IFSC Code of Bank of Maharashtra, University Branch, Chhatrapati Sambhajinagar Branch, Maharashtra

If you are searching for the IFSC code of Bank of Maharashtra, UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch in CHHATRAPATI SAMBHAJINAGAR, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0000152. 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 UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch, and detailed step-by-step guides for using the IFSC MAHB0000152 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.

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 – UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR is MAHB0000152. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000152 map to this branch in CHHATRAPATI SAMBHAJINAGAR, MAHARASHTRA.

Bank profile

Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The University Branch, Chhatrapati Sambhajinagar branch — IFSC MAHB0000152 — extends the bank's services to customers in and around Chhatrapati Sambhajinagar, Maharashtra.

About this branch

The branch is located at MARATHWADA UNIVERSITY CAMPUS, SONERI MAHAL, CHHATRAPATI SAMBHAJINAGAR,431004. It serves the Chhatrapati Sambhajinagar 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 MAHB0000152 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch came to be assigned the code MAHB0000152.

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 MAHB0000152, money simply cannot be routed to the UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR 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 MAHB0000152 and the account number together uniquely identify the University Branch, Chhatrapati Sambhajinagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC MAHB0000152

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 MAHB0000152 across all three.

How to use IFSC MAHB0000152 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC MAHB0000152.
4. Confirm the bank name auto-populates as Bank of Maharashtra and the branch as UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000152 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of Maharashtra UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR (IFSC MAHB0000152)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0000152 in your mobile or internet banking app, and the money is credited to the UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to University Branch, Chhatrapati Sambhajinagar

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 MAHB0000152:

• 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 UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR is still linked to IFSC MAHB0000152.

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 MAHB0000152

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 – UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR is still mapped to IFSC MAHB0000152. 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 MAHB0000152 and the beneficiary's account number to complete the transfer.

Account types you can open at the University Branch, Chhatrapati Sambhajinagar branch

Once you have an account at Bank of Maharashtra – UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR, the IFSC MAHB0000152 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 University Branch, Chhatrapati Sambhajinagar 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 MAHB0000152

Digital banking channels

Most day-to-day work that customers used to do at the University Branch, Chhatrapati Sambhajinagar 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 MAHB0000152 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.

Reaching the branch

The University Branch, Chhatrapati Sambhajinagar branch sits at MARATHWADA UNIVERSITY CAMPUS, SONERI MAHAL, CHHATRAPATI SAMBHAJINAGAR,431004. If you are travelling from outside Chhatrapati Sambhajinagar, search for the branch on a maps application using the bank name and locality, or call 91-7507528152 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 MAHB0000152 and your account number.

Common mistakes to avoid when using IFSC MAHB0000152

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 – UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR, 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: MAHB0000152.
• 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 University Branch, Chhatrapati Sambhajinagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0000152, however, work 24x7.

Verifying IFSC MAHB0000152 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 MAHB0000152 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-7507528152.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0000152 is the IFSC code of Bank of Maharashtra, UNIVERSITY BRANCH, CHHATRAPATI SAMBHAJINAGAR branch, in CHHATRAPATI SAMBHAJINAGAR, 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.