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Verified Branch

Bank of Maharashtra

BARGAWAN Branch, KATNI

IFSC Code
MAHB0002316
Required for NEFT, RTGS, IMPS money transfers
MICR Code
483014051
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

MAHB Bank Code (1-4)
0 Control Zero (5th)
002316 Branch Code (6-11)

Complete Branch Details

Full Address 20, COMMERCIAL COMPLEX, M.P HOUSING BOARD COLONY, BARGAWAN, KATNI-483501
State MADHYA PRADESH
District / City BARGAWAN
Centre / Region BARGAWAN
Contact / Helpline +918839493787
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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 MAHB0002316.
  4. Confirm bank name displays as Bank of Maharashtra and branch as BARGAWAN.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (MAHB0002316)

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

The verified 11-digit IFSC code is MAHB0002316. 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 BARGAWAN? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 483014051. 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 20, COMMERCIAL COMPLEX, M.P HOUSING BOARD COLONY, BARGAWAN, KATNI-483501, located in BARGAWAN district, MADHYA PRADESH.

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