Use this page as a one-stop reference for everything related to Bank of Maharashtra's BOKARO STEEL CITY branch in BOKARO STEEL CITY, JHARKHAND. The branch's IFSC code MAHB0001448 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of Maharashtra's BOKARO STEEL CITY branch, the IFSC MAHB0001448 breaks down as follows: MAHB identifies the bank, 0 is the reserved character, and 001448 identifies this particular branch.
Bank profile
Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Bokaro Steel City branch — IFSC MAHB0001448 — extends the bank's services to customers in and around Bokaro Steel City, Jharkhand.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Bokaro Steel City |
| IFSC Code | MAHB0001448 |
| MICR Code | Refer to cheque leaf |
| Branch Address | FIRST FLOOR, PLOT NO. KE-1,CITY CENTRE SECTOR IV, |
| City | Bokaro Steel City |
| District | Bokaro |
| State | Jharkhand |
| STD Code | 91 |
| Phone | 9155191448 |
Bokaro Steel City branch overview
Located at FIRST FLOOR, PLOT NO. KE-1,CITY CENTRE SECTOR IV,, the Bokaro Steel City branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0001448 is required for all interbank electronic transfers routed through this branch.
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 BOKARO STEEL CITY branch came to be assigned the code MAHB0001448.
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 MAHB0001448, money simply cannot be routed to the BOKARO STEEL CITY branch electronically.
Products and account variants supported
Every account opened at the Bokaro Steel City branch is mapped to IFSC MAHB0001448 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 MAHB0001448.
Products and services
Customers walking into the Bokaro Steel City 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 MAHB0001448
How to transfer money using IFSC MAHB0001448
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 MAHB0001448 across all three.
NEFT to Bank of Maharashtra, BOKARO STEEL CITY using IFSC MAHB0001448
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 MAHB0001448, and confirm that the system picks up Bank of Maharashtra – BOKARO STEEL CITY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHB0001448
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of Maharashtra – BOKARO STEEL CITY, ensure your bank's portal accepts IFSC MAHB0001448 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of Maharashtra BOKARO STEEL CITY (IFSC MAHB0001448)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001448 in your mobile or internet banking app, and the money is credited to the BOKARO STEEL CITY branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0001448 for Bank of Maharashtra – BOKARO STEEL CITY, 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 – MAHB0001448 | Yes – MAHB0001448 | Yes – MAHB0001448 |
For most retail customers crediting the Bokaro Steel City 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 MAHB0001448
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 – BOKARO STEEL CITY is still mapped to IFSC MAHB0001448. 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 MAHB0001448 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Bokaro Steel City 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 MAHB0001448 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 Bokaro Steel City branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001448 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 – BOKARO STEEL CITY:
- The IFSC is exactly MAHB0001448 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 BOKARO STEEL CITY 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 Bokaro Steel City branch sits at FIRST FLOOR, PLOT NO. KE-1,CITY CENTRE SECTOR IV,. If you are travelling from outside Bokaro Steel City, search for the branch on a maps application using the bank name and locality, or call 91-9155191448 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 MAHB0001448 and your account number.
Verifying IFSC MAHB0001448 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 MAHB0001448 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9155191448.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Bokaro Steel City are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to MAHB0001448 continue to work without interruption.
Branch address & contact
Bank of MaharashtraBokaro Steel City Branch
FIRST FLOOR, PLOT NO. KE-1,CITY CENTRE SECTOR IV,
Bokaro Steel City, Jharkhand
Phone: 91-9155191448
IFSC: MAHB0001448
Frequently asked questions
How quickly will an NEFT transfer using MAHB0001448 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Bokaro Steel City reflect within 30 minutes.
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 Bokaro Steel City branch but serve different purposes.
Is IFSC MAHB0001448 the same for all accounts at Bokaro Steel City branch?
Yes. The IFSC MAHB0001448 is shared by every account held at Bank of Maharashtra's Bokaro Steel City branch. Only the account number changes from customer to customer.
What is the phone number of Bank of Maharashtra Bokaro Steel City branch?
You can reach the branch at 91-9155191448 during regular banking hours.
Can I use IFSC MAHB0001448 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001448 to send funds instantly.
How do I add Bank of Maharashtra Bokaro Steel City as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001448, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of Maharashtra Bokaro Steel City branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9155191448 to confirm.
Where is Bank of Maharashtra Bokaro Steel City branch located?
Bank of Maharashtra's Bokaro Steel City branch is located at FIRST FLOOR, PLOT NO. KE-1,CITY CENTRE SECTOR IV,, Bokaro Steel City, Jharkhand.
Summary
The IFSC code MAHB0001448 belongs to Bank of Maharashtra's BOKARO STEEL CITY branch, located at FIRST FLOOR, PLOT NO. KE-1,CITY CENTRE SECTOR IV, in BOKARO STEEL CITY, JHARKHAND. 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.
