Bank of Maharashtra IFSC Code MAHB0002057

Bank of Maharashtra – SANGAREDDY

IFSC Code: MAHB0002057

MICR Code: 502014002

Branch: SANGAREDDY

Bank: Bank of Maharashtra

Address: H NO.5-1-105/2, SIDDHARTHA NAGAR, SANGAREDDY DIST- SANGAREDDY, TELANGANA-502001

District: SANGAREDDY

State: TELANGANA

Contact:

Indian Financial System Code (IFSC): MAHB0002057

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 002057. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 502014002

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.