Bank of Maharashtra
LAXMI NAGAR BRANCH
+919711979401
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 LAXMI NAGAR
branch of Bank of Maharashtra, the code MAHB0002626 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 MAHB0002626 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 LAXMI NAGAR
Payment Systems Supported by MAHB0002626
| 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—110014052—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 NEW DELHI typically follows the RBI holiday calendar. Digital transfers via MAHB0002626 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 MAHB0002626 is the valid code for LAXMI NAGAR at NEW DELHI, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Bank of Maharashtra Branch List
- • NEW DELHI IFSC Codes
- • Swift Code for Bank of Maharashtra
- • Bank Holiday in DELHI
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • LAXMI NAGAR Contact
- • Address of Bank of Maharashtra
- • MICR Code Finder
- • DELHI Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Bank of Maharashtra MAHB0002626 code, find LAXMI NAGAR branch details, Bank of Maharashtra NEW DELHI contact number, DELHI bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Bank of Maharashtra NEW DELHI, online neft rtgs imps guide india, how to find ifsc code of Bank of Maharashtra.