MAHB0001516: Bank of Maharashtra, Satellite, Ahmedabad
IFSC code MAHB0001516 belongs to the Satellite, Ahmedabad branch of Bank of Maharashtra in Ahmadabad, Gujarat. Its MICR code is 380014016.
- IFSC
- MAHB0001516
- MICR
- 380014016
- Branch
- Satellite, Ahmedabad
- District
- Ahmadabad
- State
- Gujarat
- Phone
- +916357374023
Branch address
Bank of Maharashtra
Sachet-Iv, Opp. Balaji Restaurant Jodhapur-Satellite, Ahmedabadprernatirth Jain Derasar Road
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 001516 is the code of the Satellite, Ahmedabad branch. In the MICR code 380014016, 380 is the city, 014 the bank and 016 the branch.
Other Bank of Maharashtra branches in Ahmadabad
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.
- Personal loan and business loan — apply once, see offers from several lenders.
- EMI calculator — the monthly payment for any amount and tenure.
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.
The IFSC of Bank of Maharashtra's Satellite, Ahmedabad branch (Ahmadabad, Gujarat) is MAHB0001516.
380014016. MICR is printed at the bottom of the branch's cheques.
Sachet-Iv, Opp. Balaji Restaurant Jodhapur-Satellite, Ahmedabadprernatirth Jain Derasar Road
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0001516 with the beneficiary's account number.
Ready to get started?
Pick a loan, share a few details and see the offers you may be eligible for — no obligation.
- One application
- Paperless, AA-based
- No obligation

