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Bank of Maharashtra

WADEGAON BRANCH

+919630187833

IFSC CODE
MAHB0000833
MICR Code 480014019
Branch Code 000833
City / District WADEGAON
State MADHYA PRADESH
Office Address WADEGAON,TEH.PANDHURNA 480338
Phone +919630187833
📍 View Branch on Google Maps

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 WADEGAON branch of Bank of Maharashtra, the code MAHB0000833 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 MAHB0000833 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 WADEGAON

Payment Systems Supported by MAHB0000833

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—480014019—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 WADEGAON typically follows the RBI holiday calendar. Digital transfers via MAHB0000833 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 MAHB0000833 is the valid code for WADEGAON at WADEGAON, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Bank of Maharashtra Branch List
  • • WADEGAON IFSC Codes
  • • Swift Code for Bank of Maharashtra
  • • Bank Holiday in MADHYA PRADESH

Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
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Branch Context

  • • WADEGAON Contact
  • • Address of Bank of Maharashtra
  • • MICR Code Finder
  • • MADHYA PRADESH Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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