IFSC and MICR Code For Bank Of Maharashtra Basheerbagh Hyderabad

Choose Branch

Bank Of Maharashtra
Andhra Pradesh
Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chandigarh
Chhattisgarh
Dadra And Nagar Haveli
Daman And Diu
Delhi
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu And Kashmir
Jharkhand
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mizoram
Nagaland
Odisha
Puducherry
Punjab
Rajasthan
Sikkim
Tamil Nadu
Tripura
Uttar Pradesh
Uttarakhand
West Bengal
Hyderabad
Adilabad
Anakapalle
Bhimavaram
Eluru
Gajuwaka
Gimma Khurd
Gudihatnoor
Guntur
Hyderabad
Jainad
Kakinada
Karimnagar
Khammam
Kukatpally
Madhapur
Mahbubnagar
Nellore
Nizamabad
Ongole
Ponkal
Rajahmundry
Ravulapalem
Sarpawaram
Seri Lingampally
Suryapet
Talamadugu
Thullur
Tirupati
Vijayawada
Visakhapatnam
Warangal
Basheerbagh Hyderabad
Vanasthalipuram
Balapur
Kothapet
Ecil Rd Kapra Hyderabad
Kukatpally Hyderabad
Agri Hi Tech Hyderabad
Champapet Hyderabad
Service Branch Hyderabad
Jambagh Hyderabad
Safilguda Hyderabad
Khairatabad Hyderabad
Basheerbagh Hyderabad
Secunderabad Hyderabad
Kachiguda Hyderabad
Sultan Bazar Hyderabad
IFSC Code MAHB0000565  
BankBANK OF MAHARASHTRABANK OF MAHARASHTRA
Address3-5-826,SHAHNAZ JEDDY ARCADE,NEAR CAFE BAHAR, HYDERABAD - 500 029
CityHYDERABAD
StateANDHRA PRADESH
BranchBASHEERBAGH HYDERABAD
Phone Nuber232444424
Branch Code001586
Micr Code500014003
Read More
Read Less

About Bank Of Maharashtra

Bank Of Maharashtra, , Basheerbagh Hyderabad IFSC code is MAHB0000565 & its MICR code is 500014003. Find Bank Of Maharashtra, , Basheerbagh Hyderabad new address, contact details and branch code below

Also explore and search bank details, IFSC code and MICR code with Homes247 tool for Bank Of Maharashtra IFSC codes

NEFT

National Electronic Funds Transfer

IMPS

Immediate Payment Service

RTGS

Real-Time Gross Settlement

IFSC codes in India are used for these three primary services. IFSC also helps in the Unified Payments Interface or UPI payment system as well.

An example of an IFSC Code will be SBIN0000AABB. Where the first four denote the bank, in this instance, SBI, and the last would be the branch.

How to find out the IFSC code?

One of the simplest ways to find out the IFSC code is by searching online. You can quickly source the branch codes through the reserve bank's official website or the bank's official website. It can also be found on the bank cheques or bank passbooks.

Advantage of IFSC codes?

IFSC code helps identify the right branches and banks, thereby eradicating errors.

What is MICR?

MICR, or Magnetic Ink Character Recognition, is a code that helps in processing the cheques faster by identifying the particular bank branch through Electronic Clearing System or ECR. MICR is printed on the cheques issued by the banks.

What is the structure of the MICR code?

MICR code contains 9 digits where the first three signifies the city, the second three digits indicates the bank (bank code), and the final three indicates the bank branch

What are the major differences between a IFSC code and MICR code?
IFSC CodeMICR Code
The purpose of IFSC code is to help facilitate electronic transfer of fundsMICR code's purpose is to process cheques faster through ECR
IFSC codes has 11 alpha numeric charactersMICR has 9 digit code
The first 4 characters of IFSC is the Bank's codeThe bank is signified by the 4th, 5th and 6th digits of the code

Trending Blogs

Most Frequently Asked Questions?

Let's Explore the Most Frequently Asked Questions on IFSC & MICR

Indian Financial System Code is the expanded form of the IFSC code.

We can identify the Bank from the first 4 characters of the IFSC code.

An IFSC code contains alphanumeric characters.

An IFSC code contains alphanumeric characters.

The major parts of the IFSC code are the bank code and branch code.

A SWIFT code is used for transferring funds on an International level.

The major electronic payment systems in India are NEFT, RTGS, IMPS, and UPI.

The Reserve Bank of India provides a unique 11-digit IFSC code to the banks.

There is no minimum amount you can transfer under NEFT under retail banking and corporate banking

The maximum amount you can transfer under NEFT under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.

INR 2 lakhs is the amount you can transfer under RTGS under retail banking.

The maximum amount you can transfer under RTGS under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.

In a vast country like India, there are numerous cities and towns with the same name, some of them even in the same district. Thus to correctly identify the right or the proper branch, IFSC codes can help out easily by dedicating a specific code for each branch.

Entertainment Blogs

 EXPERIENCE OUR APP NOW

playStoreImage

playStoreImage

+91 9164247247 (9:30 AM - 7:30 PM)
e-mail : enquiry@homes247.in

Stay Connected

Copyright © 2017 VSNAP Technology Solutions Pvt Ltd | All Rights Reserved.