Bank of Maharashtra
RATNAGIRI CITY BRANCH
+918956350535
Understanding IFSC Code: The Digital DNA of Bank of Maharashtra
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the RATNAGIRI CITY
branch of Bank of Maharashtra, the code MAHB0000008 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the MAHB0000008 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"MAHB" represents Bank of Maharashtra
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for RATNAGIRI CITY
Payment Systems Supported by MAHB0000008
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—415014007—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Bank of Maharashtra in RATNAGIRI typically follows the RBI holiday calendar. Digital transfers via MAHB0000008 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While MAHB0000008 is the valid code for RATNAGIRI CITY at RATNAGIRI, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Bank of Maharashtra Branch List
- • RATNAGIRI IFSC Codes
- • Swift Code for Bank of Maharashtra
- • Bank Holiday in MAHARASHTRA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • RATNAGIRI CITY Contact
- • Address of Bank of Maharashtra
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Bank of Maharashtra MAHB0000008 code, find RATNAGIRI CITY branch details, Bank of Maharashtra RATNAGIRI contact number, MAHARASHTRA bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Bank of Maharashtra RATNAGIRI, online neft rtgs imps guide india, how to find ifsc code of Bank of Maharashtra.