This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of Maharashtra, BHOR-MANGALWAR PETH branch in BHOR. The 11-digit IFSC MAHB0000247 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Bank of Maharashtra at the BHOR-MANGALWAR PETH location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, MAHB0000247 is the IFSC of Bank of Maharashtra's BHOR-MANGALWAR PETH branch. The format is fixed: MAHB = bank code, 0 = reserved, 000247 = branch identifier.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bhor-Mangalwar Peth branch in Bhor, Maharashtra is part of this network and uses the IFSC code MAHB0000247 for all electronic settlement.
About the Bhor-Mangalwar Peth branch
The Bhor-Mangalwar Peth branch of Bank of Maharashtra is situated at RAJGADH DNYANPEETH BHAVAN, S.NO.881/882, MANGALWAR PETH, BHOR. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code MAHB0000247 is used.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Bhor-Mangalwar Peth |
| IFSC Code | MAHB0000247 |
| MICR Code | Refer to cheque leaf |
| Branch Address | RAJGADH DNYANPEETH BHAVAN, S.NO.881/882, MANGALWAR PETH, BHOR |
| City | Bhor |
| District | Pune |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9028381373 |
Why every Bank of Maharashtra branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BHOR-MANGALWAR PETH of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0000247 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC MAHB0000247 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bank of Maharashtra carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MAHB0000247 and the account number together uniquely identify the Bhor-Mangalwar Peth branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0000247
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC MAHB0000247 across all three.
How to use IFSC MAHB0000247 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's BHOR-MANGALWAR PETH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC MAHB0000247.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as BHOR-MANGALWAR PETH.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to BHOR-MANGALWAR PETH
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's BHOR-MANGALWAR PETH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000247 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – BHOR-MANGALWAR PETH, use IMPS. With IFSC MAHB0000247 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0000247 for Bank of Maharashtra – BHOR-MANGALWAR PETH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – MAHB0000247 | Yes – MAHB0000247 | Yes – MAHB0000247 |
For most retail customers crediting the Bhor-Mangalwar Peth branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC MAHB0000247
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bank of Maharashtra – BHOR-MANGALWAR PETH is still mapped to IFSC MAHB0000247. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC MAHB0000247 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Bhor-Mangalwar Peth branch is mapped to IFSC MAHB0000247 on the RBI payments network. The branch generally supports the full retail product catalogue of Bank of Maharashtra, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains MAHB0000247.
Products and services
Customers walking into the Bhor-Mangalwar Peth branch can access most of Bank of Maharashtra's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC MAHB0000247
Online banking and IFSC MAHB0000247
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the BHOR-MANGALWAR PETH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC MAHB0000247 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Bhor-Mangalwar Peth branch sits at RAJGADH DNYANPEETH BHAVAN, S.NO.881/882, MANGALWAR PETH, BHOR. If you are travelling from outside Bhor, search for the branch on a maps application using the bank name and locality, or call 91-9028381373 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC MAHB0000247 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bank of Maharashtra – BHOR-MANGALWAR PETH:
- The IFSC is exactly MAHB0000247 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bank of Maharashtra as the bank name and BHOR-MANGALWAR PETH as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Bhor-Mangalwar Peth branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0000247, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0000247 for Bank of Maharashtra – BHOR-MANGALWAR PETH, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Bank of MaharashtraBhor-Mangalwar Peth Branch
RAJGADH DNYANPEETH BHAVAN, S.NO.881/882, MANGALWAR PETH, BHOR
Bhor, Maharashtra
Phone: 91-9028381373
IFSC: MAHB0000247
Frequently asked questions
What is the phone number of Bank of Maharashtra Bhor-Mangalwar Peth branch?
You can reach the branch at 91-9028381373 during regular banking hours.
Does Bank of Maharashtra Bhor-Mangalwar Peth branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9028381373 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Bhor-Mangalwar Peth branch but serve different purposes.
Can I use IFSC MAHB0000247 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0000247 to send funds instantly.
How do I add Bank of Maharashtra Bhor-Mangalwar Peth as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000247, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using MAHB0000247 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Bhor-Mangalwar Peth reflect within 30 minutes.
Is IFSC MAHB0000247 valid for NEFT and RTGS?
Yes. IFSC MAHB0000247 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code MAHB0000247 belongs to Bank of Maharashtra's BHOR-MANGALWAR PETH branch, located at RAJGADH DNYANPEETH BHAVAN, S.NO.881/882, MANGALWAR PETH, BHOR in BHOR, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
