Bank of Maharashtra IFSC Code

List of Bank of Maharashtra IFSC Code, MICR Code and Addresses of all Branches in India

Find Bank of Maharashtra IFSC Code for Banks in India

List of Bank of Maharashtra IFSC Code By Popular Cities

Bank of Maharastra New Delhi IFSC Code & MICR Code

Bank: Bank of Maharastra(BOM)

IFSC Code: MAHB0000343

MICR Code: 110014003

Branch: Connaught Place

District: Delhi

State: New Delhi

Address: Maharashtra Bank, Bldg. B-29, Connaught Place, New Delhi

Bank of Maharastra Karnataka IFSC Code & MICR Code

Bank: Bank of Maharastra(BOM)

IFSC Code: MAHB0000304

MICR Code: 560014002

Branch: City Market

District: Bangalore Urban

State: Karnataka

Address: 13, Paxal Towes, K R Road Fort, City Market, Bangalore, Karnataka

Bank of Maharastra Maharastra IFSC Code & MICR Code

Bank: Bank of Maharastra(BOM)

IFSC Code: MAHB0000840

MICR Code: 400014062

Branch: Bandra West

District: Greater Mumbai

State: Maharashtra

Address: 16th Cross, Elavia Apt., 33rd Road, Greater Mumbai, Maharashtra

Bank of Maharastra West Bengal IFSC & MICR Code

Bank: Bank of Maharastra(BOM)

IFSC Code: MAHB0000949

MICR Code: 700014011

Branch: M G Road

District: Kolkata

State: West Bengal

Address: 161, M G Road, 1st Floor, Kolkata, West Bengal

IFSC Code of Bank of Maharashtra

Indian Financial System Code is abbreviated as IFSC code. It is a unique code that contains 11-digit alphanumeric code, which is utilized for online funds transfer through National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS, and Immediate Payment Service (IMPS). With its unique combination, the IFSC code helps in eliminating any scope of errors that may arise during the fund transfers.

The IFSC code is imperative for inter-bank money transfers. Without the IFSC code, one cannot initiate the online financial transaction as this code IFSC helps in determining the beneficiary’s bank branch where the money has to be transferred. Bank of Maharashtra IFSC Code can be easily found on the cheque leaf and also online on the bank’s and RBI’s website.

About Bank of Maharashtra

Bank of Maharashtra commenced its operations in the year 1935. Now it is known as one of the largest Public sector banks with 1,375 branches across India. The bank has a widespread network of 345 ATMs. The Bank has been felicitated with several awards for its excellent banking products and services. Bank of Maharashtra also enables Mobile Baking with its new Mobile Banking App – MahaMobile.

How to Find Bank of Maharashtra IFSC Code and MICR Code Online?

Bank of Maharashtra IFSC Code can be easily found on the RBI’s website and also on the bank’s official website. You can find the list of all the Bank of Maharashtra branches online on the basis of its IFSC Code. The steps that you can follow are listed below:

  • Select the Bank of Maharashtra branch
  • State where the branch is located
  • Name of the District
  • Area
  • And it will display the Bank of Maharashtra IFSC Code of all the branches

How to Find Bank of Maharashtra IFSC Code and MICR Code Offline?

Those who are finding it offline can check the Bank of Maharashtra cheque book and the passbook.

Bank of Maharashtra IFSC Code

Information Required for Transferring Funds with Bank of Maharashtra

To initiate online transactions you need to furnish the following information:

  • Sum to Be Transferred
  • Name of the Payee
  • Payee’s Account Number
  • Payee’s Bank Name
  • Sender to receiver information, if any

How to Transfer Funds using Bank of Maharashtra NEFT, RTGS, IMPS Processes?

There are different modes of online transfer namely NEFT, IMPS, and RTGS. One can easily transfer money from one bank account to another through digital platforms within the same bank or to other bank branches.

NEFT

National Electronic Funds Transfer (NEFT) enables firms, individuals, and corporates to transfer the money electronically from one bank account to another account. Both the current account and saving account holders are eligible to transfer funds through RTGS and NEFT.

RTGS

Real-Time Gross Settlement, allows the sender to transfer funds above Rs.2 lakh to the payee’s account. The amount is settled on a real-time basis. It is considered as one of the fastest methods of transferring money through banking channel. There is no waiting period and the settlements are done in real-time.

IMPS

Immediate Payment Service offers an instant inter-bank e-transfer system service across. The funds can be transferred online from one bank account to another through the internet, mobile phones, and ATM.  India. IMPS is available 24*7 unlike other modes of funds transfer. You can also transfer funds through Bank of Maharashtra Mobile Banking App i.e. MAHAMOBILE.

Bank of Maharashtra NEFT/RTGS Timings and Charges

The NEFT and RTGS facility enables people to transfer funds from one bank account to another across all the bank branches that support RTGS and NEFT facility. All the branches of Bank of Maharashtra are NEFT and RTGS enabled. The funds can be easily transferred using the Internet Banking facility.  

The table below mentions the RTGS and NEFT transaction timing and slots:

Particulars RTGS NEFT
Customer Transactions Monday to Saturday from 8.00 AM to 4.30 PM Monday to Saturday from 8.00 AM to 7.00 PM
Inter-bank Transactions Monday to Saturday from 8.00 AM to 7.40 PM -

NEFT transactions are settled every hour during the above-mentioned time slot.  And every 2nd & 4th Saturday and Sundays are a holiday for the bank transactions.

RTGS enables both Customer and Inter-Bank transactions. Whereas, NEFT permits only Customer transactions.

RTGS Transaction Charges

As per the RBI guidelines, there is a time-varying tariff on all the outgoing RTGS customer transactions as specified in the table below. These rates are w.e.f. 01.02.2016:

Time of Settlement at RBI Time Band Charges Per Transaction (Rs.)
09.00 AM to 12.00 PM Nil
After 12.00 Noon to 03.30 PM 1.00
After 03.30 PM to 05.30 PM 5.00
After 05.30 PM 10.00

Service Charges on NEFT transactions as revised w.e.f. 01.02.2016

Particulars Service Charges
Inward Nil
Outward
Less than INR 1 lakh NIL
INR 1 lakh INR 2 lakh INR 15 for each transaction
Above INR 2 lakh INR 25 for each transaction

Bank of Maharashtra IFSC Code - FAQs

Q1. Why is Bank of Maharashtra IFSC code required for online transactions?

Ans: Bank of Maharashtra IFSC code is required to initiate all the electronic transactions. This code is used to identify the recipient bank branch that is participating in the RTGS or NEFT transactions.

Q2. Is it easy to find the Bank of Maharashtra IFSC code offline?

Ans: Bank of Maharashtra IFSC code is available offline on the bank’s passbook and cheque book.

Q3. Is it easy to find the Bank of Maharashtra IFSC code online?

Ans: Yes, you can easily find Bank of Maharashtra IFSC code online on Bank of Maharashtra’s official website and the Reserve Bank of India website.

Q4. Can IFSC code of two Bank of Maharashtra branches be the same?

Ans: Bank of Maharashtra IFSC code of two branches is different. It is a unique code, which is unique to all the bank branches.

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