If you are searching for the IFSC code of Bank of Maharashtra, TALOJE PANCHNAD branch in TALOJA, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001860. 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 TALOJE PANCHNAD branch, and detailed step-by-step guides for using the IFSC MAHB0001860 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, MAHB0001860 is the IFSC of Bank of Maharashtra's TALOJE PANCHNAD branch. The format is fixed: MAHB = bank code, 0 = reserved, 001860 = branch identifier.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Taloje Panchnad branch in Taloja, Maharashtra is part of this network and uses the IFSC code MAHB0001860 for all electronic settlement.
About this branch
The branch is located at SHOP NO 7-8, KRISHNA ARCADE, PLOT NO.3,SECTO TALOJA. It serves the Taloja 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 MAHB0001860 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Taloje Panchnad |
| IFSC Code | MAHB0001860 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 7-8, KRISHNA ARCADE, PLOT NO.3,SECTO TALOJA |
| City | Taloja |
| District | Raigad |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8799968263 |
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 TALOJE PANCHNAD branch came to be assigned the code MAHB0001860.
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 MAHB0001860, money simply cannot be routed to the TALOJE PANCHNAD branch electronically.
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 MAHB0001860 and the account number together uniquely identify the Taloje Panchnad branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0001860
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 MAHB0001860 across all three.
How to use IFSC MAHB0001860 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's TALOJE PANCHNAD 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 MAHB0001860.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as TALOJE PANCHNAD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC MAHB0001860
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of Maharashtra – TALOJE PANCHNAD, ensure your bank's portal accepts IFSC MAHB0001860 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of Maharashtra TALOJE PANCHNAD (IFSC MAHB0001860)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001860 in your mobile or internet banking app, and the money is credited to the TALOJE PANCHNAD branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Taloje Panchnad
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 MAHB0001860:
- 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 TALOJE PANCHNAD is still linked to IFSC MAHB0001860.
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.
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 TALOJE PANCHNAD branch, the IFSC MAHB0001860 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.
Products and account variants supported
Every account opened at the Taloje Panchnad branch is mapped to IFSC MAHB0001860 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 MAHB0001860.
Products and services
Customers walking into the Taloje Panchnad 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 MAHB0001860
Online banking and IFSC MAHB0001860
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the TALOJE PANCHNAD 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 MAHB0001860 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.
How to reach the Taloje Panchnad branch
The branch is located at SHOP NO 7-8, KRISHNA ARCADE, PLOT NO.3,SECTO TALOJA, which puts it inside Taloja, the broader Raigad district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Taloje Panchnad branch” — the verified location pin for IFSC MAHB0001860 should appear at the top of the results.
- Confirm the branch is open by calling 91-8799968263 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 MAHB0001860 and your account number.
Common mistakes to avoid when using IFSC MAHB0001860
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 – TALOJE PANCHNAD, 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:
MAHB0001860. - 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.
Working hours
Branch counters at Taloje Panchnad 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 MAHB0001860 continue to work without interruption.
Verifying IFSC MAHB0001860 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm MAHB0001860 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8799968263.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraTaloje Panchnad Branch
SHOP NO 7-8, KRISHNA ARCADE, PLOT NO.3,SECTO TALOJA
Taloja, Maharashtra
Phone: 91-8799968263
IFSC: MAHB0001860
Frequently asked questions
Can I use IFSC MAHB0001860 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001860 to send funds instantly.
How quickly will an NEFT transfer using MAHB0001860 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Taloje Panchnad reflect within 30 minutes.
Where is Bank of Maharashtra Taloje Panchnad branch located?
Bank of Maharashtra's Taloje Panchnad branch is located at SHOP NO 7-8, KRISHNA ARCADE, PLOT NO.3,SECTO TALOJA, Taloja, Maharashtra.
What is the IFSC code of Bank of Maharashtra Taloje Panchnad branch?
The IFSC code of Bank of Maharashtra, Taloje Panchnad branch is MAHB0001860. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Bank of Maharashtra Taloje Panchnad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8799968263 to confirm.
How do I add Bank of Maharashtra Taloje Panchnad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001860, 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 Taloje Panchnad branch but serve different purposes.
Is IFSC MAHB0001860 the same for all accounts at Taloje Panchnad branch?
Yes. The IFSC MAHB0001860 is shared by every account held at Bank of Maharashtra's Taloje Panchnad branch. Only the account number changes from customer to customer.
Final notes
To recap: MAHB0001860 is the IFSC code of Bank of Maharashtra, TALOJE PANCHNAD branch, in TALOJA, 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.
