BANK OF MAHARASHTRAVerified Feb 2026

BANK OF MAHARASHTRA IFSC Code – SAGVE, SAGAVE

Complete bank details including IFSC code, MICR code, address and payment facilities for SAGVE branch.

IFSC Code
MAHB0000741

Bank Details

Bank NameBANK OF MAHARASHTRA
Branch NameSAGVE
IFSC CodeMAHB0000741
MICR Code416014025
AddressKATRADEVIWADI,AT%POST BURAMBI-416702
CitySAGAVE
DistrictRATNAGIRI
StateMAHARASHTRA
Contact220430

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code MAHB0000741

The IFSC code MAHB0000741 uniquely identifies the SAGVE branch of BANK OF MAHARASHTRA located in SAGAVE, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code MAHB0000741

  • First 4 characters (MAHB) – Represents BANK OF MAHARASHTRA bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000741) – Unique branch identifier for SAGVE

How to Use IFSC Code MAHB0000741

To transfer money to any account at BANK OF MAHARASHTRA SAGVE branch, you will need to provide the IFSC code MAHB0000741 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SAGVE

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About BANK OF MAHARASHTRA SAGVE Branch

BANK OF MAHARASHTRA SAGVE is a branch of BANK OF MAHARASHTRA located in SAGAVE, MAHARASHTRA. The branch provides comprehensive banking services to customers in SAGAVE and surrounding areas.

Branch Address

KATRADEVIWADI,AT%POST BURAMBI-416702, SAGAVE, MAHARASHTRA

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 416014025. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of BANK OF MAHARASHTRA SAGVE?

The IFSC code of BANK OF MAHARASHTRA SAGVE branch in SAGAVE is MAHB0000741.

What is the MICR code of BANK OF MAHARASHTRA SAGVE?

The MICR code of BANK OF MAHARASHTRA SAGVE branch is 416014025.

What is the address of BANK OF MAHARASHTRA SAGVE?

BANK OF MAHARASHTRA SAGVE branch is located at KATRADEVIWADI,AT%POST BURAMBI-416702.

Does BANK OF MAHARASHTRA SAGVE support NEFT/RTGS/IMPS?

BANK OF MAHARASHTRA SAGVE branch supports NEFT, RTGS, IMPS, and UPI transactions.