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Bank of Maharashtra · Hydrabad

MAHB0002209: Bank of Maharashtra, Pragati Nagar

IFSC code MAHB0002209 belongs to the Pragati Nagar branch of Bank of Maharashtra in Hydrabad, Telangana. Its MICR code is 500014025.

IFSC
MAHB0002209
MICR
500014025
Bank
Bank of Maharashtra
Branch
Pragati Nagar
District
Hydrabad
State
Telangana
Phone
+918217331581

Branch address

Bank of Maharashtra
Shop No 1,8-26/3615 and 3617shri Sai Krishna Colony, Pragati Nagar

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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 002209 is the code of the Pragati Nagar branch. In the MICR code 500014025, 500 is the city, 014 the bank and 025 the branch.

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 Pragati Nagar branch (Hydrabad, Telangana) is MAHB0002209.

  2. 500014025. MICR is printed at the bottom of the branch's cheques.

  3. Shop No 1,8-26/3615 and 3617shri Sai Krishna Colony, Pragati Nagar

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0002209 with the beneficiary's account number.

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