Bank of Maharashtra, RAJAM, VIZIANAGARAM Branch IFSC Code

The IFSC code MAHB0002742 is assigned to Bank of Maharashtra, RAJAM located in VIZIANAGARAM, ANDHRA PRADESH. 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 MAHB0002742
MICR Code 532014004
Branch Code 002742
Branch RAJAM
City VIZIANAGARAM
District RAJAM
State ANDHRA PRADESH
Address GMR INSTITUTE OF TECHNOLOGY, GMR NAGAR, RAJAM, DIST- VIZIANAGARAM, ANDHRA PRADESH - 532127 Maps
Contact +919912018499

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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)
002742 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.

532 City Code
014 Bank Code
004 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 MAHB0002742 is the Indian Financial System Code assigned to Bank of Maharashtra, RAJAM branch in VIZIANAGARAM, ANDHRA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in VIZIANAGARAM, RAJAM, ANDHRA PRADESH. The full address is: GMR INSTITUTE OF TECHNOLOGY, GMR NAGAR, RAJAM, DIST- VIZIANAGARAM, ANDHRA PRADESH - 532127

The branch code is 002742. 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 532014004. 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: MAHB0002742
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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