Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Bank of Maharashtra, New Delhi-Vivek Vihar Branch, Nct of Delhi

    IFSC code MAHB0000587 - Bank of Maharashtra, New Delhi-Vivek Vihar Branch, Delhi, Nct of Delhi. Use it for NEFT, RTGS and IMPS transfers.

    If you are searching for the IFSC code of Bank of Maharashtra, NEW DELHI-VIVEK VIHAR branch in DELHI, NCT OF DELHI, this page has every detail you need. The verified IFSC code for this branch is MAHB0000587. 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 NEW DELHI-VIVEK VIHAR branch, and detailed step-by-step guides for using the IFSC MAHB0000587 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, MAHB0000587 is the IFSC of Bank of Maharashtra's NEW DELHI-VIVEK VIHAR branch. The format is fixed: MAHB = bank code, 0 = reserved, 000587 = 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 New Delhi-Vivek Vihar branch in Delhi, Nct of Delhi is part of this network and uses the IFSC code MAHB0000587 for all electronic settlement.

    About this branch

    The branch is located at C-2,VIVEK VIHAR,PHASE-IDELHI. It serves the Delhi region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bank of Maharashtra. The IFSC MAHB0000587 is used to identify this branch on the RBI payments network.

    Branch details at a glance

    Bank NameBank of Maharashtra
    BranchNew Delhi-Vivek Vihar
    IFSC CodeMAHB0000587
    MICR CodeRefer to cheque leaf
    Branch AddressC-2,VIVEK VIHAR,PHASE-IDELHI
    CityDelhi
    DistrictShahdara
    StateNct of Delhi
    STD Code91
    Phone8929594410

    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 NEW DELHI-VIVEK VIHAR branch came to be assigned the code MAHB0000587.

    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 MAHB0000587, money simply cannot be routed to the NEW DELHI-VIVEK VIHAR branch electronically.

    MICR & cheque-truncation details

    Cheques drawn on the New Delhi-Vivek Vihar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0000587 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

    How to transfer money using IFSC MAHB0000587

    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 MAHB0000587 across all three.

    How to use IFSC MAHB0000587 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's NEW DELHI-VIVEK VIHAR 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).

    1. Log in to your internet banking or mobile banking app.
    2. Choose Add Beneficiary and select NEFT / Other Bank.
    3. Enter the beneficiary name, account number and the IFSC MAHB0000587.
    4. Confirm the bank name auto-populates as Bank of Maharashtra and the branch as NEW DELHI-VIVEK VIHAR.
    5. 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 NEW DELHI-VIVEK VIHAR

    If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's NEW DELHI-VIVEK VIHAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000587 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 – NEW DELHI-VIVEK VIHAR, use IMPS. With IFSC MAHB0000587 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 MAHB0000587 for Bank of Maharashtra – NEW DELHI-VIVEK VIHAR, 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 – MAHB0000587Yes – MAHB0000587Yes – MAHB0000587

    For most retail customers crediting the New Delhi-Vivek Vihar 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-VIVEK VIHAR branch, the IFSC MAHB0000587 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.

    Account types you can open at the New Delhi-Vivek Vihar branch

    Once you have an account at Bank of Maharashtra – NEW DELHI-VIVEK VIHAR, the IFSC MAHB0000587 stays the same regardless of the type of account you hold. The branch typically supports the following options:

    • Savings account — for individuals, with chequebook, ATM card and net-banking access.
    • Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
    • Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
    • NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
    • Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
    • Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
    • Minor and student accounts — operated jointly with a guardian until the customer turns 18.

    Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

    Banking services available

    The New Delhi-Vivek Vihar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8929594410.

    • 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 MAHB0000587

    Digital banking channels

    Most day-to-day work that customers used to do at the New Delhi-Vivek Vihar 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 MAHB0000587 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.

    How to reach the New Delhi-Vivek Vihar branch

    The branch is located at C-2,VIVEK VIHAR,PHASE-IDELHI, which puts it inside Delhi, the broader Shahdara district, and the state of Nct of Delhi. To plan your visit:

    1. Open Google Maps on your phone and search for “Bank of Maharashtra New Delhi-Vivek Vihar branch” — the verified location pin for IFSC MAHB0000587 should appear at the top of the results.
    2. Confirm the branch is open by calling 91-8929594410 before stepping out, especially around public holidays.
    3. 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 MAHB0000587 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 – NEW DELHI-VIVEK VIHAR:

    • The IFSC is exactly MAHB0000587 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-VIVEK VIHAR 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.

    Working hours

    Branch counters at New Delhi-Vivek Vihar 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 MAHB0000587 continue to work without interruption.

    Verifying IFSC MAHB0000587 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 MAHB0000587 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 91-8929594410.
    • Visiting the bank's official branch locator page.

    Branch address & contact

    Bank of Maharashtra
    New Delhi-Vivek Vihar Branch
    C-2,VIVEK VIHAR,PHASE-IDELHI
    Delhi, Nct of Delhi
    Phone: 91-8929594410
    IFSC: MAHB0000587

    Frequently asked questions

    What is the IFSC code of Bank of Maharashtra New Delhi-Vivek Vihar branch?

    The IFSC code of Bank of Maharashtra, New Delhi-Vivek Vihar branch is MAHB0000587. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    Is IFSC MAHB0000587 the same for all accounts at New Delhi-Vivek Vihar branch?

    Yes. The IFSC MAHB0000587 is shared by every account held at Bank of Maharashtra's New Delhi-Vivek Vihar branch. Only the account number changes from customer to customer.

    What is the phone number of Bank of Maharashtra New Delhi-Vivek Vihar branch?

    You can reach the branch at 91-8929594410 during regular banking hours.

    Is IFSC MAHB0000587 valid for NEFT and RTGS?

    Yes. IFSC MAHB0000587 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    Can I use IFSC MAHB0000587 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0000587 to send funds instantly.

    How quickly will an NEFT transfer using MAHB0000587 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – New Delhi-Vivek Vihar reflect within 30 minutes.

    Final notes

    To recap: MAHB0000587 is the IFSC code of Bank of Maharashtra, NEW DELHI-VIVEK VIHAR 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.

    keyboard_arrow_up