Bank of Maharashtra IFSC Code MAHB0000531

Bank of Maharashtra – KOLAK

IFSC Code: MAHB0000531

MICR Code: 396014501

Branch: KOLAK

Bank: Bank of Maharashtra

Address: PITRU CHHAYA, HARIBHAI PATEL BUILDING,VIA UDAWADA (R.S.), KOLAK, DIST. VALSAD, GUJARAT – 396115

District: VALSAD

State: GUJARAT

Contact: +912602345515

Indian Financial System Code (IFSC): MAHB0000531

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000531. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 396014501

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.