This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of Maharashtra, SARAFA HOLI BRANCH, NANDED branch in NANDED. The 11-digit IFSC MAHB0001228 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 SARAFA HOLI BRANCH, NANDED 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.
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, MAHB0001228 is the IFSC of Bank of Maharashtra's SARAFA HOLI BRANCH, NANDED branch. The format is fixed: MAHB = bank code, 0 = reserved, 001228 = branch identifier.
Bank profile
Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Sarafa Holi Branch, Nanded branch — IFSC MAHB0001228 — extends the bank's services to customers in and around Nanded, Maharashtra.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Sarafa Holi Branch, Nanded |
| IFSC Code | MAHB0001228 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AHER BUILDING M G ROAD OLD MONDHA, NANDED 431604 |
| City | Nanded |
| District | Nanded |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9175281228 |
About the Sarafa Holi Branch, Nanded branch
The Sarafa Holi Branch, Nanded branch of Bank of Maharashtra is situated at AHER BUILDING M G ROAD OLD MONDHA, NANDED 431604. 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 MAHB0001228 is used.
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 SARAFA HOLI BRANCH, NANDED branch came to be assigned the code MAHB0001228.
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 MAHB0001228, money simply cannot be routed to the SARAFA HOLI BRANCH, NANDED branch electronically.
Products and account variants supported
Every account opened at the Sarafa Holi Branch, Nanded branch is mapped to IFSC MAHB0001228 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 MAHB0001228.
Banking services available
The Sarafa Holi Branch, Nanded branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9175281228.
- 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 MAHB0001228
How to transfer money using IFSC MAHB0001228
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 MAHB0001228 across all three.
How to use IFSC MAHB0001228 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's SARAFA HOLI BRANCH, NANDED 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 MAHB0001228.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as SARAFA HOLI BRANCH, NANDED.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC MAHB0001228
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of Maharashtra – SARAFA HOLI BRANCH, NANDED, ensure your bank's portal accepts IFSC MAHB0001228 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – SARAFA HOLI BRANCH, NANDED, use IMPS. With IFSC MAHB0001228 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Sarafa Holi Branch, Nanded
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 MAHB0001228:
- 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 SARAFA HOLI BRANCH, NANDED is still linked to IFSC MAHB0001228.
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 MAHB0001228
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 – SARAFA HOLI BRANCH, NANDED is still mapped to IFSC MAHB0001228. 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 MAHB0001228 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Sarafa Holi Branch, Nanded 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 MAHB0001228 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.
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 MAHB0001228 and the account number together uniquely identify the Sarafa Holi Branch, Nanded branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – SARAFA HOLI BRANCH, NANDED:
- The IFSC is exactly MAHB0001228 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 SARAFA HOLI BRANCH, NANDED 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 Sarafa Holi Branch, Nanded branch
The branch is located at AHER BUILDING M G ROAD OLD MONDHA, NANDED 431604, which puts it inside Nanded, the broader Nanded district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Sarafa Holi Branch, Nanded branch” — the verified location pin for IFSC MAHB0001228 should appear at the top of the results.
- Confirm the branch is open by calling 91-9175281228 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 MAHB0001228 and your account number.
Verifying IFSC MAHB0001228 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 MAHB0001228 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9175281228.
- 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 Sarafa Holi Branch, Nanded branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001228, however, work 24x7.
Branch address & contact
Bank of MaharashtraSarafa Holi Branch, Nanded Branch
AHER BUILDING M G ROAD OLD MONDHA, NANDED 431604
Nanded, Maharashtra
Phone: 91-9175281228
IFSC: MAHB0001228
Frequently asked questions
Is IFSC MAHB0001228 valid for NEFT and RTGS?
Yes. IFSC MAHB0001228 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC MAHB0001228 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001228 to send funds instantly.
Is IFSC MAHB0001228 the same for all accounts at Sarafa Holi Branch, Nanded branch?
Yes. The IFSC MAHB0001228 is shared by every account held at Bank of Maharashtra's Sarafa Holi Branch, Nanded branch. Only the account number changes from customer to customer.
How do I add Bank of Maharashtra Sarafa Holi Branch, Nanded as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001228, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Bank of Maharashtra Sarafa Holi Branch, Nanded branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9175281228 to confirm.
Where is Bank of Maharashtra Sarafa Holi Branch, Nanded branch located?
Bank of Maharashtra's Sarafa Holi Branch, Nanded branch is located at AHER BUILDING M G ROAD OLD MONDHA, NANDED 431604, Nanded, Maharashtra.
What is the phone number of Bank of Maharashtra Sarafa Holi Branch, Nanded branch?
You can reach the branch at 91-9175281228 during regular banking hours.
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 Sarafa Holi Branch, Nanded branch but serve different purposes.
Summary
The IFSC code MAHB0001228 belongs to Bank of Maharashtra's SARAFA HOLI BRANCH, NANDED branch, located at AHER BUILDING M G ROAD OLD MONDHA, NANDED 431604 in NANDED, 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.
