Below are the complete branch details for Bank of Maharashtra, NASIYANUR branch, located in NASIYANUR, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0002953. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case MAHB0002953 for Bank of Maharashtra – NASIYANUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, MAHB0002953 is the IFSC of Bank of Maharashtra's NASIYANUR branch. The format is fixed: MAHB = bank code, 0 = reserved, 002953 = branch identifier.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Nasiyanur |
| IFSC Code | MAHB0002953 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, S.F. NO. 210/5, VASANTHAM NAGAR, VILLARASAMPATTI, NASIYANUR, DIST. - ERODE, TAMIL NADU - 638107 |
| City | Nasiyanur |
| District | Erode |
| State | Tamil Nadu |
| STD Code | 91 |
| Phone | 8489409189 |
Bank profile
Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Nasiyanur branch — IFSC MAHB0002953 — extends the bank's services to customers in and around Nasiyanur, Tamil Nadu.
Nasiyanur branch overview
Located at GROUND FLOOR, S.F. NO. 210/5, VASANTHAM NAGAR, VILLARASAMPATTI, NASIYANUR, DIST. - ERODE, TAMIL NADU - 638107, the Nasiyanur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0002953 is required for all interbank electronic transfers routed through this branch.
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 NASIYANUR of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0002953 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 MAHB0002953 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 MAHB0002953
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 MAHB0002953 across all three.
How to use IFSC MAHB0002953 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's NASIYANUR 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 MAHB0002953.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as NASIYANUR.
- 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 NASIYANUR
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's NASIYANUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0002953 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra NASIYANUR (IFSC MAHB0002953)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0002953 in your mobile or internet banking app, and the money is credited to the NASIYANUR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Nasiyanur
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 MAHB0002953:
- 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 NASIYANUR is still linked to IFSC MAHB0002953.
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 MAHB0002953
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 – NASIYANUR is still mapped to IFSC MAHB0002953. 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 MAHB0002953 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Nasiyanur branch is mapped to IFSC MAHB0002953 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 MAHB0002953.
Products and services
Customers walking into the Nasiyanur 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 MAHB0002953
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 MAHB0002953 and the account number together uniquely identify the Nasiyanur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC MAHB0002953
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the NASIYANUR 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 MAHB0002953 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 MAHB0002953
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 – NASIYANUR, 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:
MAHB0002953. - 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 Nasiyanur branch
The branch is located at GROUND FLOOR, S.F. NO. 210/5, VASANTHAM NAGAR, VILLARASAMPATTI, NASIYANUR, DIST. - ERODE, TAMIL NADU - 638107, which puts it inside Nasiyanur, the broader Erode district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Nasiyanur branch” — the verified location pin for IFSC MAHB0002953 should appear at the top of the results.
- Confirm the branch is open by calling 91-8489409189 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 MAHB0002953 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0002953 for Bank of Maharashtra – NASIYANUR, 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 Nasiyanur 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 MAHB0002953 continue to work without interruption.
Branch address & contact
Bank of MaharashtraNasiyanur Branch
GROUND FLOOR, S.F. NO. 210/5, VASANTHAM NAGAR, VILLARASAMPATTI, NASIYANUR, DIST. - ERODE, TAMIL NADU - 638107
Nasiyanur, Tamil Nadu
Phone: 91-8489409189
IFSC: MAHB0002953
Frequently asked questions
Is IFSC MAHB0002953 valid for NEFT and RTGS?
Yes. IFSC MAHB0002953 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Bank of Maharashtra Nasiyanur branch?
You can reach the branch at 91-8489409189 during regular banking hours.
Is IFSC MAHB0002953 the same for all accounts at Nasiyanur branch?
Yes. The IFSC MAHB0002953 is shared by every account held at Bank of Maharashtra's Nasiyanur branch. Only the account number changes from customer to customer.
Does Bank of Maharashtra Nasiyanur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8489409189 to confirm.
How quickly will an NEFT transfer using MAHB0002953 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Nasiyanur reflect within 30 minutes.
Can I use IFSC MAHB0002953 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0002953 to send funds instantly.
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 Nasiyanur branch but serve different purposes.
What is the IFSC code of Bank of Maharashtra Nasiyanur branch?
The IFSC code of Bank of Maharashtra, Nasiyanur branch is MAHB0002953. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: MAHB0002953 is the IFSC code of Bank of Maharashtra, NASIYANUR branch, in NASIYANUR, TAMIL NADU. 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.


