Bank of Maharashtra, SHIVAMOGGA, SHIVAMOGGA Branch IFSC Code

The IFSC code MAHB0001961 is assigned to Bank of Maharashtra, SHIVAMOGGA located in SHIVAMOGGA, KARNATAKA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Bank of Maharashtra
IFSC Code MAHB0001961
MICR Code 577014202
Branch Code 001961
Branch SHIVAMOGGA
City SHIVAMOGGA
District SHIVAMOGGA
State KARNATAKA
Address 303/528, SHANTALA TOWER, NEHRU ROAD3RD CROSS GARDEN AREA, KARNATAKA, SHIVAMOGGA Maps
Contact +918956939458

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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)
001961 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.

577 City Code
014 Bank Code
202 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 MAHB0001961 is the Indian Financial System Code assigned to Bank of Maharashtra, SHIVAMOGGA branch in SHIVAMOGGA, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SHIVAMOGGA, SHIVAMOGGA, KARNATAKA. The full address is: 303/528, SHANTALA TOWER, NEHRU ROAD3RD CROSS GARDEN AREA, KARNATAKA, SHIVAMOGGA

The branch code is 001961. 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 577014202. 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: MAHB0001961
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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