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Bank of Maharashtra · Chandigarh

MAHB0002243: Bank of Maharashtra, Industrial Area Phase-I

IFSC code MAHB0002243 belongs to the Industrial Area Phase-I branch of Bank of Maharashtra in Chandigarh, Chandigarh. Its MICR code is 160014011.

IFSC
MAHB0002243
MICR
160014011
Bank
Bank of Maharashtra
Branch
Industrial Area Phase-I
District
Chandigarh
State
Chandigarh
Phone
+919875993185

Branch address

Bank of Maharashtra
Bay-16, MVV Marketindustrial Area Phase-I, Chandigarh

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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 002243 is the code of the Industrial Area Phase-I branch. In the MICR code 160014011, 160 is the city, 014 the bank and 011 the branch.

Other Bank of Maharashtra branches in Chandigarh

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 Industrial Area Phase-I branch (Chandigarh, Chandigarh) is MAHB0002243.

  2. 160014011. MICR is printed at the bottom of the branch's cheques.

  3. Bay-16, MVV Marketindustrial Area Phase-I, Chandigarh

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0002243 with the beneficiary's account number.

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