Use this page as a one-stop reference for everything related to Bank of Maharashtra's MUMBAI-NAGDEVI STREET branch in MUMBAI, MAHARASHTRA. The branch's IFSC code MAHB0000119 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.
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 – MUMBAI-NAGDEVI STREET is MAHB0000119. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000119 map to this branch in MUMBAI, MAHARASHTRA.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Mumbai-Nagdevi Street |
| IFSC Code | MAHB0000119 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BANK OF MAHARASHTRA BUILDING, NAGDEVI STREET, MUMBAI 288/290 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8657472915 |
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mumbai-Nagdevi Street branch in Mumbai, Maharashtra is part of this network and uses the IFSC code MAHB0000119 for all electronic settlement.
About this branch
The branch is located at BANK OF MAHARASHTRA BUILDING, NAGDEVI STREET, MUMBAI 288/290. It serves the Mumbai 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 MAHB0000119 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 MUMBAI-NAGDEVI STREET branch came to be assigned the code MAHB0000119.
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 MAHB0000119, money simply cannot be routed to the MUMBAI-NAGDEVI STREET branch electronically.
How to transfer money using IFSC MAHB0000119
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 MAHB0000119 across all three.
How to use IFSC MAHB0000119 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's MUMBAI-NAGDEVI STREET 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 MAHB0000119.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as MUMBAI-NAGDEVI STREET.
- 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 MUMBAI-NAGDEVI STREET
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's MUMBAI-NAGDEVI STREET branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000119 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 – MUMBAI-NAGDEVI STREET, use IMPS. With IFSC MAHB0000119 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 MAHB0000119 for Bank of Maharashtra – MUMBAI-NAGDEVI STREET, 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 – MAHB0000119 | Yes – MAHB0000119 | Yes – MAHB0000119 |
For most retail customers crediting the Mumbai-Nagdevi Street 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of Maharashtra's MUMBAI-NAGDEVI STREET branch, the IFSC MAHB0000119 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Mumbai-Nagdevi Street branch
Once you have an account at Bank of Maharashtra – MUMBAI-NAGDEVI STREET, the IFSC MAHB0000119 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 Mumbai-Nagdevi Street 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 MAHB0000119
MICR & cheque-truncation details
Cheques drawn on the Mumbai-Nagdevi Street branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0000119 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Mumbai-Nagdevi Street 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 MAHB0000119 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.
Common mistakes to avoid when using IFSC MAHB0000119
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 – MUMBAI-NAGDEVI STREET, 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:
MAHB0000119. - 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.
Reaching the branch
The Mumbai-Nagdevi Street branch sits at BANK OF MAHARASHTRA BUILDING, NAGDEVI STREET, MUMBAI 288/290. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 91-8657472915 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 MAHB0000119 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0000119 for Bank of Maharashtra – MUMBAI-NAGDEVI STREET, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Mumbai-Nagdevi Street 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 MAHB0000119 continue to work without interruption.
Branch address & contact
Bank of MaharashtraMumbai-Nagdevi Street Branch
BANK OF MAHARASHTRA BUILDING, NAGDEVI STREET, MUMBAI 288/290
Mumbai, Maharashtra
Phone: 91-8657472915
IFSC: MAHB0000119
Frequently asked questions
Does Bank of Maharashtra Mumbai-Nagdevi Street branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8657472915 to confirm.
Is IFSC MAHB0000119 valid for NEFT and RTGS?
Yes. IFSC MAHB0000119 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Bank of Maharashtra Mumbai-Nagdevi Street branch?
The IFSC code of Bank of Maharashtra, Mumbai-Nagdevi Street branch is MAHB0000119. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Bank of Maharashtra Mumbai-Nagdevi Street as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000119, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Bank of Maharashtra Mumbai-Nagdevi Street branch?
You can reach the branch at 91-8657472915 during regular banking hours.
How quickly will an NEFT transfer using MAHB0000119 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Mumbai-Nagdevi Street reflect within 30 minutes.
Where is Bank of Maharashtra Mumbai-Nagdevi Street branch located?
Bank of Maharashtra's Mumbai-Nagdevi Street branch is located at BANK OF MAHARASHTRA BUILDING, NAGDEVI STREET, MUMBAI 288/290, Mumbai, Maharashtra.
Summary
The IFSC code MAHB0000119 belongs to Bank of Maharashtra's MUMBAI-NAGDEVI STREET branch, located at BANK OF MAHARASHTRA BUILDING, NAGDEVI STREET, MUMBAI 288/290 in MUMBAI, MAHARASHTRA. 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.
