IFSC Code of Bank of Maharashtra, Thane Municipal Corp.Branch Branch, Maharashtra

If you are searching for the IFSC code of Bank of Maharashtra, THANE MUNICIPAL CORP.BRANCH branch in THANE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001216. 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 THANE MUNICIPAL CORP.BRANCH branch, and detailed step-by-step guides for using the IFSC MAHB0001216 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.

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 – THANE MUNICIPAL CORP.BRANCH is MAHB0001216. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001216 map to this branch in THANE, MAHARASHTRA.

Bank profile

Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Thane Municipal Corp.Branch branch — IFSC MAHB0001216 — extends the bank's services to customers in and around Thane, Maharashtra.

Branch details at a glance

About this branch

The branch is located at THANE MUNICIPAL CORP BLDG, GROUND FLRPANCHPAKHADI THANE W. It serves the Thane 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 MAHB0001216 is used to identify this branch on the RBI payments network.

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 THANE MUNICIPAL CORP.BRANCH branch came to be assigned the code MAHB0001216.

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 MAHB0001216, money simply cannot be routed to the THANE MUNICIPAL CORP.BRANCH branch electronically.

Products and account variants supported

Every account opened at the Thane Municipal Corp.Branch branch is mapped to IFSC MAHB0001216 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 MAHB0001216.

Products and services

Customers walking into the Thane Municipal Corp.Branch 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 MAHB0001216

How to transfer money using IFSC MAHB0001216

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 MAHB0001216 across all three.

How to use IFSC MAHB0001216 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's THANE MUNICIPAL CORP.BRANCH 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 MAHB0001216.
4. Confirm the bank name auto-populates as Bank of Maharashtra and the branch as THANE MUNICIPAL CORP.BRANCH.
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 THANE MUNICIPAL CORP.BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's THANE MUNICIPAL CORP.BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001216 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of Maharashtra THANE MUNICIPAL CORP.BRANCH (IFSC MAHB0001216)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001216 in your mobile or internet banking app, and the money is credited to the THANE MUNICIPAL CORP.BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Thane Municipal Corp.Branch

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 MAHB0001216:

• 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 THANE MUNICIPAL CORP.BRANCH is still linked to IFSC MAHB0001216.

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 THANE MUNICIPAL CORP.BRANCH branch, the IFSC MAHB0001216 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 Thane Municipal Corp.Branch 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 MAHB0001216 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 Thane Municipal Corp.Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001216 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – THANE MUNICIPAL CORP.BRANCH:

• The IFSC is exactly MAHB0001216 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 THANE MUNICIPAL CORP.BRANCH 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 Thane Municipal Corp.Branch branch sits at THANE MUNICIPAL CORP BLDG, GROUND FLRPANCHPAKHADI THANE W. If you are travelling from outside Thane, search for the branch on a maps application using the bank name and locality, or call 91-9607141216 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 MAHB0001216 and your account number.

Verifying IFSC MAHB0001216 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 MAHB0001216 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-9607141216.
• Visiting the bank's official branch locator page.

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 Thane Municipal Corp.Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001216, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0001216 is the IFSC code of Bank of Maharashtra, THANE MUNICIPAL CORP.BRANCH branch, in THANE, 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.