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Bank of Maharashtra IFSC Code MAHB0000606

HomeIFSC CodesBank of MaharashtraMAHB0000606

Bank of Maharashtra – PARASIA

IFSC Code: MAHB0000606

MICR Code: 480014003

Branch: PARASIA

Bank: Bank of Maharashtra

Address: OPPOSITE LIC OFFICE, PARASIA DIST. CHINDWARA

District: CHHINDWARA

State: MADHYA PRADESH

Contact: +917161220191

Indian Financial System Code (IFSC): MAHB0000606

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 000606. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 480014003

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.

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