If you are searching for the IFSC code of Bank of Maharashtra, CORPORATE FINANCE BRANCH CHENNAI branch in CHENNAI, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is MAHB0002120. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the CORPORATE FINANCE BRANCH CHENNAI branch, and detailed step-by-step guides for using the IFSC MAHB0002120 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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, MAHB0002120 is the IFSC of Bank of Maharashtra's CORPORATE FINANCE BRANCH CHENNAI branch. The format is fixed: MAHB = bank code, 0 = reserved, 002120 = branch identifier.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Corporate Finance Branch Chennai |
| IFSC Code | MAHB0002120 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 4, SIVAGNANAM STREET, PONDY BAZAR ROADT NAGAR, CHENNAI |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| STD Code | 91 |
| Phone | 9676453021 |
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Corporate Finance Branch Chennai branch in Chennai, Tamil Nadu is part of this network and uses the IFSC code MAHB0002120 for all electronic settlement.
About the Corporate Finance Branch Chennai branch
The Corporate Finance Branch Chennai branch of Bank of Maharashtra is situated at 4, SIVAGNANAM STREET, PONDY BAZAR ROADT NAGAR, CHENNAI. 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 MAHB0002120 is used.
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 CORPORATE FINANCE BRANCH CHENNAI of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0002120 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 MAHB0002120 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC MAHB0002120
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 MAHB0002120 across all three.
NEFT to Bank of Maharashtra, CORPORATE FINANCE BRANCH CHENNAI using IFSC MAHB0002120
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC MAHB0002120, and confirm that the system picks up Bank of Maharashtra – CORPORATE FINANCE BRANCH CHENNAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CORPORATE FINANCE BRANCH CHENNAI
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's CORPORATE FINANCE BRANCH CHENNAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0002120 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra CORPORATE FINANCE BRANCH CHENNAI (IFSC MAHB0002120)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0002120 in your mobile or internet banking app, and the money is credited to the CORPORATE FINANCE BRANCH CHENNAI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Corporate Finance Branch Chennai
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC MAHB0002120:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at CORPORATE FINANCE BRANCH CHENNAI is still linked to IFSC MAHB0002120.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bank of Maharashtra's CORPORATE FINANCE BRANCH CHENNAI branch, the IFSC MAHB0002120 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Corporate Finance Branch Chennai branch is mapped to IFSC MAHB0002120 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 MAHB0002120.
Products and services
Customers walking into the Corporate Finance Branch Chennai 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 MAHB0002120
MICR & cheque-truncation details
Cheques drawn on the Corporate Finance Branch Chennai branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0002120 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Corporate Finance Branch Chennai branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC MAHB0002120 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
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 – CORPORATE FINANCE BRANCH CHENNAI:
- The IFSC is exactly MAHB0002120 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 CORPORATE FINANCE BRANCH CHENNAI 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.
How to reach the Corporate Finance Branch Chennai branch
The branch is located at 4, SIVAGNANAM STREET, PONDY BAZAR ROADT NAGAR, CHENNAI, which puts it inside Chennai, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Corporate Finance Branch Chennai branch” — the verified location pin for IFSC MAHB0002120 should appear at the top of the results.
- Confirm the branch is open by calling 91-9676453021 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC MAHB0002120 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0002120 for Bank of Maharashtra – CORPORATE FINANCE BRANCH CHENNAI, 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.
Working hours
Branch counters at Corporate Finance Branch Chennai are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to MAHB0002120 continue to work without interruption.
Branch address & contact
Bank of MaharashtraCorporate Finance Branch Chennai Branch
4, SIVAGNANAM STREET, PONDY BAZAR ROADT NAGAR, CHENNAI
Chennai, Tamil Nadu
Phone: 91-9676453021
IFSC: MAHB0002120
Frequently asked questions
Is IFSC MAHB0002120 the same for all accounts at Corporate Finance Branch Chennai branch?
Yes. The IFSC MAHB0002120 is shared by every account held at Bank of Maharashtra's Corporate Finance Branch Chennai branch. Only the account number changes from customer to customer.
Where is Bank of Maharashtra Corporate Finance Branch Chennai branch located?
Bank of Maharashtra's Corporate Finance Branch Chennai branch is located at 4, SIVAGNANAM STREET, PONDY BAZAR ROADT NAGAR, CHENNAI, Chennai, Tamil Nadu.
How quickly will an NEFT transfer using MAHB0002120 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Corporate Finance Branch Chennai reflect within 30 minutes.
Is IFSC MAHB0002120 valid for NEFT and RTGS?
Yes. IFSC MAHB0002120 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Bank of Maharashtra Corporate Finance Branch Chennai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9676453021 to confirm.
What is the phone number of Bank of Maharashtra Corporate Finance Branch Chennai branch?
You can reach the branch at 91-9676453021 during regular banking hours.
Final notes
To recap: MAHB0002120 is the IFSC code of Bank of Maharashtra, CORPORATE FINANCE BRANCH CHENNAI branch, in CHENNAI, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
