Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Bank of Maharashtra, Maushi-Nagbhir Branch, Maharashtra

    IFSC code MAHB0001033 - Bank of Maharashtra, Maushi-Nagbhir Branch, Nagbhir, Maharashtra. Use it for NEFT, RTGS and IMPS transfers.

    If you are searching for the IFSC code of Bank of Maharashtra, MAUSHI-NAGBHIR branch in NAGBHIR, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001033. 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 MAUSHI-NAGBHIR branch, and detailed step-by-step guides for using the IFSC MAHB0001033 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 – MAUSHI-NAGBHIR is MAHB0001033. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001033 map to this branch in NAGBHIR, MAHARASHTRA.

    Branch details at a glance

    Bank NameBank of Maharashtra
    BranchMaushi-Nagbhir
    IFSC CodeMAHB0001033
    MICR CodeRefer to cheque leaf
    Branch AddressYERNE BHAVAN, RAM MANDIR CHOWK,NAGPUR RD.NAGBHIR
    CityNagbhir
    DistrictChandrapur
    StateMaharashtra
    STD Code91
    Phone8799903682

    About the bank

    Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Maushi-Nagbhir branch in Nagbhir, Maharashtra is part of this network and uses the IFSC code MAHB0001033 for all electronic settlement.

    About this branch

    The branch is located at YERNE BHAVAN, RAM MANDIR CHOWK,NAGPUR RD.NAGBHIR. It serves the Nagbhir 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 MAHB0001033 is used to identify this branch on the RBI payments network.

    Why every Bank of Maharashtra branch has a unique IFSC

    Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MAUSHI-NAGBHIR of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0001033 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

    Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC MAHB0001033 the same way you would treat your account number — verify it once and save it carefully for future use.

    How to transfer money using IFSC MAHB0001033

    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 MAHB0001033 across all three.

    How to use IFSC MAHB0001033 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's MAUSHI-NAGBHIR 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 MAHB0001033.
    4. Confirm the bank name auto-populates as Bank of Maharashtra and the branch as MAUSHI-NAGBHIR.
    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 MAUSHI-NAGBHIR

    If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's MAUSHI-NAGBHIR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001033 while initiating the transfer and the credit will appear within minutes.

    IMPS to Bank of Maharashtra MAUSHI-NAGBHIR (IFSC MAHB0001033)

    IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001033 in your mobile or internet banking app, and the money is credited to the MAUSHI-NAGBHIR branch account within seconds.

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

    All three modes accept the IFSC MAHB0001033 for Bank of Maharashtra – MAUSHI-NAGBHIR, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – MAHB0001033Yes – MAHB0001033Yes – MAHB0001033

    For most retail customers crediting the Maushi-Nagbhir 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 MAUSHI-NAGBHIR branch, the IFSC MAHB0001033 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 Maushi-Nagbhir branch

    Once you have an account at Bank of Maharashtra – MAUSHI-NAGBHIR, the IFSC MAHB0001033 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 Maushi-Nagbhir branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8799903682.

    • 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 MAHB0001033

    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 MAHB0001033 and the account number together uniquely identify the Maushi-Nagbhir branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    Online banking and IFSC MAHB0001033

    Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the MAUSHI-NAGBHIR 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 MAHB0001033 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 – MAUSHI-NAGBHIR:

    • The IFSC is exactly MAHB0001033 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 MAUSHI-NAGBHIR 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.

    How to reach the Maushi-Nagbhir branch

    The branch is located at YERNE BHAVAN, RAM MANDIR CHOWK,NAGPUR RD.NAGBHIR, which puts it inside Nagbhir, the broader Chandrapur district, and the state of Maharashtra. To plan your visit:

    1. Open Google Maps on your phone and search for “Bank of Maharashtra Maushi-Nagbhir branch” — the verified location pin for IFSC MAHB0001033 should appear at the top of the results.
    2. Confirm the branch is open by calling 91-8799903682 before stepping out, especially around public holidays.
    3. 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 MAHB0001033 and your account number.

    Verifying IFSC MAHB0001033 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 MAHB0001033 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 91-8799903682.
    • 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 Maushi-Nagbhir branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001033, however, work 24x7.

    Branch address & contact

    Bank of Maharashtra
    Maushi-Nagbhir Branch
    YERNE BHAVAN, RAM MANDIR CHOWK,NAGPUR RD.NAGBHIR
    Nagbhir, Maharashtra
    Phone: 91-8799903682
    IFSC: MAHB0001033

    Frequently asked questions

    Can I use IFSC MAHB0001033 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001033 to send funds instantly.

    How quickly will an NEFT transfer using MAHB0001033 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Maushi-Nagbhir reflect within 30 minutes.

    Is IFSC MAHB0001033 valid for NEFT and RTGS?

    Yes. IFSC MAHB0001033 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    What is the phone number of Bank of Maharashtra Maushi-Nagbhir branch?

    You can reach the branch at 91-8799903682 during regular banking hours.

    Where is Bank of Maharashtra Maushi-Nagbhir branch located?

    Bank of Maharashtra's Maushi-Nagbhir branch is located at YERNE BHAVAN, RAM MANDIR CHOWK,NAGPUR RD.NAGBHIR, Nagbhir, Maharashtra.

    What is the IFSC code of Bank of Maharashtra Maushi-Nagbhir branch?

    The IFSC code of Bank of Maharashtra, Maushi-Nagbhir branch is MAHB0001033. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    Is IFSC MAHB0001033 the same for all accounts at Maushi-Nagbhir branch?

    Yes. The IFSC MAHB0001033 is shared by every account held at Bank of Maharashtra's Maushi-Nagbhir branch. Only the account number changes from customer to customer.

    What is the difference between IFSC and MICR code?

    IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Maushi-Nagbhir branch but serve different purposes.

    Final notes

    To recap: MAHB0001033 is the IFSC code of Bank of Maharashtra, MAUSHI-NAGBHIR branch, in NAGBHIR, 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.

    keyboard_arrow_up