGAL DEEP, V.SAVARKAR MARG, TMV COLONY, PUNE
Pune-thergaon
MAHB0000853
SHASHI LAXMAN, SR.NO. 49/2A/17, NEAR PANDIT PETROL PUMP, THERGAON, TATHAWADE
Pune-tilak Road
MAHB0000041
S.P.COLLEGE COMPOUND, TILAK ROAD, PUNE
Pune-vadgaon Sheri
MAHB0000954
LALWANI HEIGHTS, S. NO.22, SAINIKWADI, OPP VITTHLANJAN KARYALAY, VADGAON SHERI
Pune-vimanNagar
MAHB0001344
LALWANI REGENCY, SHOP NO-1 and 2, SURVEY NO. 33 ,HISSA NO-1
Pune-vishrantwadi
MAHB0000313
DATARA BHAWAN, 113/4, VISHRANTWADI, PUNE
Pune-yamunaNagar Nigdi
MAHB0001132
SEC. 81, PLOT NO. 171, MUTHA CORNER, YAMUNANAGAR, PUNE, P.O.NIGDI 411044
Pune-yeravada
MAHB0000333
DR. GUGLE BLDG, 1137/D, PUNE-NAGAR RD, YERAVADA, PUNE
Rajbhasha
MAHB0009032
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Recovery And Samv
MAHB0009033
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Riverdale Grove Kharadi
MAHB0002822
SHOP NO. 12, RIVERSIDE GROVE, KHARADI, PUNE, DIST. - PUNE, MAHARASHTRA - 411014
Saswad
MAHB0000462
GROUND FLOOR, HOTEL PRESIDENT, OPPOSITE S. T. STAND, HADAPSAR - JEJURI ROAD, SASWAD, TAL. - PURANDAR, DIST.- PUNE, MAHARASHTRA-412301
Security And Cash Management
MAHB0009034
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Service Branch
MAHB0001004
JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002
Shivane UttamNagar
MAHB0002304
LAXMI CORNER, SURVEY NO.6/2, NDA ROAD, DESHMUKHWADI, SHIVANE, PUNE-411023
Slbc
MAHB0009035
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Somathane Phata
MAHB0001888
H. NO. 552 WARD NO. 2, SHIRGAON ROAD, SOMATANE
Startup Branch Pune
MAHB0002371
YASHOMANGAL 1183-A ,SHIVAJINAGAR FC ROAD,PUNE ,411005
Strategic Data Management Vertical
MAHB0009040
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Strategy Vertical
MAHB0009038
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Stressed Asset Management Branch Pune
MAHB0001446
YASHOMANGAL , 1183 SHIVAJINAGAR, F.C. ROAD, PUNE 411005
Sus
MAHB0001945
ANANDI PLAZA, NEAR GRAMPANCHAYAT OFFICE
Vigilance
MAHB0009036
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Wadki
MAHB0001753
Modak s Building, 10th Mile WADKI, Pune-Saswad Road
What are Bank Of Maharashtra IFSC Codes?
The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.
The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.
How to Read the Structure of the Bank Of Maharashtra IFSC Code
The IFSC code is an 11-character code consisting of three distinct elements:
- First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
- Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
- Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.
Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.
How to Locate an Bank Of Maharashtra IFSC Code
Locating an IFSC code is relatively straightforward and can be done using any of the following methods:
- Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
- Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
- Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
- Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
- Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
- RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.
Importance of IFSC Code in Fund Transfers
The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:
- NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
- RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
- IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
- Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.
Benefits of Using IFSC Code
Here are the main benefits of IFSC codes you must know:
- Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
- Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
- Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.
Procedure to Perform Bank Of Maharashtra Fund Transfer Using IFSC Code
Fund transfer using an IFSC code is a simple yet vital process:
- Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
- Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
- Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
- Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
- Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.
How to Open a Bank Of Maharashtra Bank Account
Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:
Eligibility Criteria
- Any citizen over 18 years old is eligible to open a bank account.
- In the case of minors, parents or guardians can open an account on their behalf.
- Non-residents are also eligible, provided they fulfill certain conditions established by the banks.
Required Documents
- Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
- Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
- PAN Card: A PAN card is required for tax compliance.
- Passport Size Photographs: Usually, two to three recent photographs are needed.
- Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.
Process to Open an Account
- Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
- Fill Out the Form: Complete the account opening form with your personal information.
- Submit Documents: Provide documents verifying your identity and address.
- Initial Deposit: Make an initial deposit if required by the specific type of account.
- Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
- Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.
Loan EMI Calculator: Importance and Types
For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.
Loan Calculators
- Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
- Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
EMI Calculators
- EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 Years: Estimates returns over a 15-year period.
- PPF Calculator 30 Years: Projects returns over a 30-year period.
Conclusion
An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.
Frequently Asked Questions (FAQs)
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.
The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.
You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.
Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.
In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.
No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.
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