It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Mahad Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Mahad branch is the cheque book. All banks will print the Mahad on the cheque books. Also, your account pass book should have the Mahad branch printed.
The address of Mahad branch is Shop no-9,10 & 11, mahad trade center, off mg road, mahad-402301, which is located in Raigad District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for IDBI Mahad is also provided.
Mahad has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of IDBI Mahad branch, fund transfer between these banks is also possible.
*The Bank Branch information information presented above is for reference only. Please verify Bank Branch details before initiating any transfer or operation!