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Bank of Maharashtra · East Nimar

MAHB0000517: Bank of Maharashtra, Chhegaon Makhan

IFSC code MAHB0000517 belongs to the Chhegaon Makhan branch of Bank of Maharashtra in East Nimar, Madhya Pradesh. Its MICR code is 450014003.

IFSC
MAHB0000517
MICR
450014003
Bank
Bank of Maharashtra
Branch
Chhegaon Makhan
District
East Nimar
State
Madhya Pradesh
Phone
+918516937208

Branch address

Bank of Maharashtra
Laxmi Bhawan, Bus Stand, Chhegaon Nakhan

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

MAHB is Bank of Maharashtra's bank code, the fifth character 0 is kept for future use, and 000517 is the code of the Chhegaon Makhan branch. In the MICR code 450014003, 450 is the city, 014 the bank and 003 the branch.

Other Bank of Maharashtra branches in East Nimar

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Bank of Maharashtra's Chhegaon Makhan branch (East Nimar, Madhya Pradesh) is MAHB0000517.

  2. 450014003. MICR is printed at the bottom of the branch's cheques.

  3. Laxmi Bhawan, Bus Stand, Chhegaon Nakhan

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0000517 with the beneficiary's account number.

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