Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.
These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.
The IFSC code for MASHRE BANK PSC which is located in 1305, RAHEJA CENTRE,13TH FLOOR NARIMAN POINT RTGS-HO branch, MAHARASHTRA 66327200 is MSHQ0000001
This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any MASHREQ BANK PSC account or to any other bank accounts, Here the first 4 alphabets MSHQ indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 000001 indicates the particular branch of MASHREQ BANK PSC in 1305, RAHEJA CENTRE,13TH FLOOR NARIMAN POINY RTGS-HO branch, MAHARASHTRA 66327200.
IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.
RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.
MASHREQ BANK has a total of 45 domestic branches, in the United Arab Emirates, which are totally high class functioning branches, and there are a total of 12 overseas offices in nine countries, including Europe, the United States, Asia and Africa.
The total asset value of a Mashreq bank Limited was 2.21 billion U.S. dollars$
For further details contact or write to Mashreq Bank PSC:-
ADDRESS:
PO Box 1250 Dubai,
DU United Arab Emirates.
Contact: 971-4424-4444
E-Mail: www.mashreqbank.com
City | Branch | IFSC Code |
---|---|---|
Mumbai | Rtgs-Ho | MSHQ0000001 |