IFSC Code MAHB0001447:

Overview of MAHB0001447

The IFSC code MAHB0001447 is associated with the Mumbai Stressed Asset Management Branch , Mumbai Branch of Bank of Maharashtra. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many Bank of Maharashtra branches that cater to the banking needs of the local residents. The code "MAHB" in MAHB0001447 represents Bank of Maharashtra Bank, while 0001447 signifies the unique branch code for Stressed Asset Management Branch , Mumbai.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like MAHB0001447, for the Stressed Asset Management Branch , Mumbai Branch, cannot be overstated. It acts as an address that identifies both the Bank of Maharashtra and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into MAHB0001447

The IFSC code MAHB0001447 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Bank of Maharashtra in Mumbai. Let's break down the details:

• IFSC Code (MAHB0001447): This unique code is essential for electronic fund transfers. The first four characters "MAHB" represent the bank's name, Bank of Maharashtra. The last six characters "0001447" are a unique identifier for the Stressed Asset Management Branch , Mumbai branch.
• Bank Name (Bank of Maharashtra): One of [country]'s leading banks, Bank of Maharashtra offers a wide range of banking products and financial services to its vast customer base.
• Address (Janmangal Building, 4 th Floor, Mumbai Samachar Marg, Fort, Mumbai 400001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
• City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
• Branch (Stressed Asset Management Branch , Mumbai): The [AREA_NAME] area in Mumbai is a hub of activity, and the Bank of Maharashtra branch here caters to both individual and business banking needs.
• Phone Number (+912226400860): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.