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Verified Branch

Bank of Maharashtra

ALIBAG Branch, RAIGAD

IFSC Code
MAHB0000229
Required for NEFT, RTGS, IMPS money transfers
MICR Code
402014001
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

MAHB Bank Code (1-4)
0 Control Zero (5th)
000229 Branch Code (6-11)

Complete Branch Details

Full Address KARVE BLDG., MAHARSHI KARVE MARG. ALIBAG
State MAHARASHTRA
District / City ALIBAG
Centre / Region ALIBAG
Contact / Helpline +919699789028
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code MAHB0000229.
  4. Confirm bank name displays as Bank of Maharashtra and branch as ALIBAG.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (MAHB0000229)

What is the IFSC code of Bank of Maharashtra ALIBAG branch? ↓

The verified 11-digit IFSC code is MAHB0000229. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Bank of Maharashtra ALIBAG? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 402014001. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is KARVE BLDG., MAHARSHI KARVE MARG. ALIBAG, located in ALIBAG district, MAHARASHTRA.

Other Bank of Maharashtra Branches in ALIBAG

MAHB0000116

PUNE-KARVE ROAD Branch

PUNE, MAHARASHTRA

 MAHB0000478

GADMUDSHINGI Branch

KOLHAPUR, MAHARASHTRA

 MAHB0000251

POYNAD Branch

RAIGAD, MAHARASHTRA

 MAHB0000793

CHASKAMAN Branch

PUNE, MAHARASHTRA

 MAHB0000852

PUNE-MAYUR COLONY Branch

PUNE, MAHARASHTRA

 MAHB0000970

PUNE-KARVE NAGAR Branch

PUNE, MAHARASHTRA

 MAHB0001165

KARVENAGAR, NAGPUR Branch

NAGPUR, MAHARASHTRA

 MAHB0001942

KARVE NAKA Branch

SATARA, MAHARASHTRA

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