If you are searching for the IFSC code of Bank of Maharashtra, NEPTI-APMC YARD branch in AHILYANAGAR, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001555. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the NEPTI-APMC YARD branch, and detailed step-by-step guides for using the IFSC MAHB0001555 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, MAHB0001555 is the IFSC of Bank of Maharashtra's NEPTI-APMC YARD branch. The format is fixed: MAHB = bank code, 0 = reserved, 001555 = branch identifier.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nepti-Apmc Yard branch in Ahilyanagar, Maharashtra is part of this network and uses the IFSC code MAHB0001555 for all electronic settlement.
Nepti-Apmc Yard branch overview
Located at APMC YARD NEPTI, FIRST FLOOR, APMC BUILDING NEPTI, the Nepti-Apmc Yard branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0001555 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Nepti-Apmc Yard |
| IFSC Code | MAHB0001555 |
| MICR Code | Refer to cheque leaf |
| Branch Address | APMC YARD NEPTI, FIRST FLOOR, APMC BUILDING NEPTI |
| City | Ahilyanagar |
| District | Ahilyanagar |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8799903633 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bank of Maharashtra's NEPTI-APMC YARD branch came to be assigned the code MAHB0001555.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC MAHB0001555, money simply cannot be routed to the NEPTI-APMC YARD branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bank of Maharashtra carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MAHB0001555 and the account number together uniquely identify the Nepti-Apmc Yard branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0001555
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC MAHB0001555 across all three.
NEFT to Bank of Maharashtra, NEPTI-APMC YARD using IFSC MAHB0001555
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC MAHB0001555, and confirm that the system picks up Bank of Maharashtra – NEPTI-APMC YARD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NEPTI-APMC YARD
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's NEPTI-APMC YARD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001555 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – NEPTI-APMC YARD, use IMPS. With IFSC MAHB0001555 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Nepti-Apmc Yard
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC MAHB0001555:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at NEPTI-APMC YARD is still linked to IFSC MAHB0001555.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC MAHB0001555
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of Maharashtra – NEPTI-APMC YARD is still mapped to IFSC MAHB0001555. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC MAHB0001555 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Nepti-Apmc Yard branch is mapped to IFSC MAHB0001555 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of Maharashtra, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains MAHB0001555.
Banking services available
The Nepti-Apmc Yard branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8799903633.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC MAHB0001555
Online banking and IFSC MAHB0001555
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the NEPTI-APMC YARD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC MAHB0001555 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Nepti-Apmc Yard branch
The branch is located at APMC YARD NEPTI, FIRST FLOOR, APMC BUILDING NEPTI, which puts it inside Ahilyanagar, the broader Ahilyanagar district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Nepti-Apmc Yard branch” — the verified location pin for IFSC MAHB0001555 should appear at the top of the results.
- Confirm the branch is open by calling 91-8799903633 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC MAHB0001555 and your account number.
Common mistakes to avoid when using IFSC MAHB0001555
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of Maharashtra – NEPTI-APMC YARD, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
MAHB0001555. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Nepti-Apmc Yard branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001555, however, work 24x7.
Verifying IFSC MAHB0001555 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm MAHB0001555 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8799903633.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraNepti-Apmc Yard Branch
APMC YARD NEPTI, FIRST FLOOR, APMC BUILDING NEPTI
Ahilyanagar, Maharashtra
Phone: 91-8799903633
IFSC: MAHB0001555
Frequently asked questions
Where is Bank of Maharashtra Nepti-Apmc Yard branch located?
Bank of Maharashtra's Nepti-Apmc Yard branch is located at APMC YARD NEPTI, FIRST FLOOR, APMC BUILDING NEPTI, Ahilyanagar, Maharashtra.
How quickly will an NEFT transfer using MAHB0001555 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Nepti-Apmc Yard reflect within 30 minutes.
How do I add Bank of Maharashtra Nepti-Apmc Yard as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001555, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of Maharashtra Nepti-Apmc Yard branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8799903633 to confirm.
Can I use IFSC MAHB0001555 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001555 to send funds instantly.
Is IFSC MAHB0001555 valid for NEFT and RTGS?
Yes. IFSC MAHB0001555 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code MAHB0001555 belongs to Bank of Maharashtra's NEPTI-APMC YARD branch, located at APMC YARD NEPTI, FIRST FLOOR, APMC BUILDING NEPTI in AHILYANAGAR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
