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Verified Branch

Bank of Maharashtra

PAT-PARULE Branch, SINDHUDURG

IFSC Code
MAHB0000508
Required for NEFT, RTGS, IMPS money transfers
MICR Code
416014996
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

MAHB Bank Code (1-4)
0 Control Zero (5th)
000508 Branch Code (6-11)

Complete Branch Details

Full Address SHIRSAT BLDG, BAZAR ROAD, PATPARULE, TALUKA-CHIPLUN
State MAHARASHTRA
District / City CHIPLUN
Centre / Region CHIPLUN
Contact / Helpline +918657472901
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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 MAHB0000508.
  4. Confirm bank name displays as Bank of Maharashtra and branch as PAT-PARULE.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (MAHB0000508)

What is the IFSC code of Bank of Maharashtra PAT-PARULE branch? ↓

The verified 11-digit IFSC code is MAHB0000508. 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 PAT-PARULE? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 416014996. 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 SHIRSAT BLDG, BAZAR ROAD, PATPARULE, TALUKA-CHIPLUN, located in CHIPLUN district, MAHARASHTRA.

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