If you are searching for the IFSC code of Bank of Maharashtra, PALWAL branch in FARIDABAD, HARYANA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001339. 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 PALWAL branch, and detailed step-by-step guides for using the IFSC MAHB0001339 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.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Bank of Maharashtra's PALWAL branch, the IFSC MAHB0001339 breaks down as follows: MAHB identifies the bank, 0 is the reserved character, and 001339 identifies this particular branch.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Palwal branch in Faridabad, Haryana is part of this network and uses the IFSC code MAHB0001339 for all electronic settlement.
About the Palwal branch
The Palwal branch of Bank of Maharashtra is situated at ALAWALPUR, CHOWK, BYPASS NEAR BHARDWAJ PETROL PUMP, PALWAL - 121102. 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 MAHB0001339 is used.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Palwal |
| IFSC Code | MAHB0001339 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ALAWALPUR, CHOWK, BYPASS NEAR BHARDWAJ PETROL PUMP, PALWAL - 121102 |
| City | Faridabad |
| District | Palwal |
| State | Haryana |
| STD Code | 91 |
| Phone | 9875976047 |
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 PALWAL of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0001339 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 MAHB0001339 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 MAHB0001339 and the account number together uniquely identify the Palwal branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0001339
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 MAHB0001339 across all three.
How to use IFSC MAHB0001339 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's PALWAL 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 MAHB0001339.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as PALWAL.
- 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 PALWAL
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's PALWAL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001339 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 – PALWAL, use IMPS. With IFSC MAHB0001339 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 MAHB0001339 for Bank of Maharashtra – PALWAL, 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 – MAHB0001339 | Yes – MAHB0001339 | Yes – MAHB0001339 |
For most retail customers crediting the Palwal 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 MAHB0001339
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 – PALWAL is still mapped to IFSC MAHB0001339. 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 MAHB0001339 and the beneficiary's account number to complete the transfer.
Account types you can open at the Palwal branch
Once you have an account at Bank of Maharashtra – PALWAL, the IFSC MAHB0001339 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 Palwal branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9875976047.
- 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 MAHB0001339
Online banking and IFSC MAHB0001339
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the PALWAL 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 MAHB0001339 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 Palwal branch sits at ALAWALPUR, CHOWK, BYPASS NEAR BHARDWAJ PETROL PUMP, PALWAL - 121102. If you are travelling from outside Faridabad, search for the branch on a maps application using the bank name and locality, or call 91-9875976047 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 MAHB0001339 and your account number.
Common mistakes to avoid when using IFSC MAHB0001339
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 – PALWAL, 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:
MAHB0001339. - 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 Palwal 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 MAHB0001339 continue to work without interruption.
Verifying IFSC MAHB0001339 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 MAHB0001339 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9875976047.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraPalwal Branch
ALAWALPUR, CHOWK, BYPASS NEAR BHARDWAJ PETROL PUMP, PALWAL - 121102
Faridabad, Haryana
Phone: 91-9875976047
IFSC: MAHB0001339
Frequently asked questions
Can I use IFSC MAHB0001339 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001339 to send funds instantly.
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 Palwal branch but serve different purposes.
Where is Bank of Maharashtra Palwal branch located?
Bank of Maharashtra's Palwal branch is located at ALAWALPUR, CHOWK, BYPASS NEAR BHARDWAJ PETROL PUMP, PALWAL - 121102, Faridabad, Haryana.
Does Bank of Maharashtra Palwal branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9875976047 to confirm.
What is the IFSC code of Bank of Maharashtra Palwal branch?
The IFSC code of Bank of Maharashtra, Palwal branch is MAHB0001339. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Bank of Maharashtra Palwal as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001339, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC MAHB0001339 valid for NEFT and RTGS?
Yes. IFSC MAHB0001339 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using MAHB0001339 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Palwal reflect within 30 minutes.
Summary
The IFSC code MAHB0001339 belongs to Bank of Maharashtra's PALWAL branch, located at ALAWALPUR, CHOWK, BYPASS NEAR BHARDWAJ PETROL PUMP, PALWAL - 121102 in FARIDABAD, HARYANA. 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.
