Use this page as a one-stop reference for everything related to Bank of Maharashtra's SAMBALPUR branch in SAMBALPUR, ODISHA. The branch's IFSC code MAHB0001824 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.
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 – SAMBALPUR is MAHB0001824. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001824 map to this branch in SAMBALPUR, ODISHA.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Sambalpur branch in Sambalpur, Odisha is part of this network and uses the IFSC code MAHB0001824 for all electronic settlement.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Sambalpur |
| IFSC Code | MAHB0001824 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UPPER GROUD FLOOR,SHIVLOK COMPLEX SAMBALPURGAIETY TALKIES ROAD,NEAR GOL BAZAR |
| City | Sambalpur |
| District | Sambalpur |
| State | Odisha |
| STD Code | 91 |
| Phone | 6370704855 |
About the Sambalpur branch
The Sambalpur branch of Bank of Maharashtra is situated at UPPER GROUD FLOOR,SHIVLOK COMPLEX SAMBALPURGAIETY TALKIES ROAD,NEAR GOL BAZAR. 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 MAHB0001824 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 SAMBALPUR branch came to be assigned the code MAHB0001824.
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 MAHB0001824, money simply cannot be routed to the SAMBALPUR branch electronically.
Products and account variants supported
Every account opened at the Sambalpur branch is mapped to IFSC MAHB0001824 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 MAHB0001824.
Products and services
Customers walking into the Sambalpur 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 MAHB0001824
How to transfer money using IFSC MAHB0001824
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 MAHB0001824 across all three.
NEFT to Bank of Maharashtra, SAMBALPUR using IFSC MAHB0001824
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 MAHB0001824, and confirm that the system picks up Bank of Maharashtra – SAMBALPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SAMBALPUR
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's SAMBALPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001824 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra SAMBALPUR (IFSC MAHB0001824)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001824 in your mobile or internet banking app, and the money is credited to the SAMBALPUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0001824 for Bank of Maharashtra – SAMBALPUR, 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 – MAHB0001824 | Yes – MAHB0001824 | Yes – MAHB0001824 |
For most retail customers crediting the Sambalpur 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 SAMBALPUR branch, the IFSC MAHB0001824 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.
Digital banking channels
Most day-to-day work that customers used to do at the Sambalpur 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 MAHB0001824 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 & cheque-truncation details
Cheques drawn on the Sambalpur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001824 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 MAHB0001824
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 – SAMBALPUR, 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:
MAHB0001824. - 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 Sambalpur branch sits at UPPER GROUD FLOOR,SHIVLOK COMPLEX SAMBALPURGAIETY TALKIES ROAD,NEAR GOL BAZAR. If you are travelling from outside Sambalpur, search for the branch on a maps application using the bank name and locality, or call 91-6370704855 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 MAHB0001824 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0001824 for Bank of Maharashtra – SAMBALPUR, 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 Sambalpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001824, however, work 24x7.
Branch address & contact
Bank of MaharashtraSambalpur Branch
UPPER GROUD FLOOR,SHIVLOK COMPLEX SAMBALPURGAIETY TALKIES ROAD,NEAR GOL BAZAR
Sambalpur, Odisha
Phone: 91-6370704855
IFSC: MAHB0001824
Frequently asked questions
What is the phone number of Bank of Maharashtra Sambalpur branch?
You can reach the branch at 91-6370704855 during regular banking hours.
Can I use IFSC MAHB0001824 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001824 to send funds instantly.
What is the IFSC code of Bank of Maharashtra Sambalpur branch?
The IFSC code of Bank of Maharashtra, Sambalpur branch is MAHB0001824. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC MAHB0001824 the same for all accounts at Sambalpur branch?
Yes. The IFSC MAHB0001824 is shared by every account held at Bank of Maharashtra's Sambalpur branch. Only the account number changes from customer to customer.
How do I add Bank of Maharashtra Sambalpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001824, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Sambalpur branch but serve different purposes.
Where is Bank of Maharashtra Sambalpur branch located?
Bank of Maharashtra's Sambalpur branch is located at UPPER GROUD FLOOR,SHIVLOK COMPLEX SAMBALPURGAIETY TALKIES ROAD,NEAR GOL BAZAR, Sambalpur, Odisha.
Summary
The IFSC code MAHB0001824 belongs to Bank of Maharashtra's SAMBALPUR branch, located at UPPER GROUD FLOOR,SHIVLOK COMPLEX SAMBALPURGAIETY TALKIES ROAD,NEAR GOL BAZAR in SAMBALPUR, ODISHA. 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.
