IFSCIndex

Bank Of Maharashtra Agar Malwa IFSC Code

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Bank Of Maharashtra

MAHB0002272

IFSC · Used for NEFT, IMPS & RTGS

465014101

MICR · Used for Cheque Clearance

Branch

Agar Malwa

Address

Shop No. 15, Cinema Road, Chhavani Bazar, Agar Malwa-465441

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District

Agar Malwa

State

Madhya Pradesh

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Frequently Asked Questions

About Bank Of Maharashtra Agar Malwa (15 Cinema Road Chhavani Baza - 2272), Agar Malwa

The IFSC code MAHB0002272 (lowercase: mahb0002272) belongs to Bank Of Maharashtra, specifically the Agar Malwa (15 Cinema Road Chhavani Baza - 2272) branch located in Agar Malwa, Madhya Pradesh.

The 5th character in the IFSC code MAHB0002272 is a zero (0), not the letter 'O'. The correct format is MAHB0002272 (lowercase: mahb0002272), and not MAHBO002272. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Bank Of Maharashtra Agar Malwa (15 Cinema Road Chhavani Baza - 2272) in Agar Malwa, Madhya Pradesh is MAHB0002272. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Bank Of Maharashtra Agar Malwa (15 Cinema Road Chhavani Baza - 2272) is located at Shop No. 15, Cinema Road, Chhavani Bazar, Agar Malwa-465441, Agar Malwa, Madhya Pradesh. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Bank Of Maharashtra Agar Malwa (15 Cinema Road Chhavani Baza - 2272) is 465014101. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code MAHB0002272 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code MAHB0002272 by checking: (1) The top-left corner of any Bank Of Maharashtra Agar Malwa (15 Cinema Road Chhavani Baza - 2272) cheque leaf, (2) The first page of your Bank Of Maharashtra passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: MAHB0002272

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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MAHB
Bank Codechars 1–4
0Reservedchar 5
002272
Branch Codechars 6–11

MAHB0002272

What Each Part Means

Bank Code — MAHB
The first 4 characters uniquely identify Bank Of Maharashtra at the national level. Every branch of Bank Of Maharashtra across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 002272
The final 6 characters 002272 uniquely identify this specific branch within the Bank Of Maharashtra network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code MAHB0002272
SegmentCharsValuePurpose
Bank Code1–4MAHBIdentifies Bank Of Maharashtra
Reserved50RBI reserved (always 0)
Branch Code6–11002272Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchMAHB0002272465014101
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.