Below are the complete branch details for Bank of Maharashtra, RALEGAON SHINDI branch, located in RALEGAON SHINDI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0000871. 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 MAHB0000871 for Bank of Maharashtra – RALEGAON SHINDI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 – RALEGAON SHINDI is MAHB0000871. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000871 map to this branch in RALEGAON SHINDI, MAHARASHTRA.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Ralegaon Shindi branch in Ralegaon Shindi, Maharashtra is part of this network and uses the IFSC code MAHB0000871 for all electronic settlement.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Ralegaon Shindi |
| IFSC Code | MAHB0000871 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GRAMPANCHAYAT BUILDING, RALEGAON SHINDI, TEH. PARNER |
| City | Ralegaon Shindi |
| District | Ahilyanagar |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9699700971 |
Ralegaon Shindi branch overview
Located at GRAMPANCHAYAT BUILDING, RALEGAON SHINDI, TEH. PARNER, the Ralegaon Shindi branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0000871 is required for all interbank electronic transfers routed through this branch.
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 RALEGAON SHINDI branch came to be assigned the code MAHB0000871.
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 MAHB0000871, money simply cannot be routed to the RALEGAON SHINDI branch electronically.
Products and account variants supported
Every account opened at the Ralegaon Shindi branch is mapped to IFSC MAHB0000871 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 MAHB0000871.
Banking services available
The Ralegaon Shindi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9699700971.
- 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 MAHB0000871
How to transfer money using IFSC MAHB0000871
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 MAHB0000871 across all three.
How to use IFSC MAHB0000871 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's RALEGAON SHINDI 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 MAHB0000871.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as RALEGAON SHINDI.
- 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 RALEGAON SHINDI
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's RALEGAON SHINDI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000871 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra RALEGAON SHINDI (IFSC MAHB0000871)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0000871 in your mobile or internet banking app, and the money is credited to the RALEGAON SHINDI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0000871 for Bank of Maharashtra – RALEGAON SHINDI, 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 – MAHB0000871 | Yes – MAHB0000871 | Yes – MAHB0000871 |
For most retail customers crediting the Ralegaon Shindi 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 RALEGAON SHINDI branch, the IFSC MAHB0000871 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.
Online banking and IFSC MAHB0000871
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the RALEGAON SHINDI 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 MAHB0000871 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.
MICR & cheque-truncation details
Cheques drawn on the Ralegaon Shindi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0000871 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC MAHB0000871
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 – RALEGAON SHINDI, 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:
MAHB0000871. - 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 Ralegaon Shindi branch sits at GRAMPANCHAYAT BUILDING, RALEGAON SHINDI, TEH. PARNER. If you are travelling from outside Ralegaon Shindi, search for the branch on a maps application using the bank name and locality, or call 91-9699700971 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 MAHB0000871 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0000871 for Bank of Maharashtra – RALEGAON SHINDI, 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 Ralegaon Shindi 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 MAHB0000871 continue to work without interruption.
Branch address & contact
Bank of MaharashtraRalegaon Shindi Branch
GRAMPANCHAYAT BUILDING, RALEGAON SHINDI, TEH. PARNER
Ralegaon Shindi, Maharashtra
Phone: 91-9699700971
IFSC: MAHB0000871
Frequently asked questions
Is IFSC MAHB0000871 valid for NEFT and RTGS?
Yes. IFSC MAHB0000871 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Bank of Maharashtra Ralegaon Shindi branch located?
Bank of Maharashtra's Ralegaon Shindi branch is located at GRAMPANCHAYAT BUILDING, RALEGAON SHINDI, TEH. PARNER, Ralegaon Shindi, Maharashtra.
Does Bank of Maharashtra Ralegaon Shindi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9699700971 to confirm.
Is IFSC MAHB0000871 the same for all accounts at Ralegaon Shindi branch?
Yes. The IFSC MAHB0000871 is shared by every account held at Bank of Maharashtra's Ralegaon Shindi branch. Only the account number changes from customer to customer.
What is the phone number of Bank of Maharashtra Ralegaon Shindi branch?
You can reach the branch at 91-9699700971 during regular banking hours.
Can I use IFSC MAHB0000871 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0000871 to send funds instantly.
Final notes
To recap: MAHB0000871 is the IFSC code of Bank of Maharashtra, RALEGAON SHINDI branch, in RALEGAON SHINDI, 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.
