If you are searching for the IFSC code of Bank of Maharashtra, HOUSING FINANCE BRANCH NASIK branch in NASIK, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0002423. 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 HOUSING FINANCE BRANCH NASIK branch, and detailed step-by-step guides for using the IFSC MAHB0002423 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, MAHB0002423 is the IFSC of Bank of Maharashtra's HOUSING FINANCE BRANCH NASIK branch. The format is fixed: MAHB = bank code, 0 = reserved, 002423 = branch identifier.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Housing Finance Branch Nasik |
| IFSC Code | MAHB0002423 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 1ST FLOOR, JANMANGAL, TILAK ROAD, NASIK, DISTRICT-NASIK, MAHARASHTRA-422001 |
| City | Nasik |
| District | Nasik |
| State | Maharashtra |
| STD Code | 253 |
| Phone | 2593624 |
About Bank of Maharashtra
Bank of Maharashtra operates a wide network of branches across India, including the Housing Finance Branch Nasik branch in Nasik. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MAHB0002423.
About this branch
The branch is located at 1ST FLOOR, JANMANGAL, TILAK ROAD, NASIK, DISTRICT-NASIK, MAHARASHTRA-422001. It serves the Nasik 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 MAHB0002423 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 HOUSING FINANCE BRANCH NASIK of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0002423 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 MAHB0002423 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 MAHB0002423
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 MAHB0002423 across all three.
NEFT to Bank of Maharashtra, HOUSING FINANCE BRANCH NASIK using IFSC MAHB0002423
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 MAHB0002423, and confirm that the system picks up Bank of Maharashtra – HOUSING FINANCE BRANCH NASIK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to HOUSING FINANCE BRANCH NASIK
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's HOUSING FINANCE BRANCH NASIK branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0002423 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 – HOUSING FINANCE BRANCH NASIK, use IMPS. With IFSC MAHB0002423 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 MAHB0002423 for Bank of Maharashtra – HOUSING FINANCE BRANCH NASIK, 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 – MAHB0002423 | Yes – MAHB0002423 | Yes – MAHB0002423 |
For most retail customers crediting the Housing Finance Branch Nasik 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 MAHB0002423
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 – HOUSING FINANCE BRANCH NASIK is still mapped to IFSC MAHB0002423. 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 MAHB0002423 and the beneficiary's account number to complete the transfer.
Account types you can open at the Housing Finance Branch Nasik branch
Once you have an account at Bank of Maharashtra – HOUSING FINANCE BRANCH NASIK, the IFSC MAHB0002423 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 Housing Finance Branch Nasik branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 253-2593624.
- 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 MAHB0002423
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 MAHB0002423 and the account number together uniquely identify the Housing Finance Branch Nasik branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC MAHB0002423
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the HOUSING FINANCE BRANCH NASIK 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 MAHB0002423 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.
Common mistakes to avoid when using IFSC MAHB0002423
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 – HOUSING FINANCE BRANCH NASIK, 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:
MAHB0002423. - 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.
How to reach the Housing Finance Branch Nasik branch
The branch is located at 1ST FLOOR, JANMANGAL, TILAK ROAD, NASIK, DISTRICT-NASIK, MAHARASHTRA-422001, which puts it inside Nasik, the broader Nasik district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Housing Finance Branch Nasik branch” — the verified location pin for IFSC MAHB0002423 should appear at the top of the results.
- Confirm the branch is open by calling 253-2593624 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 MAHB0002423 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0002423 for Bank of Maharashtra – HOUSING FINANCE BRANCH NASIK, 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 Housing Finance Branch Nasik branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0002423, however, work 24x7.
Branch address & contact
Bank of MaharashtraHousing Finance Branch Nasik Branch
1ST FLOOR, JANMANGAL, TILAK ROAD, NASIK, DISTRICT-NASIK, MAHARASHTRA-422001
Nasik, Maharashtra
Phone: 253-2593624
IFSC: MAHB0002423
Frequently asked questions
Can I use IFSC MAHB0002423 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0002423 to send funds instantly.
What is the IFSC code of Bank of Maharashtra Housing Finance Branch Nasik branch?
The IFSC code of Bank of Maharashtra, Housing Finance Branch Nasik branch is MAHB0002423. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC MAHB0002423 valid for NEFT and RTGS?
Yes. IFSC MAHB0002423 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Bank of Maharashtra Housing Finance Branch Nasik as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0002423, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using MAHB0002423 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Housing Finance Branch Nasik reflect within 30 minutes.
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 Housing Finance Branch Nasik branch but serve different purposes.
Summary
The IFSC code MAHB0002423 belongs to Bank of Maharashtra's HOUSING FINANCE BRANCH NASIK branch, located at 1ST FLOOR, JANMANGAL, TILAK ROAD, NASIK, DISTRICT-NASIK, MAHARASHTRA-422001 in NASIK, 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.
