Bank of Maharashtra BHICHOLI MARDANA Branch IFSC Code

MAHB 0001616
Bank of Maharashtra Logo Bank of Maharashtra
BHICHOLI MARDANA — INDORE, MADHYA PRADESH
MICR: 452014011 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Bank of Maharashtra
Branch
BHICHOLI MARDANA
IFSC Code
MAHB0001616
MICR Code
452014011
Address
SOLANKI MARKET, BHICHOLI MARDANA, VIDHYA SAGAR SCHOOL ROAD
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City
INDORE
District
BICHOLI MARDANA
State
MADHYA PRADESH
Contact
+918516937237

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MAHB0001616 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code MAHB0001616.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MAHB0001616.

IFSC Code Structure

M
A
H
B
0
0
0
1
6
1
6
  • MAHB — Bank code (Bank of Maharashtra)
  • 0 — Reserved (always 0)
  • 001616 — Branch code (BHICHOLI MARDANA)

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Frequently Asked Questions

Is MAHB0001616 valid for online transfer?
Yes, MAHB0001616 is a valid IFSC code for Bank of Maharashtra BHICHOLI MARDANA branch in INDORE, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MAHB0001616 belong to?
MAHB0001616 belongs to Bank of Maharashtra. The first 4 characters "MAHB" identify the bank.
What is the MICR code for this branch?
The MICR code for Bank of Maharashtra BHICHOLI MARDANA is 452014011. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MAHB0001616?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.