Bank of Maharashtra is a public sector bank with the Government of India holding the majority stake of approximately 80%. The bank has largest network of branches which is over 1800 branches.
The bank offers various types of retail and corporate banking services and products such as:
IFSC Code of Bank of Maharashtra, Jaipur
Reserve Bank of India (RBI) has launched IFSC codes which stand for Indian Financial System Code. This code was introduced by the RBI in order to ensure security and safety of the transactions. IFSC Code also helps in indentifying the bank and branch where the account of the beneficiary is held. RBI has also mandated IFSC code for different bank transactions. The Bank Of Maharashtra IFSC Code helps in recognizing bank and its branches separately. The IFSC Codes follow two payment and settlement systems in India which are as follows:
- RTGS (Real Time Gross Settlement)
- NEFT (National Electronic Fund Transfer)
IFSC Code is 11- digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.
In IFS Code
- First four characters identify the bank name i.e. MAHB
- The fifth character is always 0
- And the last character represents the branch address i.e. 000380
[The IFS code used in above example is of Bhagvati Bhawan, Mirza Ismail Road, Jaipur, i.e., “MAHB0000380”].
Jaipur, which is also known as pink city, is the capital of Rajasthan. It is also considered to be one of the largest cities of the Indian State of Rajasthan in Western India. Jaipur has become a major tourist attraction among both international and national tourist. It is popular for its rich culture and tradition, magnificent art and artefacts, and brilliant past. The city is full of serene temples, the long standing forts, and palaces and beautiful havelis with royal touch to them; add on to the glory of Jaipur.