IFSC CODE DETAILS

BANK OF MAHARASHTRA

BAWADA Branch

MAHB0001624

Branch Information

IFSC Code MAHB0001624
Bank BANK OF MAHARASHTRA
Branch BAWADA
Address DR NETAJI BABANRAO PATIL S HOUSE, NEAR S B PAT PUNE
City BAVADA
District PUNE
State MAHARASHTRA
STD Code 91

Understanding IFSC Code MAHB0001624

MAHB
Bank Code
0
Reserved
001624
Branch Code
  • MAHB: identifies BANK OF MAHARASHTRA
  • 0: reserved digit (always 0 for future use)
  • 001624: identifies the BAWADA branch in BAVADA, MAHARASHTRA

Frequently Asked Questions: MAHB0001624

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

The IFSC code of BANK OF MAHARASHTRA BAWADA branch is MAHB0001624. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in BAVADA, MAHARASHTRA.

What does the IFSC code MAHB0001624 mean?

MAHB identifies BANK OF MAHARASHTRA, 0 is a reserved digit (always 0), and 001624 identifies the BAWADA branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is BANK OF MAHARASHTRA BAWADA branch located?

BANK OF MAHARASHTRA BAWADA branch is located at DR NETAJI BABANRAO PATIL S HOUSE, NEAR S B PAT PUNE.

Can I use MAHB0001624 for NEFT, RTGS, IMPS and UPI?

Yes, MAHB0001624 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 BAWADA.

What is the MICR code for BANK OF MAHARASHTRA BAWADA 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 MAHB0001624 still active?

Based on RBI records, MAHB0001624 is an active IFSC code assigned to BANK OF MAHARASHTRA BAWADA in BAVADA, 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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