Latest details of Bank: Bank Of Maharashtra
MADHURWADA BANK OF MAHARASHTRA
MADHURWADA
MIG-587, MITHILAPURI, VUDAA COLONY, MADHURWADA, VISAKHAPATNAM-530041
3501126
IFSC: MAHB0002345
NANDYAL BANK OF MAHARASHTRA
NANDYAL
STREET NO.25, MSR COMPLEX, WARD NO.25, NANDYAL-518501
8248670549
IFSC: MAHB0002346
KANKER BANK OF MAHARASHTRA
KANKER
ALBELA PARA, NEAR PG COLLEGE, KANKER, CHHATTISGARH-494334
9109240311
IFSC: MAHB0002347
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
