Bank of Maharashtra IFSC Code MAHB0000842

Bank of Maharashtra – UGAON

IFSC Code: MAHB0000842

MICR Code: 422014032

Branch: UGAON

Bank: Bank of Maharashtra

Address: TAL. NIPHAD. DIST.NASIK

District: NASIK

State: MAHARASHTRA

Contact: +912550244173

Indian Financial System Code (IFSC): MAHB0000842

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 000842. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 422014032

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.