Bank of Maharashtra IFSC code & MICR code

The IFSC and MICR codes of the bank can be found on the official website of the Bank of Maharashtra. It can also be found on the leaflets of their cheque books.

You can also find this information on other websites which show the information of all the banks in India at one shot for free. Websites like BankBazaar is an example of such a site which provide both the IFSC and MICR codes of all banks in one place.

It is a simple task to use BankBazaar to find this information:

• Visit the website, scroll down the homepage, find the 'Bank IFSC Code' tab and click on it.
• You will be directed to another page where you will have to select from certain information from the drop down menus.
• In the 'Select Bank' drop down options, you must choose 'Bank of Maharashtra'. There are also drop down options available for 'Select State', 'Select District' and 'Select Branch'. You may choose the options that are appropriate for you. As soon as you select the mentioned information, the codes will be generated by BankBazaar.
• You can also choose to browse through the list of banks which are provided on the same page and find the bank manually to get the IFSC code.

How to Transfer Money using the Bank of Maharashtra NEFT and RTGS?

It is a hassle-free, simple process to transfer money using the Bank of Maharashtra NEFT and RTGS services. Look no further for a secure and reliable way to transfer funds from one bank account to another.

Understanding National Electronic Funds Transfer (NEFT):

The NEFT facility can be used by all the customers to make fund transfers from one bank to another at any of the Bank of Maharashtra branches. Internet Banking Customers of Bank of Maharashtra can also use the NEFT funds transfer facility. You can avail the service on weekdays between 9 am and 7 pm. On Saturdays the service is available between 9 am and 1 pm. You will be charged a small fee to use the NEFT service. NEFT service is permitted only for Customer transactions, while RTGS permits both Customer and Inter-Bank transactions.

You will need the following information to use NEFT service at the Bank of Maharashtra:

1. The name of the receiver
2. The name of the receiver's bank and branch
3. The receiver's account number
4. The IFSC code of the receiver's bank branch
5. The amount to be transferred

Following are the Service Charges on NEFT transactions are revised as under w.e.f. 01.09.2013

Inward transactions will not be charged.

Understanding Real Time Gross Settlement System (RTGS):

The RTGS service is the fastest method to transfer money. You can expect the processing to begin as soon as your request reaches the bank. You will be charged a small fee for this service.

For Customer Transactions, the RTGS service is available on weekdays between 9.00 AM and 4.30 PM for settlement at RBI. On Saturdays, the service is available between 9.00 AM and 1.30 PM for settlement at RBI. For Inter-Bank Transactions, the RTGS service is available on weekdays between 9.00 AM and 6 PM for settlement at RBI. On Saturdays, the service is available between 9.00 AM and 3 PM for settlement at RBI.

You will need the following information to use RTGS service at the Bank of Maharashtra:

1. The receiver's name
2. The receiver's bank and branch name
3. IFSC Code of the receiver's bank
4. The transfer amount
5. The receiver's account number
6. A remark for the receiver, if any

The following are the charges for availing the RTGS service (for outward transactions) at Bank of Maharashtra:

Inward transactions will not be charged.

About Bank of Maharashtra:

Founded in 1935 by a group of visionaries led by the late D. K. Sathe and the late V. G. Kale, Bank of Maharashtra has flourished into one of the largest public sector banks in India today. The bank's headquarter is located in Pune and it has over 1868 branches around the country which serves over 15 million customers. The government of India holds 81.61% of the total shares of the bank.

Other Major Banks IFSC Code: