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Bank of Maharashtra · Chennai

MAHB0002989: Bank of Maharashtra, Korattur

IFSC code MAHB0002989 belongs to the Korattur branch of Bank of Maharashtra in Chennai, Tamil Nadu. Its MICR code is 600014025.

IFSC
MAHB0002989
MICR
600014025
Bank
Bank of Maharashtra
Branch
Korattur
District
Chennai
State
Tamil Nadu
Phone
+917824892584

Branch address

Bank of Maharashtra
No.13, Shanthi Colony, Second Street, Korattur, Chennai, Tamil Nadu-600080

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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 002989 is the code of the Korattur branch. In the MICR code 600014025, 600 is the city, 014 the bank and 025 the branch.

Other Bank of Maharashtra branches in Chennai

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 Korattur branch (Chennai, Tamil Nadu) is MAHB0002989.

  2. 600014025. MICR is printed at the bottom of the branch's cheques.

  3. No.13, Shanthi Colony, Second Street, Korattur, Chennai, Tamil Nadu-600080

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MAHB0002989 with the beneficiary's account number.

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