This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of Maharashtra, ASHTA branch in ASHTA. The 11-digit IFSC MAHB0000231 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Bank of Maharashtra at the ASHTA location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 – ASHTA is MAHB0000231. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000231 map to this branch in ASHTA, MAHARASHTRA.
About Bank of Maharashtra
Bank of Maharashtra operates a wide network of branches across India, including the Ashta branch in Ashta. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MAHB0000231.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Ashta |
| IFSC Code | MAHB0000231 |
| MICR Code | Refer to cheque leaf |
| Branch Address | C S NO. 9/A, PLOT NO. 24, MAIN ROAD, ASHTA, TAL. - WALVA, DIST. SANGLI, MAHARASHTRA - 416301 |
| City | Ashta |
| District | Sangli |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8956480106 |
About this branch
The branch is located at C S NO. 9/A, PLOT NO. 24, MAIN ROAD, ASHTA, TAL. - WALVA, DIST. SANGLI, MAHARASHTRA - 416301. It serves the Ashta region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bank of Maharashtra. The IFSC MAHB0000231 is used to identify this branch on the RBI payments network.
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 ASHTA branch came to be assigned the code MAHB0000231.
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 MAHB0000231, money simply cannot be routed to the ASHTA branch electronically.
Account types you can open at the Ashta branch
Once you have an account at Bank of Maharashtra – ASHTA, the IFSC MAHB0000231 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.
Banking services available
The Ashta branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8956480106.
- 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 MAHB0000231
How to transfer money using IFSC MAHB0000231
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 MAHB0000231 across all three.
NEFT to Bank of Maharashtra, ASHTA using IFSC MAHB0000231
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 MAHB0000231, and confirm that the system picks up Bank of Maharashtra – ASHTA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to ASHTA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's ASHTA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000231 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra ASHTA (IFSC MAHB0000231)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0000231 in your mobile or internet banking app, and the money is credited to the ASHTA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Ashta
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 MAHB0000231:
- 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 ASHTA is still linked to IFSC MAHB0000231.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of Maharashtra's ASHTA branch, the IFSC MAHB0000231 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Ashta 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 MAHB0000231 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.
MICR & cheque-truncation details
Cheques drawn on the Ashta branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0000231 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – ASHTA:
- The IFSC is exactly MAHB0000231 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 ASHTA 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 Ashta branch sits at C S NO. 9/A, PLOT NO. 24, MAIN ROAD, ASHTA, TAL. - WALVA, DIST. SANGLI, MAHARASHTRA - 416301. If you are travelling from outside Ashta, search for the branch on a maps application using the bank name and locality, or call 91-8956480106 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 MAHB0000231 and your account number.
Verifying IFSC MAHB0000231 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 MAHB0000231 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8956480106.
- 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 Ashta branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0000231, however, work 24x7.
Branch address & contact
Bank of MaharashtraAshta Branch
C S NO. 9/A, PLOT NO. 24, MAIN ROAD, ASHTA, TAL. - WALVA, DIST. SANGLI, MAHARASHTRA - 416301
Ashta, Maharashtra
Phone: 91-8956480106
IFSC: MAHB0000231
Frequently asked questions
How quickly will an NEFT transfer using MAHB0000231 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Ashta reflect within 30 minutes.
What is the IFSC code of Bank of Maharashtra Ashta branch?
The IFSC code of Bank of Maharashtra, Ashta branch is MAHB0000231. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Bank of Maharashtra Ashta branch located?
Bank of Maharashtra's Ashta branch is located at C S NO. 9/A, PLOT NO. 24, MAIN ROAD, ASHTA, TAL. - WALVA, DIST. SANGLI, MAHARASHTRA - 416301, Ashta, Maharashtra.
How do I add Bank of Maharashtra Ashta as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000231, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC MAHB0000231 valid for NEFT and RTGS?
Yes. IFSC MAHB0000231 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 Ashta branch but serve different purposes.
Final notes
To recap: MAHB0000231 is the IFSC code of Bank of Maharashtra, ASHTA branch, in ASHTA, 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.
