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Bank of Maharashtra

Here is the IFSC & MICR Codes of Bank of Maharashtra, KATOL, MURTI, MAHARASHTRA. Also get the latest address, contact number of Bank of Maharashtra, KATOL.

Branch: KATOL
Address: PRABHU COMPLEX, H/O P P JOSHI,NEAR BUS STAND, KATOL ROAD,441302
Contact: +917112222990
Bank Code: MAHB
MICR: 440014502
IFSC Code: MAHB0000843

Frequently asked questions

What's the IFSC Code of KATOL, Bank of Maharashtra?: The IFSC Code of KATOL, Bank of Maharashtra is MAHB0000843.
What's the Address of KATOL, Bank of Maharashtra?: The Address of KATOL, Bank of Maharashtra is PRABHU COMPLEX, H/O P P JOSHI,NEAR BUS STAND, KATOL ROAD,441302.
What's the MICR Code of KATOL, Bank of Maharashtra?: The MICR Code of KATOL, Bank of Maharashtra is 440014502.
What's the Contact of KATOL, Bank of Maharashtra?: The Contact of KATOL, Bank of Maharashtra is +917112222990.
What's the District KATOL, Bank of Maharashtra falls under?: The District KATOL, Bank of Maharashtra falls under is NAGPUR.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).