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Verified Branch

Bank of Maharashtra

MHASRUL Branch, NASIK

IFSC Code
MAHB0002578
Required for NEFT, RTGS, IMPS money transfers
MICR Code
422014038
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

MAHB Bank Code (1-4)
0 Control Zero (5th)
002578 Branch Code (6-11)

Complete Branch Details

Full Address GETAI COMPLEX, DINDORI ROAD, MHASRUL, DIST-NASIK, MAHARASHTRA-422004
State MAHARASHTRA
District / City NASIK
Centre / Region NASIK
Contact / Helpline +919145004353
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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 MAHB0002578.
  4. Confirm bank name displays as Bank of Maharashtra and branch as MHASRUL.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (MAHB0002578)

What is the IFSC code of Bank of Maharashtra MHASRUL branch?

The verified 11-digit IFSC code is MAHB0002578. 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 MHASRUL?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 422014038. 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 GETAI COMPLEX, DINDORI ROAD, MHASRUL, DIST-NASIK, MAHARASHTRA-422004, located in NASIK district, MAHARASHTRA.