BANK OF MAHARASHTRAVerified Feb 2026

BANK OF MAHARASHTRA IFSC Code – BALAPUR, HYDERABAD

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

IFSC Code
MAHB0001577

Bank Details

Bank NameBANK OF MAHARASHTRA
Branch NameBALAPUR
IFSC CodeMAHB0001577
MICR Code500014017
AddressHNO 8-7-1/A SAINAGR, BALAPUR MANDAL SAROORNAGAR, HYDERABAD 500005
CityHYDERABAD
StateANDHRA PRADESH
Contact201717

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code MAHB0001577

The IFSC code MAHB0001577 uniquely identifies the BALAPUR branch of BANK OF MAHARASHTRA located in HYDERABAD, ANDHRA 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 MAHB0001577

  • 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 (001577) – Unique branch identifier for BALAPUR

How to Use IFSC Code MAHB0001577

To transfer money to any account at BANK OF MAHARASHTRA BALAPUR branch, you will need to provide the IFSC code MAHB0001577 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at BALAPUR

  • 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 BALAPUR Branch

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

Branch Address

HNO 8-7-1/A SAINAGR, BALAPUR MANDAL SAROORNAGAR, HYDERABAD 500005, HYDERABAD, ANDHRA 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 500014017. 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 BALAPUR?

The IFSC code of BANK OF MAHARASHTRA BALAPUR branch in HYDERABAD is MAHB0001577.

What is the MICR code of BANK OF MAHARASHTRA BALAPUR?

The MICR code of BANK OF MAHARASHTRA BALAPUR branch is 500014017.

What is the address of BANK OF MAHARASHTRA BALAPUR?

BANK OF MAHARASHTRA BALAPUR branch is located at HNO 8-7-1/A SAINAGR, BALAPUR MANDAL SAROORNAGAR, HYDERABAD 500005.

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

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