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Bank of Maharashtra · Sangli

MAHB0001856: Bank of Maharashtra, Budhagaon

IFSC code MAHB0001856 belongs to the Budhagaon branch of Bank of Maharashtra in Sangli, Maharashtra. Its MICR code is 416014502.

IFSC
MAHB0001856
MICR
416014502
Bank
Bank of Maharashtra
Branch
Budhagaon
District
Sangli
State
Maharashtra
Phone
+918956480140

Branch address

Bank of Maharashtra
C.S.No.770/771, Near Namdeo Mandir, Bazar Pet, Budhgaon

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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 001856 is the code of the Budhagaon branch. In the MICR code 416014502, 416 is the city, 014 the bank and 502 the branch.

Other Bank of Maharashtra branches in Sangli

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 Budhagaon branch (Sangli, Maharashtra) is MAHB0001856.

  2. 416014502. MICR is printed at the bottom of the branch's cheques.

  3. C.S.No.770/771, Near Namdeo Mandir, Bazar Pet, Budhgaon

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0001856 with the beneficiary's account number.

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