IFSC CODE DETAILS

BANK OF MAHARASHTRA

PARALI Branch

MAHB0000520

Branch Information

IFSC Code MAHB0000520
Bank BANK OF MAHARASHTRA
Branch PARALI
Address OPP CHHATRAPATI HIGH SCHOOL, PARALI, DIST SATARA
City PARALI
District SATARA
State MAHARASHTRA
STD Code 91

Understanding IFSC Code MAHB0000520

MAHB
Bank Code
0
Reserved
000520
Branch Code
  • MAHB: identifies BANK OF MAHARASHTRA
  • 0: reserved digit (always 0 for future use)
  • 000520: identifies the PARALI branch in PARALI, MAHARASHTRA

Frequently Asked Questions: MAHB0000520

What is the IFSC code of BANK OF MAHARASHTRA PARALI branch?

The IFSC code of BANK OF MAHARASHTRA PARALI branch is MAHB0000520. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in PARALI, MAHARASHTRA.

What does the IFSC code MAHB0000520 mean?

MAHB identifies BANK OF MAHARASHTRA, 0 is a reserved digit (always 0), and 000520 identifies the PARALI branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is BANK OF MAHARASHTRA PARALI branch located?

BANK OF MAHARASHTRA PARALI branch is located at OPP CHHATRAPATI HIGH SCHOOL, PARALI, DIST SATARA.

Can I use MAHB0000520 for NEFT, RTGS, IMPS and UPI?

Yes, MAHB0000520 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to BANK OF MAHARASHTRA PARALI.

What is the MICR code for BANK OF MAHARASHTRA PARALI branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code MAHB0000520 still active?

Based on RBI records, MAHB0000520 is an active IFSC code assigned to BANK OF MAHARASHTRA PARALI in PARALI, MAHARASHTRA. If you receive a transaction failure citing this IFSC, contact BANK OF MAHARASHTRA directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with BANK OF MAHARASHTRA or the RBI before initiating a high-value transfer.

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