Bank of Maharashtra, KHARAGPUR, PASCHIM MEDINIPUR Branch IFSC Code

The IFSC code MAHB0001598 is assigned to Bank of Maharashtra, KHARAGPUR located in PASCHIM MEDINIPUR, WEST BENGAL. 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 MAHB0001598
MICR Code 721014102
Branch Code 001598
Branch KHARAGPUR
City PASCHIM MEDINIPUR
District KHARAGPUR
State WEST BENGAL
Address DIVIL DEFENCE ROAD, OFF OT MAIN RD, KHARAGPUR Maps
Contact +917596032744

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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)
001598 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.

721 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 MAHB0001598 is the Indian Financial System Code assigned to Bank of Maharashtra, KHARAGPUR branch in PASCHIM MEDINIPUR, WEST BENGAL. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PASCHIM MEDINIPUR, KHARAGPUR, WEST BENGAL. The full address is: DIVIL DEFENCE ROAD, OFF OT MAIN RD, KHARAGPUR

The branch code is 001598. 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 721014102. 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: MAHB0001598
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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