Bank Of Maharashtra has 4 branches in Vishakhapatnam like Visakhapatnam , Murali Nagar , Gajuwaka , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Bank Of Maharashtra in Vishakhapatnam

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Visakhapatnam Binayak Complex', Dabagardens, Visakhapatnam 530 020 MAHB0000398 530014001 Bank Of Maharashtra Vishakhapatnam Andhra Pradesh
Murali Nagar Door No: 39-6-47, Ward No: 41,Murali Nagar Branch,
Visakhapatnam-530007
MAHB0001314 530 014 002 Bank Of Maharashtra Vishakhapatnam Andhra Pradesh
Gajuwaka 26-17-15, Chinnagentyada, Near R K Hospital,Gajuwaka,
Visakhapatnam-530026
MAHB0001333 530 014 003 Bank Of Maharashtra Vishakhapatnam Andhra Pradesh
Anakapalli 4-2-2,Gogula Raju Complex,Anakapalle-531001 MAHB0000524 530014101 Bank Of Maharashtra Vishakhapatnam Andhra Pradesh

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.