IFSC Code of Bank of Maharashtra, Borli Panchatan Branch, Maharashtra

If you are searching for the IFSC code of Bank of Maharashtra, BORLI PANCHATAN branch in BORLI-PANCHATAN, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0000284. 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 BORLI PANCHATAN branch, and detailed step-by-step guides for using the IFSC MAHB0000284 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, MAHB0000284 is the IFSC of Bank of Maharashtra's BORLI PANCHATAN branch. The format is fixed: MAHB = bank code, 0 = reserved, 000284 = branch identifier.

Branch details at a glance

Bank profile

Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Borli Panchatan branch — IFSC MAHB0000284 — extends the bank's services to customers in and around Borli-Panchatan, Maharashtra.

About this branch

The branch is located at PANGARKAR AND ULDES BLDG. NR.S.T.STAND BORLI-PANCHATAN. It serves the Borli-Panchatan 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 MAHB0000284 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 BORLI PANCHATAN branch came to be assigned the code MAHB0000284.

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 MAHB0000284, money simply cannot be routed to the BORLI PANCHATAN branch electronically.

How to transfer money using IFSC MAHB0000284

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 MAHB0000284 across all three.

NEFT to Bank of Maharashtra, BORLI PANCHATAN using IFSC MAHB0000284

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 MAHB0000284, and confirm that the system picks up Bank of Maharashtra – BORLI PANCHATAN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to BORLI PANCHATAN

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's BORLI PANCHATAN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000284 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of Maharashtra BORLI PANCHATAN (IFSC MAHB0000284)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0000284 in your mobile or internet banking app, and the money is credited to the BORLI PANCHATAN branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC MAHB0000284 for Bank of Maharashtra – BORLI PANCHATAN, 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.

For most retail customers crediting the Borli Panchatan 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 MAHB0000284

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 – BORLI PANCHATAN is still mapped to IFSC MAHB0000284. 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 MAHB0000284 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Borli Panchatan branch is mapped to IFSC MAHB0000284 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 MAHB0000284.

Banking services available

The Borli Panchatan branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9699789031.

• 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 MAHB0000284

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 MAHB0000284 and the account number together uniquely identify the Borli Panchatan branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC MAHB0000284

Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the BORLI PANCHATAN 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 MAHB0000284 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.

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 – BORLI PANCHATAN:

• The IFSC is exactly MAHB0000284 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 BORLI PANCHATAN 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 Borli Panchatan branch sits at PANGARKAR AND ULDES BLDG. NR.S.T.STAND BORLI-PANCHATAN. If you are travelling from outside Borli-Panchatan, search for the branch on a maps application using the bank name and locality, or call 91-9699789031 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 MAHB0000284 and your account number.

Verifying IFSC MAHB0000284 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 MAHB0000284 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-9699789031.
• 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 Borli Panchatan branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0000284, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0000284 is the IFSC code of Bank of Maharashtra, BORLI PANCHATAN branch, in BORLI-PANCHATAN, 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.