Use this page as a one-stop reference for everything related to Bank of Maharashtra's NASARAPUR branch in NASARAPUR, MAHARASHTRA. The branch's IFSC code MAHB0000212 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.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of Maharashtra's NASARAPUR branch, the IFSC MAHB0000212 breaks down as follows: MAHB identifies the bank, 0 is the reserved character, and 000212 identifies this particular branch.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Nasarapur |
| IFSC Code | MAHB0000212 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HARIKRIPA, SHETE BLDG, OPP. NASARAPUR S.T.STAND, NASARAPUR |
| City | Nasarapur |
| District | Pune |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9028381424 |
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nasarapur branch in Nasarapur, Maharashtra is part of this network and uses the IFSC code MAHB0000212 for all electronic settlement.
About this branch
The branch is located at HARIKRIPA, SHETE BLDG, OPP. NASARAPUR S.T.STAND, NASARAPUR. It serves the Nasarapur 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 MAHB0000212 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 NASARAPUR of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0000212 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 MAHB0000212 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 MAHB0000212
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 MAHB0000212 across all three.
NEFT to Bank of Maharashtra, NASARAPUR using IFSC MAHB0000212
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 MAHB0000212, and confirm that the system picks up Bank of Maharashtra – NASARAPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NASARAPUR
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's NASARAPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000212 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 – NASARAPUR, use IMPS. With IFSC MAHB0000212 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 MAHB0000212 for Bank of Maharashtra – NASARAPUR, 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 – MAHB0000212 | Yes – MAHB0000212 | Yes – MAHB0000212 |
For most retail customers crediting the Nasarapur 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 MAHB0000212
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 – NASARAPUR is still mapped to IFSC MAHB0000212. 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 MAHB0000212 and the beneficiary's account number to complete the transfer.
Account types you can open at the Nasarapur branch
Once you have an account at Bank of Maharashtra – NASARAPUR, the IFSC MAHB0000212 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 Nasarapur 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 MAHB0000212
MICR & cheque-truncation details
Cheques drawn on the Nasarapur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0000212 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 Nasarapur 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 MAHB0000212 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 MAHB0000212
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 – NASARAPUR, 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:
MAHB0000212. - 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 Nasarapur branch sits at HARIKRIPA, SHETE BLDG, OPP. NASARAPUR S.T.STAND, NASARAPUR. If you are travelling from outside Nasarapur, search for the branch on a maps application using the bank name and locality, or call 91-9028381424 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 MAHB0000212 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0000212 for Bank of Maharashtra – NASARAPUR, 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.
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 Nasarapur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0000212, however, work 24x7.
Branch address & contact
Bank of MaharashtraNasarapur Branch
HARIKRIPA, SHETE BLDG, OPP. NASARAPUR S.T.STAND, NASARAPUR
Nasarapur, Maharashtra
Phone: 91-9028381424
IFSC: MAHB0000212
Frequently asked questions
Is IFSC MAHB0000212 the same for all accounts at Nasarapur branch?
Yes. The IFSC MAHB0000212 is shared by every account held at Bank of Maharashtra's Nasarapur branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of Maharashtra Nasarapur branch?
The IFSC code of Bank of Maharashtra, Nasarapur branch is MAHB0000212. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Bank of Maharashtra Nasarapur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000212, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Bank of Maharashtra Nasarapur branch?
You can reach the branch at 91-9028381424 during regular banking hours.
Can I use IFSC MAHB0000212 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0000212 to send funds instantly.
How quickly will an NEFT transfer using MAHB0000212 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Nasarapur reflect within 30 minutes.
Summary
The IFSC code MAHB0000212 belongs to Bank of Maharashtra's NASARAPUR branch, located at HARIKRIPA, SHETE BLDG, OPP. NASARAPUR S.T.STAND, NASARAPUR in NASARAPUR, 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.
