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Bank of Maharashtra · Shahid Bhagat Singh Nagar

MAHB0001242: Bank of Maharashtra, Nawanshahr Branch

IFSC code MAHB0001242 belongs to the Nawanshahr Branch branch of Bank of Maharashtra in Shahid Bhagat Singh Nagar, Punjab. Its MICR code is 144014101.

IFSC
MAHB0001242
MICR
144014101
Bank
Bank of Maharashtra
Branch
Nawanshahr Branch
District
Shahid Bhagat Singh Nagar
State
Punjab
Phone
+911823228022

Branch address

Bank of Maharashtra
Chandigarh Road, Near Sutlej Cinema, Kothi Road, Nawanshahr

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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 001242 is the code of the Nawanshahr Branch branch. In the MICR code 144014101, 144 is the city, 014 the bank and 101 the branch.

Other Bank of Maharashtra branches in Shahid Bhagat Singh Nagar

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 Nawanshahr Branch branch (Shahid Bhagat Singh Nagar, Punjab) is MAHB0001242.

  2. 144014101. MICR is printed at the bottom of the branch's cheques.

  3. Chandigarh Road, Near Sutlej Cinema, Kothi Road, Nawanshahr

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0001242 with the beneficiary's account number.

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