If you are searching for the IFSC code of Bank of Maharashtra, MAHAD branch in MAHAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001916. 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 MAHAD branch, and detailed step-by-step guides for using the IFSC MAHB0001916 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, MAHB0001916 is the IFSC of Bank of Maharashtra's MAHAD branch. The format is fixed: MAHB = bank code, 0 = reserved, 001916 = branch identifier.
Bank profile
Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Mahad branch — IFSC MAHB0001916 — extends the bank's services to customers in and around Mahad, Maharashtra.
About this branch
The branch is located at SANKALP SIDDHI, GROUND FLOOR, PRABHAT COLONY, MAHADANNASAHEB SAWANT MARG,. It serves the Mahad 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 MAHB0001916 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Mahad |
| IFSC Code | MAHB0001916 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SANKALP SIDDHI, GROUND FLOOR, PRABHAT COLONY, MAHADANNASAHEB SAWANT MARG, |
| City | Mahad |
| District | Raigad |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8657005185 |
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 MAHAD branch came to be assigned the code MAHB0001916.
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 MAHB0001916, money simply cannot be routed to the MAHAD branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Mahad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001916 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC MAHB0001916
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 MAHB0001916 across all three.
NEFT to Bank of Maharashtra, MAHAD using IFSC MAHB0001916
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 MAHB0001916, and confirm that the system picks up Bank of Maharashtra – MAHAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MAHAD
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's MAHAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001916 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – MAHAD, use IMPS. With IFSC MAHB0001916 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0001916 for Bank of Maharashtra – MAHAD, 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 – MAHB0001916 | Yes – MAHB0001916 | Yes – MAHB0001916 |
For most retail customers crediting the Mahad 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 MAHB0001916
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 – MAHAD is still mapped to IFSC MAHB0001916. 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 MAHB0001916 and the beneficiary's account number to complete the transfer.
Account types you can open at the Mahad branch
Once you have an account at Bank of Maharashtra – MAHAD, the IFSC MAHB0001916 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 Mahad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8657005185.
- 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 MAHB0001916
Online banking and IFSC MAHB0001916
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the MAHAD 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 MAHB0001916 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 Mahad branch
The branch is located at SANKALP SIDDHI, GROUND FLOOR, PRABHAT COLONY, MAHADANNASAHEB SAWANT MARG,, which puts it inside Mahad, the broader Raigad district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Mahad branch” — the verified location pin for IFSC MAHB0001916 should appear at the top of the results.
- Confirm the branch is open by calling 91-8657005185 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 MAHB0001916 and your account number.
Common mistakes to avoid when using IFSC MAHB0001916
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 – MAHAD, 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:
MAHB0001916. - 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.
Working hours
Branch counters at Mahad 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 MAHB0001916 continue to work without interruption.
Verifying IFSC MAHB0001916 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 MAHB0001916 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8657005185.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraMahad Branch
SANKALP SIDDHI, GROUND FLOOR, PRABHAT COLONY, MAHADANNASAHEB SAWANT MARG,
Mahad, Maharashtra
Phone: 91-8657005185
IFSC: MAHB0001916
Frequently asked questions
How quickly will an NEFT transfer using MAHB0001916 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Mahad reflect within 30 minutes.
Can I use IFSC MAHB0001916 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001916 to send funds instantly.
Is IFSC MAHB0001916 the same for all accounts at Mahad branch?
Yes. The IFSC MAHB0001916 is shared by every account held at Bank of Maharashtra's Mahad branch. Only the account number changes from customer to customer.
Where is Bank of Maharashtra Mahad branch located?
Bank of Maharashtra's Mahad branch is located at SANKALP SIDDHI, GROUND FLOOR, PRABHAT COLONY, MAHADANNASAHEB SAWANT MARG,, Mahad, Maharashtra.
What is the phone number of Bank of Maharashtra Mahad branch?
You can reach the branch at 91-8657005185 during regular banking hours.
Is IFSC MAHB0001916 valid for NEFT and RTGS?
Yes. IFSC MAHB0001916 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: MAHB0001916 is the IFSC code of Bank of Maharashtra, MAHAD branch, in MAHAD, 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.
