BANK OF MAHARASHTRAVerified Feb 2026

BANK OF MAHARASHTRA IFSC Code – SAGAR, SAGAR

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

IFSC Code
MAHB0001463

Bank Details

Bank NameBANK OF MAHARASHTRA
Branch NameSAGAR
IFSC CodeMAHB0001463
MICR Code470014001
AddressC/O SMT. SHAKUNTALA CHOURASIA, MEDICAL COLLEGE ROAD, TILLI WARD , DIST - SAGAR PIN - 470002
CitySAGAR
StateMADHYA PRADESH
Contact236789

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code MAHB0001463

The IFSC code MAHB0001463 uniquely identifies the SAGAR branch of BANK OF MAHARASHTRA located in SAGAR, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code MAHB0001463

  • 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 (001463) – Unique branch identifier for SAGAR

How to Use IFSC Code MAHB0001463

To transfer money to any account at BANK OF MAHARASHTRA SAGAR branch, you will need to provide the IFSC code MAHB0001463 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SAGAR

  • 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 SAGAR Branch

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

Branch Address

C/O SMT. SHAKUNTALA CHOURASIA, MEDICAL COLLEGE ROAD, TILLI WARD , DIST - SAGAR PIN - 470002, SAGAR, MADHYA PRADESH

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 470014001. 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 SAGAR?

The IFSC code of BANK OF MAHARASHTRA SAGAR branch in SAGAR is MAHB0001463.

What is the MICR code of BANK OF MAHARASHTRA SAGAR?

The MICR code of BANK OF MAHARASHTRA SAGAR branch is 470014001.

What is the address of BANK OF MAHARASHTRA SAGAR?

BANK OF MAHARASHTRA SAGAR branch is located at C/O SMT. SHAKUNTALA CHOURASIA, MEDICAL COLLEGE ROAD, TILLI WARD , DIST - SAGAR PIN - 470002.

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

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