IFSC Code of Bank of Maharashtra, Corporate Finance Branch Connaught Place Delhi Branch, Nct of Delhi

This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of Maharashtra, CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI branch in DELHI. The 11-digit IFSC MAHB0002123 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 CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Bank of Maharashtra – CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI is MAHB0002123. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002123 map to this branch in DELHI, NCT OF DELHI.

About Bank of Maharashtra

Bank of Maharashtra operates a wide network of branches across India, including the Corporate Finance Branch Connaught Place Delhi branch in Delhi. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MAHB0002123.

About the Corporate Finance Branch Connaught Place Delhi branch

The Corporate Finance Branch Connaught Place Delhi branch of Bank of Maharashtra is situated at MAHABANK BLDG, B-29 CONNAUGHT PLACE, DELHI. 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 MAHB0002123 is used.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Bank of Maharashtra's CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI branch came to be assigned the code MAHB0002123.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC MAHB0002123, money simply cannot be routed to the CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI branch electronically.

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 MAHB0002123 and the account number together uniquely identify the Corporate Finance Branch Connaught Place Delhi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC MAHB0002123

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 MAHB0002123 across all three.

NEFT to Bank of Maharashtra, CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI using IFSC MAHB0002123

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 MAHB0002123, and confirm that the system picks up Bank of Maharashtra – CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI. 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 CONNAUGHT PLACE DELHI

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0002123 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of Maharashtra CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI (IFSC MAHB0002123)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0002123 in your mobile or internet banking app, and the money is credited to the CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Corporate Finance Branch Connaught Place Delhi

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 MAHB0002123:

• 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 CONNAUGHT PLACE DELHI is still linked to IFSC MAHB0002123.

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.

UPI payments and IFSC MAHB0002123

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 – CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI is still mapped to IFSC MAHB0002123. 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 MAHB0002123 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Corporate Finance Branch Connaught Place Delhi branch is mapped to IFSC MAHB0002123 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 MAHB0002123.

Banking services available

The Corporate Finance Branch Connaught Place Delhi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8447713143.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC MAHB0002123

Digital banking channels

Most day-to-day work that customers used to do at the Corporate Finance Branch Connaught Place Delhi 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 MAHB0002123 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.

Reaching the branch

The Corporate Finance Branch Connaught Place Delhi branch sits at MAHABANK BLDG, B-29 CONNAUGHT PLACE, DELHI. If you are travelling from outside Delhi, search for the branch on a maps application using the bank name and locality, or call 91-8447713143 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 MAHB0002123 and your account number.

Common mistakes to avoid when using IFSC MAHB0002123

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bank of Maharashtra – CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: MAHB0002123.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Working hours

Branch counters at Corporate Finance Branch Connaught Place Delhi 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 MAHB0002123 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MAHB0002123 for Bank of Maharashtra – CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI, 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

Frequently asked questions

Summary

The IFSC code MAHB0002123 belongs to Bank of Maharashtra's CORPORATE FINANCE BRANCH CONNAUGHT PLACE DELHI branch, located at MAHABANK BLDG, B-29 CONNAUGHT PLACE, DELHI in DELHI, NCT OF DELHI. 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.