Bank of Maharashtra, ANAKAPALLE, ANAKAPALLI Branch IFSC Code

The IFSC code MAHB0000524 is assigned to Bank of Maharashtra, ANAKAPALLE located in ANAKAPALLI, ANDHRA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Bank of Maharashtra
IFSC Code MAHB0000524
MICR Code 530014102
Branch Code 000524
Branch ANAKAPALLE
City ANAKAPALLI
District ANAKAPALLE
State ANDHRA PRADESH
Address 4-2-2, GOGULA, RAJU COMPLEX, ANAKAPALLE Maps
Contact +919010006807

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

MAHB Bank Code
0 Reserved (0)
000524 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

530 City Code
014 Bank Code
102 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code MAHB0000524 is the Indian Financial System Code assigned to Bank of Maharashtra, ANAKAPALLE branch in ANAKAPALLI, ANDHRA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in ANAKAPALLI, ANAKAPALLE, ANDHRA PRADESH. The full address is: 4-2-2, GOGULA, RAJU COMPLEX, ANAKAPALLE

The branch code is 000524. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Bank of Maharashtra.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 530014102. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: MAHB0000524
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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