Bank of Maharashtra, MOHALI PUNJAB BRANCH

Here is the IFSC & MICR Codes of Bank of Maharashtra, MOHALI PUNJAB BRANCH, SAHIBZADA AJIT SINGH NAGAR, PUNJAB. Also get the latest address, contact number of Bank of Maharashtra, MOHALI PUNJAB BRANCH.

IFSC Code: MAHB0001245
Branch: MOHALI PUNJAB BRANCH
Address: SCF 60, PHASE II, SAS NAGAR MOHALI , MOHALI-160062
Bank Code: MAHB
MICR: 160014003

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Frequently asked questions

What's the IFSC Code of MOHALI PUNJAB BRANCH, Bank of Maharashtra?: The IFSC Code of MOHALI PUNJAB BRANCH, Bank of Maharashtra is MAHB0001245.
What's the Address of MOHALI PUNJAB BRANCH, Bank of Maharashtra?: The Address of MOHALI PUNJAB BRANCH, Bank of Maharashtra is SCF 60, PHASE II, SAS NAGAR MOHALI , MOHALI-160062.
What's the MICR Code of MOHALI PUNJAB BRANCH, Bank of Maharashtra?: The MICR Code of MOHALI PUNJAB BRANCH, Bank of Maharashtra is 160014003.
What's the District MOHALI PUNJAB BRANCH, Bank of Maharashtra falls under?: The District MOHALI PUNJAB BRANCH, Bank of Maharashtra falls under is SAS NAGAR MOHALI.

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).