BANK OF MAHARASHTRAVerified Feb 2026

BANK OF MAHARASHTRA IFSC Code – KOREGAON SHG, KOREGAON

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

IFSC Code
MAHB0001563

Bank Details

Bank NameBANK OF MAHARASHTRA
Branch NameKOREGAON SHG
IFSC CodeMAHB0001563
MICR Code415014097
AddressGOVIND LAXMI NAGAR PLOT 50/2883 KOREGAON - 415501
CityKOREGAON
DistrictSATARA
StateMAHARASHTRA
Contact220253

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code MAHB0001563

The IFSC code MAHB0001563 uniquely identifies the KOREGAON SHG branch of BANK OF MAHARASHTRA located in KOREGAON, 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 MAHB0001563

  • 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 (001563) – Unique branch identifier for KOREGAON SHG

How to Use IFSC Code MAHB0001563

To transfer money to any account at BANK OF MAHARASHTRA KOREGAON SHG branch, you will need to provide the IFSC code MAHB0001563 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at KOREGAON SHG

  • 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 KOREGAON SHG Branch

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

Branch Address

GOVIND LAXMI NAGAR PLOT 50/2883 KOREGAON - 415501, KOREGAON, 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 415014097. 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 KOREGAON SHG?

The IFSC code of BANK OF MAHARASHTRA KOREGAON SHG branch in KOREGAON is MAHB0001563.

What is the MICR code of BANK OF MAHARASHTRA KOREGAON SHG?

The MICR code of BANK OF MAHARASHTRA KOREGAON SHG branch is 415014097.

What is the address of BANK OF MAHARASHTRA KOREGAON SHG?

BANK OF MAHARASHTRA KOREGAON SHG branch is located at GOVIND LAXMI NAGAR PLOT 50/2883 KOREGAON - 415501.

Does BANK OF MAHARASHTRA KOREGAON SHG support NEFT/RTGS/IMPS?

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