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Bank of Maharashtra · Raigad

MAHB0001597: Bank of Maharashtra, New Panvel

IFSC code MAHB0001597 belongs to the New Panvel branch of Bank of Maharashtra in Raigad, Maharashtra. Its MICR code is 400014156.

IFSC
MAHB0001597
MICR
400014156
Bank
Bank of Maharashtra
Branch
New Panvel
District
Raigad
State
Maharashtra
Phone
+918799968256

Branch address

Bank of Maharashtra
Shop No.8,9 and 10, Tulsi Height Panvelsector No.5

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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 001597 is the code of the New Panvel branch. In the MICR code 400014156, 400 is the city, 014 the bank and 156 the branch.

Other Bank of Maharashtra branches in Raigad

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 New Panvel branch (Raigad, Maharashtra) is MAHB0001597.

  2. 400014156. MICR is printed at the bottom of the branch's cheques.

  3. Shop No.8,9 and 10, Tulsi Height Panvelsector No.5

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0001597 with the beneficiary's account number.

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