Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Bank of Maharashtra, New Delhi, Rajouri Garden Branch, Nct of Delhi

    IFSC code MAHB0001343 - Bank of Maharashtra, New Delhi, Rajouri Garden Branch, Delhi, Nct of Delhi. Use it for NEFT, RTGS and IMPS transfers.

    Use this page as a one-stop reference for everything related to Bank of Maharashtra's NEW DELHI, RAJOURI GARDEN branch in DELHI, NCT OF DELHI. The branch's IFSC code MAHB0001343 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

    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 – NEW DELHI, RAJOURI GARDEN is MAHB0001343. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001343 map to this branch in DELHI, NCT OF DELHI.

    Branch details at a glance

    Bank NameBank of Maharashtra
    BranchNew Delhi, Rajouri Garden
    IFSC CodeMAHB0001343
    MICR CodeRefer to cheque leaf
    Branch AddressGROUND FLOOR, J-8/77G, NEHRU MARKET, RAJOURI GARDEN,NEW DELHI
    CityDelhi
    DistrictWest Delhi
    StateNct of Delhi
    STD Code91
    Phone8929594436

    About Bank of Maharashtra

    Bank of Maharashtra operates a wide network of branches across India, including the New Delhi, Rajouri Garden 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, MAHB0001343.

    About the New Delhi, Rajouri Garden branch

    The New Delhi, Rajouri Garden branch of Bank of Maharashtra is situated at GROUND FLOOR, J-8/77G, NEHRU MARKET, RAJOURI GARDEN,NEW 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 MAHB0001343 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 NEW DELHI, RAJOURI GARDEN of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0001343 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 MAHB0001343 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 MAHB0001343

    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 MAHB0001343 across all three.

    NEFT to Bank of Maharashtra, NEW DELHI, RAJOURI GARDEN using IFSC MAHB0001343

    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 MAHB0001343, and confirm that the system picks up Bank of Maharashtra – NEW DELHI, RAJOURI GARDEN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    RTGS transfers via IFSC MAHB0001343

    RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bank of Maharashtra – NEW DELHI, RAJOURI GARDEN, ensure your bank's portal accepts IFSC MAHB0001343 while registering the beneficiary. RTGS is also available 24x7.

    IMPS to Bank of Maharashtra NEW DELHI, RAJOURI GARDEN (IFSC MAHB0001343)

    IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001343 in your mobile or internet banking app, and the money is credited to the NEW DELHI, RAJOURI GARDEN branch account within seconds.

    NEFT vs RTGS vs IMPS — which one should you use?

    All three modes accept the IFSC MAHB0001343 for Bank of Maharashtra – NEW DELHI, RAJOURI GARDEN, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – MAHB0001343Yes – MAHB0001343Yes – MAHB0001343

    For most retail customers crediting the New Delhi, Rajouri Garden 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.

    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 NEW DELHI, RAJOURI GARDEN branch, the IFSC MAHB0001343 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 New Delhi, Rajouri Garden branch is mapped to IFSC MAHB0001343 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 MAHB0001343.

    Banking services available

    The New Delhi, Rajouri Garden branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8929594436.

    • 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 MAHB0001343

    MICR & cheque-truncation details

    Cheques drawn on the New Delhi, Rajouri Garden branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001343 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

    Online banking and IFSC MAHB0001343

    Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the NEW DELHI, RAJOURI GARDEN 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 MAHB0001343 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.

    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 – NEW DELHI, RAJOURI GARDEN:

    • The IFSC is exactly MAHB0001343 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 NEW DELHI, RAJOURI GARDEN 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.

    Reaching the branch

    The New Delhi, Rajouri Garden branch sits at GROUND FLOOR, J-8/77G, NEHRU MARKET, RAJOURI GARDEN,NEW DELHI. If you are travelling from outside Delhi, search for the branch on a maps application using the bank name and locality, or call 91-8929594436 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 MAHB0001343 and your account number.

    Verifying IFSC MAHB0001343 from official sources

    The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm MAHB0001343 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 91-8929594436.
    • Visiting the bank's official branch locator page.

    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 New Delhi, Rajouri Garden branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001343, however, work 24x7.

    Branch address & contact

    Bank of Maharashtra
    New Delhi, Rajouri Garden Branch
    GROUND FLOOR, J-8/77G, NEHRU MARKET, RAJOURI GARDEN,NEW DELHI
    Delhi, Nct of Delhi
    Phone: 91-8929594436
    IFSC: MAHB0001343

    Frequently asked questions

    Where is Bank of Maharashtra New Delhi, Rajouri Garden branch located?

    Bank of Maharashtra's New Delhi, Rajouri Garden branch is located at GROUND FLOOR, J-8/77G, NEHRU MARKET, RAJOURI GARDEN,NEW DELHI, Delhi, Nct of Delhi.

    Does Bank of Maharashtra New Delhi, Rajouri Garden branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 91-8929594436 to confirm.

    Can I use IFSC MAHB0001343 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001343 to send funds instantly.

    How do I add Bank of Maharashtra New Delhi, Rajouri Garden as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001343, and complete OTP verification. Once activated, you can transfer funds at any time.

    What is the phone number of Bank of Maharashtra New Delhi, Rajouri Garden branch?

    You can reach the branch at 91-8929594436 during regular banking hours.

    What is the IFSC code of Bank of Maharashtra New Delhi, Rajouri Garden branch?

    The IFSC code of Bank of Maharashtra, New Delhi, Rajouri Garden branch is MAHB0001343. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    Is IFSC MAHB0001343 valid for NEFT and RTGS?

    Yes. IFSC MAHB0001343 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    Final notes

    To recap: MAHB0001343 is the IFSC code of Bank of Maharashtra, NEW DELHI, RAJOURI GARDEN branch, in DELHI, NCT OF DELHI. 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.

    ad
    ad

    keyboard_arrow_up