Branch Details — MAHB0001242
| Bank Name | Bank of Maharashtra |
| Branch Name | Nawanshahr Branch |
| IFSC Code | MAHB0001242 |
| MICR Code | 144014101 |
| Bank Code (RBI) | MAHB |
| Branch Code | 001242 |
| Address | CHANDIGARH ROAD, NEAR SUTLEJ CINEMA, KOTHI ROAD, NAWANSHAHR |
| City | Shahid Bhagat Singh Nagar |
| District | Nawanshahar |
| State | Punjab |
| Contact | +911823228022 |
| Toll Free | 1800-233-4526 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using MAHB0001242
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC MAHB0001242.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC MAHB0001242.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is MAHB0001242. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Bank of Maharashtra Nawanshahr Branch branch, Shahid Bhagat Singh Nagar, Punjab.
The MICR code is 144014101. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: CHANDIGARH ROAD, NEAR SUTLEJ CINEMA, KOTHI ROAD, NAWANSHAHR. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
MAHB identifies Bank of Maharashtra. The 5th character 0 is reserved by RBI. The last 6 characters 001242 identify the Nawanshahr Branch branch.
Yes. Bank of Maharashtra Nawanshahr Branch Branch (IFSC: MAHB0001242) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC MAHB0001242 → select NEFT/RTGS/IMPS → confirm with OTP.