IFSC Code of Bank of Maharashtra, Karanje Shahupuri Satara Branch, Maharashtra

Below are the complete branch details for Bank of Maharashtra, KARANJE SHAHUPURI SATARA branch, located in SATARA, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0001836. 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 MAHB0001836 for Bank of Maharashtra – KARANJE SHAHUPURI SATARA — 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, MAHB0001836 is the IFSC of Bank of Maharashtra's KARANJE SHAHUPURI SATARA branch. The format is fixed: MAHB = bank code, 0 = reserved, 001836 = branch identifier.

About Bank of Maharashtra

Bank of Maharashtra operates a wide network of branches across India, including the Karanje Shahupuri Satara branch in Satara. 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, MAHB0001836.

Branch details at a glance

Karanje Shahupuri Satara branch overview

Located at 92, GANARAYA HOUSING SOCIETY, SHAHUPURI, KARANJ KARANJE, the Karanje Shahupuri Satara branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0001836 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 KARANJE SHAHUPURI SATARA of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0001836 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 MAHB0001836 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Karanje Shahupuri Satara branch is mapped to IFSC MAHB0001836 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 MAHB0001836.

Banking services available

The Karanje Shahupuri Satara branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7030924080.

• 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 MAHB0001836

How to transfer money using IFSC MAHB0001836

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 MAHB0001836 across all three.

How to use IFSC MAHB0001836 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's KARANJE SHAHUPURI SATARA 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC MAHB0001836.
4. Confirm the bank name auto-populates as Bank of Maharashtra and the branch as KARANJE SHAHUPURI SATARA.
5. 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 KARANJE SHAHUPURI SATARA

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's KARANJE SHAHUPURI SATARA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001836 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of Maharashtra KARANJE SHAHUPURI SATARA (IFSC MAHB0001836)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001836 in your mobile or internet banking app, and the money is credited to the KARANJE SHAHUPURI SATARA branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC MAHB0001836 for Bank of Maharashtra – KARANJE SHAHUPURI SATARA, 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.

For most retail customers crediting the Karanje Shahupuri Satara 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 KARANJE SHAHUPURI SATARA branch, the IFSC MAHB0001836 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 MAHB0001836

Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the KARANJE SHAHUPURI SATARA 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 MAHB0001836 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 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 MAHB0001836 and the account number together uniquely identify the Karanje Shahupuri Satara branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of Maharashtra – KARANJE SHAHUPURI SATARA:

• The IFSC is exactly MAHB0001836 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Bank of Maharashtra as the bank name and KARANJE SHAHUPURI SATARA as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Karanje Shahupuri Satara branch sits at 92, GANARAYA HOUSING SOCIETY, SHAHUPURI, KARANJ KARANJE. If you are travelling from outside Satara, search for the branch on a maps application using the bank name and locality, or call 91-7030924080 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 MAHB0001836 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MAHB0001836 for Bank of Maharashtra – KARANJE SHAHUPURI SATARA, 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 Karanje Shahupuri Satara 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 MAHB0001836 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0001836 is the IFSC code of Bank of Maharashtra, KARANJE SHAHUPURI SATARA branch, in SATARA, 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.