IFSC Code of Bank of Maharashtra, Mandi Gobindgarh Branch Branch, Punjab

Use this page as a one-stop reference for everything related to Bank of Maharashtra's MANDI GOBINDGARH BRANCH branch in GOBIND GARH, PUNJAB. The branch's IFSC code MAHB0001268 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 – MANDI GOBINDGARH BRANCH is MAHB0001268. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001268 map to this branch in GOBIND GARH, PUNJAB.

Branch details at a glance

Bank profile

Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Mandi Gobindgarh Branch branch — IFSC MAHB0001268 — extends the bank's services to customers in and around Gobind Garh, Punjab.

About the Mandi Gobindgarh Branch branch

The Mandi Gobindgarh Branch branch of Bank of Maharashtra is situated at 274, SECTOR 20-B, G.T. ROAD, NEAR MAIN CHOWK, MANDIGOBINDGARH, PUNJAB. PIN 147301. 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 MAHB0001268 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 MANDI GOBINDGARH BRANCH of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0001268 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 MAHB0001268 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 MAHB0001268

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 MAHB0001268 across all three.

NEFT to Bank of Maharashtra, MANDI GOBINDGARH BRANCH using IFSC MAHB0001268

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 MAHB0001268, and confirm that the system picks up Bank of Maharashtra – MANDI GOBINDGARH BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MANDI GOBINDGARH BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's MANDI GOBINDGARH BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001268 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 – MANDI GOBINDGARH BRANCH, use IMPS. With IFSC MAHB0001268 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Mandi Gobindgarh Branch

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 MAHB0001268:

• 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 MANDI GOBINDGARH BRANCH is still linked to IFSC MAHB0001268.

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 MANDI GOBINDGARH BRANCH branch, the IFSC MAHB0001268 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 Mandi Gobindgarh Branch branch

Once you have an account at Bank of Maharashtra – MANDI GOBINDGARH BRANCH, the IFSC MAHB0001268 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 Mandi Gobindgarh Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9115566921.

• 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 MAHB0001268

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 MAHB0001268 and the account number together uniquely identify the Mandi Gobindgarh Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC MAHB0001268

Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the MANDI GOBINDGARH BRANCH 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 MAHB0001268 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.

Common mistakes to avoid when using IFSC MAHB0001268

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 – MANDI GOBINDGARH BRANCH, 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: MAHB0001268.
• 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.

Reaching the branch

The Mandi Gobindgarh Branch branch sits at 274, SECTOR 20-B, G.T. ROAD, NEAR MAIN CHOWK, MANDIGOBINDGARH, PUNJAB. PIN 147301. If you are travelling from outside Gobind Garh, search for the branch on a maps application using the bank name and locality, or call 91-9115566921 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 MAHB0001268 and your account number.

Verifying IFSC MAHB0001268 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 MAHB0001268 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-9115566921.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Mandi Gobindgarh Branch 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 MAHB0001268 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MAHB0001268 belongs to Bank of Maharashtra's MANDI GOBINDGARH BRANCH branch, located at 274, SECTOR 20-B, G.T. ROAD, NEAR MAIN CHOWK, MANDIGOBINDGARH, PUNJAB. PIN… in GOBIND GARH, PUNJAB. 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.