PALASIA Branch
The IFSC code of BANK OF MAHARASHTRA PALASIA branch is MAHB0001190. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in GAWLI PALASIA, MADHYA PRADESH.
MAHB identifies BANK OF MAHARASHTRA, 0 is a reserved digit (always 0), and 001190 identifies the PALASIA branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.
BANK OF MAHARASHTRA PALASIA branch is located at 18, KANCHAN SAGAR, A.B.ROAD, PALASIA, INDORE, P.O. PALASIA.
Yes, MAHB0001190 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 PALASIA.
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.
Based on RBI records, MAHB0001190 is an active IFSC code assigned to BANK OF MAHARASHTRA PALASIA in GAWLI PALASIA, MADHYA PRADESH. 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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