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Bank of Maharashtra · Valsad

MAHB0000531: Bank of Maharashtra, Kolak

IFSC code MAHB0000531 belongs to the Kolak branch of Bank of Maharashtra in Valsad, Gujarat. Its MICR code is 396014501.

IFSC
MAHB0000531
MICR
396014501
Bank
Bank of Maharashtra
Branch
Kolak
District
Valsad
State
Gujarat
Phone
+916352617323

Branch address

Bank of Maharashtra
Near Kolak Gram Panchayattal-Pardi, Kolak

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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 000531 is the code of the Kolak branch. In the MICR code 396014501, 396 is the city, 014 the bank and 501 the branch.

Other Bank of Maharashtra branches in Valsad

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 Kolak branch (Valsad, Gujarat) is MAHB0000531.

  2. 396014501. MICR is printed at the bottom of the branch's cheques.

  3. Near Kolak Gram Panchayattal-Pardi, Kolak

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0000531 with the beneficiary's account number.

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