Bank of Maharashtra — NAWANSHAHR BRANCH Branch

How to Use MAHB0001242 for Money Transfers

The IFSC code MAHB0001242 is specifically assigned to the NAWANSHAHR BRANCH branch of Bank of Maharashtra located in SHAHID BHAGAT SINGH NAGAR, PUNJAB. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use MAHB0001242 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use MAHB0001242 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require MAHB0001242 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About Bank of Maharashtra NAWANSHAHR BRANCH Branch

The NAWANSHAHR BRANCH branch of Bank of Maharashtra is situated in SHAHID BHAGAT SINGH NAGAR, PUNJAB. The branch address is CHANDIGARH ROAD, NEAR SUTLEJ CINEMA, KOTHI ROAD, NAWANSHAHR. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +911823228022. Always use the IFSC code MAHB0001242 when making any online fund transfer to an account held at this branch.