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Bank of Maharashtra

ALLAPALLI BRANCH

+918799903659

IFSC CODE
MAHB0000272
MICR Code 442014004
Branch Code 000272
City / District ALLAPALLI
State MAHARASHTRA
Office Address BEZALWAR BUILDING MAIN ROAD ALLAPALLI TEH AHERI DIST GADCHIROLI 442703
Phone +918799903659
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Understanding IFSC Code: The Digital DNA of Bank of Maharashtra

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the ALLAPALLI branch of Bank of Maharashtra, the code MAHB0000272 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the MAHB0000272 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"MAHB" represents Bank of Maharashtra

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for ALLAPALLI

Payment Systems Supported by MAHB0000272

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—442014004—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of Maharashtra in ALLAPALLI typically follows the RBI holiday calendar. Digital transfers via MAHB0000272 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While MAHB0000272 is the valid code for ALLAPALLI at ALLAPALLI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • ALLAPALLI Contact
  • • Address of Bank of Maharashtra
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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