This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of Maharashtra, KODOLI, PANHALA branch in KOLHAPUR. The 11-digit IFSC MAHB0001960 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 KODOLI, PANHALA 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 – KODOLI, PANHALA is MAHB0001960. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001960 map to this branch in KOLHAPUR, MAHARASHTRA.
About Bank of Maharashtra
Bank of Maharashtra operates a wide network of branches across India, including the Kodoli, Panhala branch in Kolhapur. 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, MAHB0001960.
About the Kodoli, Panhala branch
The Kodoli, Panhala branch of Bank of Maharashtra is situated at ADISHAKTI 1599/B MAIN ROAD, BAZAR PETH, KODOLI. 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 MAHB0001960 is used.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Kodoli, Panhala |
| IFSC Code | MAHB0001960 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ADISHAKTI 1599/B MAIN ROAD, BAZAR PETH, KODOLI |
| City | Kolhapur |
| District | Kolhapur |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8956354657 |
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 KODOLI, PANHALA branch came to be assigned the code MAHB0001960.
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 MAHB0001960, money simply cannot be routed to the KODOLI, PANHALA 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 MAHB0001960 and the account number together uniquely identify the Kodoli, Panhala branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0001960
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 MAHB0001960 across all three.
How to use IFSC MAHB0001960 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's KODOLI, PANHALA 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC MAHB0001960.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as KODOLI, PANHALA.
- 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 KODOLI, PANHALA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's KODOLI, PANHALA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001960 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra KODOLI, PANHALA (IFSC MAHB0001960)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001960 in your mobile or internet banking app, and the money is credited to the KODOLI, PANHALA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0001960 for Bank of Maharashtra – KODOLI, PANHALA, 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 – MAHB0001960 | Yes – MAHB0001960 | Yes – MAHB0001960 |
For most retail customers crediting the Kodoli, Panhala 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 MAHB0001960
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 – KODOLI, PANHALA is still mapped to IFSC MAHB0001960. 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 MAHB0001960 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Kodoli, Panhala branch is mapped to IFSC MAHB0001960 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 MAHB0001960.
Banking services available
The Kodoli, Panhala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8956354657.
- 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 MAHB0001960
Online banking and IFSC MAHB0001960
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the KODOLI, PANHALA 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 MAHB0001960 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.
How to reach the Kodoli, Panhala branch
The branch is located at ADISHAKTI 1599/B MAIN ROAD, BAZAR PETH, KODOLI, which puts it inside Kolhapur, the broader Kolhapur district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Kodoli, Panhala branch” — the verified location pin for IFSC MAHB0001960 should appear at the top of the results.
- Confirm the branch is open by calling 91-8956354657 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC MAHB0001960 and your account number.
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 – KODOLI, PANHALA:
- The IFSC is exactly MAHB0001960 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 KODOLI, PANHALA 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.
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 Kodoli, Panhala branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001960, however, work 24x7.
Verifying IFSC MAHB0001960 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 MAHB0001960 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8956354657.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraKodoli, Panhala Branch
ADISHAKTI 1599/B MAIN ROAD, BAZAR PETH, KODOLI
Kolhapur, Maharashtra
Phone: 91-8956354657
IFSC: MAHB0001960
Frequently asked questions
Can I use IFSC MAHB0001960 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001960 to send funds instantly.
Is IFSC MAHB0001960 valid for NEFT and RTGS?
Yes. IFSC MAHB0001960 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Bank of Maharashtra Kodoli, Panhala branch?
The IFSC code of Bank of Maharashtra, Kodoli, Panhala branch is MAHB0001960. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Bank of Maharashtra Kodoli, Panhala branch located?
Bank of Maharashtra's Kodoli, Panhala branch is located at ADISHAKTI 1599/B MAIN ROAD, BAZAR PETH, KODOLI, Kolhapur, Maharashtra.
How do I add Bank of Maharashtra Kodoli, Panhala as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001960, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using MAHB0001960 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Kodoli, Panhala reflect within 30 minutes.
What is the phone number of Bank of Maharashtra Kodoli, Panhala branch?
You can reach the branch at 91-8956354657 during regular banking hours.
Final notes
To recap: MAHB0001960 is the IFSC code of Bank of Maharashtra, KODOLI, PANHALA branch, in KOLHAPUR, 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.
