IFSC Code: Mahb0001045

Bank: Bank of Maharashtra
IFSC Code: Mahb0001045
MICR Code: 416014011
Address: Parivartan, Pawar Building, Tarabai Park, Kolhapur 416
City: Kolhapur
District: Kolhapur
State: Maharashtra

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Mahb0001045.

  • In our case IFSC code's first four characters Mahb represents bank Bank of Maharashtra.
  • Remaining characters which are 0001045 represents branch. In our case branch is located at address Parivartan, Pawar Building, Tarabai Park, Kolhapur 416.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.