BANK OF MAHARASHTRA IFSC Code – PARASIA, PARASIA
Complete bank details including IFSC code, MICR code, address and payment facilities for PARASIA branch.
Bank Details
| Bank Name | BANK OF MAHARASHTRA |
| Branch Name | PARASIA |
| IFSC Code | MAHB0000606 |
| MICR Code | 480014003 |
| Address | OPPOSITE LIC OFFICE, PARASIA DIST. CHINDWARA |
| City | PARASIA |
| District | CHHINDWARA |
| State | MADHYA PRADESH |
| Contact | 220191 |
Payment Facilities
About IFSC Code MAHB0000606
The IFSC code MAHB0000606 uniquely identifies the PARASIA branch of BANK OF MAHARASHTRA located in PARASIA, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code MAHB0000606
- First 4 characters (MAHB) – Represents BANK OF MAHARASHTRA bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000606) – Unique branch identifier for PARASIA
How to Use IFSC Code MAHB0000606
To transfer money to any account at BANK OF MAHARASHTRA PARASIA branch, you will need to provide the IFSC code MAHB0000606 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PARASIA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About BANK OF MAHARASHTRA PARASIA Branch
BANK OF MAHARASHTRA PARASIA is a branch of BANK OF MAHARASHTRA located in PARASIA, MADHYA PRADESH. The branch provides comprehensive banking services to customers in PARASIA and surrounding areas.
Branch Address
OPPOSITE LIC OFFICE, PARASIA DIST. CHINDWARA, PARASIA, MADHYA PRADESH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 480014003. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of BANK OF MAHARASHTRA PARASIA?
The IFSC code of BANK OF MAHARASHTRA PARASIA branch in PARASIA is MAHB0000606.
What is the MICR code of BANK OF MAHARASHTRA PARASIA?
The MICR code of BANK OF MAHARASHTRA PARASIA branch is 480014003.
What is the address of BANK OF MAHARASHTRA PARASIA?
BANK OF MAHARASHTRA PARASIA branch is located at OPPOSITE LIC OFFICE, PARASIA DIST. CHINDWARA.
Does BANK OF MAHARASHTRA PARASIA support NEFT/RTGS/IMPS?
BANK OF MAHARASHTRA PARASIA branch supports NEFT, RTGS, IMPS, and UPI transactions.