Below are the complete branch details for Bank of Maharashtra, DAPKI ROAD, AKOLA branch, located in AKOLA, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0001156. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case MAHB0001156 for Bank of Maharashtra – DAPKI ROAD, AKOLA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bank of Maharashtra – DAPKI ROAD, AKOLA is MAHB0001156. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001156 map to this branch in AKOLA, MAHARASHTRA.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Dapki Road, Akola |
| IFSC Code | MAHB0001156 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DR.CHAYA DESHMUKH HOSPITAL, DAPKI ROAD, OLD CITY, AKOLA |
| City | Akola |
| District | Akola |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 7030931238 |
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Dapki Road, Akola branch in Akola, Maharashtra is part of this network and uses the IFSC code MAHB0001156 for all electronic settlement.
About the Dapki Road, Akola branch
The Dapki Road, Akola branch of Bank of Maharashtra is situated at DR.CHAYA DESHMUKH HOSPITAL, DAPKI ROAD, OLD CITY, AKOLA. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code MAHB0001156 is used.
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 DAPKI ROAD, AKOLA branch came to be assigned the code MAHB0001156.
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 MAHB0001156, money simply cannot be routed to the DAPKI ROAD, AKOLA branch electronically.
How to transfer money using IFSC MAHB0001156
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 MAHB0001156 across all three.
NEFT to Bank of Maharashtra, DAPKI ROAD, AKOLA using IFSC MAHB0001156
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 MAHB0001156, and confirm that the system picks up Bank of Maharashtra – DAPKI ROAD, AKOLA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to DAPKI ROAD, AKOLA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's DAPKI ROAD, AKOLA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001156 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra DAPKI ROAD, AKOLA (IFSC MAHB0001156)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001156 in your mobile or internet banking app, and the money is credited to the DAPKI ROAD, AKOLA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0001156 for Bank of Maharashtra – DAPKI ROAD, AKOLA, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – MAHB0001156 | Yes – MAHB0001156 | Yes – MAHB0001156 |
For most retail customers crediting the Dapki Road, Akola branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC MAHB0001156
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 – DAPKI ROAD, AKOLA is still mapped to IFSC MAHB0001156. 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 MAHB0001156 and the beneficiary's account number to complete the transfer.
Account types you can open at the Dapki Road, Akola branch
Once you have an account at Bank of Maharashtra – DAPKI ROAD, AKOLA, the IFSC MAHB0001156 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Dapki Road, Akola branch can access most of Bank of Maharashtra's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC MAHB0001156
MICR & cheque-truncation details
Cheques drawn on the Dapki Road, Akola branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001156 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Dapki Road, Akola branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC MAHB0001156 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of Maharashtra – DAPKI ROAD, AKOLA:
- The IFSC is exactly MAHB0001156 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of Maharashtra as the bank name and DAPKI ROAD, AKOLA as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Dapki Road, Akola branch sits at DR.CHAYA DESHMUKH HOSPITAL, DAPKI ROAD, OLD CITY, AKOLA. If you are travelling from outside Akola, search for the branch on a maps application using the bank name and locality, or call 91-7030931238 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC MAHB0001156 and your account number.
Verifying IFSC MAHB0001156 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 MAHB0001156 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-7030931238.
- Visiting the bank's official branch locator page.
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 Dapki Road, Akola branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001156, however, work 24x7.
Branch address & contact
Bank of MaharashtraDapki Road, Akola Branch
DR.CHAYA DESHMUKH HOSPITAL, DAPKI ROAD, OLD CITY, AKOLA
Akola, Maharashtra
Phone: 91-7030931238
IFSC: MAHB0001156
Frequently asked questions
Is IFSC MAHB0001156 the same for all accounts at Dapki Road, Akola branch?
Yes. The IFSC MAHB0001156 is shared by every account held at Bank of Maharashtra's Dapki Road, Akola branch. Only the account number changes from customer to customer.
What is the phone number of Bank of Maharashtra Dapki Road, Akola branch?
You can reach the branch at 91-7030931238 during regular banking hours.
What is the IFSC code of Bank of Maharashtra Dapki Road, Akola branch?
The IFSC code of Bank of Maharashtra, Dapki Road, Akola branch is MAHB0001156. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC MAHB0001156 valid for NEFT and RTGS?
Yes. IFSC MAHB0001156 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Dapki Road, Akola branch but serve different purposes.
How do I add Bank of Maharashtra Dapki Road, Akola as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001156, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using MAHB0001156 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Dapki Road, Akola reflect within 30 minutes.
Where is Bank of Maharashtra Dapki Road, Akola branch located?
Bank of Maharashtra's Dapki Road, Akola branch is located at DR.CHAYA DESHMUKH HOSPITAL, DAPKI ROAD, OLD CITY, AKOLA, Akola, Maharashtra.
Final notes
To recap: MAHB0001156 is the IFSC code of Bank of Maharashtra, DAPKI ROAD, AKOLA branch, in AKOLA, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
