Bank Of Maharashtra Chikhalgaon IFSC Code
Bank Of Maharashtra
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Chikhalgaon
Address
Plot No. 2 Keshav Nagar Near Railway Gate, Yavatmal Road, At Chikhalgaon Dist Yavatmal-445304
View on Google MapsDistrict
Wani
State
Maharashtra
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Other Bank Of Maharashtra Branches in Wani
2 nearby branches — click to view IFSC
Wani-yavatmal (old Hyderabad Road Wani Tal - 0064)
Chordiya Complex, Ground Floor, Tagore Chowk, Old Hyderabad Road, Wani, Tal. - Wani, Dist. - Yavatmal, Maharashtra - 445304
Zari-jamani (no 987 Ward No 2 - 1547)
Building No.987, Ward No.2 Beside Panchayat Samiti,zari At Post Zari , Taluka Zari Dist Yavatmal -445305
Frequently Asked Questions
About Bank Of Maharashtra Chikhalgaon (gate Yavatmal Road At Chikha - 1870), Wani
The IFSC code MAHB0001870 (lowercase: mahb0001870) belongs to Bank Of Maharashtra, specifically the Chikhalgaon (gate Yavatmal Road At Chikha - 1870) branch located in Wani, Maharashtra.
The 5th character in the IFSC code MAHB0001870 is a zero (0), not the letter 'O'. The correct format is MAHB0001870 (lowercase: mahb0001870), and not MAHBO001870. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Bank Of Maharashtra Chikhalgaon (gate Yavatmal Road At Chikha - 1870) in Wani, Maharashtra is MAHB0001870. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Bank Of Maharashtra Chikhalgaon (gate Yavatmal Road At Chikha - 1870) is located at Plot No. 2 Keshav Nagar Near Railway Gate, Yavatmal Road, At Chikhalgaon Dist Yavatmal-445304, Wani, Maharashtra. 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 Chikhalgaon (gate Yavatmal Road At Chikha - 1870) is 445014515. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code MAHB0001870 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 MAHB0001870 by checking: (1) The top-left corner of any Bank Of Maharashtra Chikhalgaon (gate Yavatmal Road At Chikha - 1870) 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: MAHB0001870
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
MAHB0001870
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 — 001870
- The final 6 characters 001870 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.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | MAHB | Identifies Bank Of Maharashtra |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 001870 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Bank Of Maharashtra
Chikhalgaon (gate Yavatmal Road At Chikha - 1870), Wani, Maharashtra
Cheque No.
00001870
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | MAHB0001870 | 445014515 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque 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.