Bank of Maharashtra — BALAPUR Branch

MEDCHAL-MALKAJGIRI, TELANGANA

IFSC Code MAHB0001577
MICR Code 500014017

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Bank of Maharashtra
Branch Name BALAPUR
IFSC Code MAHB0001577
MICR Code 500014017
SWIFT Code N/A
Address 8-7/1/A, PLOT NO.1 SURVEY NO. 59 SAINAGAR COLBALAPUR
City MEDCHAL-MALKAJGIRI
District HYDERABAD
State TELANGANA
Contact Number +918087961577

How to Use MAHB0001577 for Money Transfers

The IFSC code MAHB0001577 is specifically assigned to the BALAPUR branch of Bank of Maharashtra located in MEDCHAL-MALKAJGIRI, TELANGANA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use MAHB0001577 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 MAHB0001577 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 MAHB0001577 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.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Bank of Maharashtra BALAPUR Branch

The BALAPUR branch of Bank of Maharashtra is situated in MEDCHAL-MALKAJGIRI, TELANGANA. The branch address is 8-7/1/A, PLOT NO.1 SURVEY NO. 59 SAINAGAR COLBALAPUR. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +918087961577. Always use the IFSC code MAHB0001577 when making any online fund transfer to an account held at this branch.

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