IFSC Code of Bank of Maharashtra, Palam Vihar Gurgaon Branch, Haryana

Below are the complete branch details for Bank of Maharashtra, PALAM VIHAR GURGAON branch, located in GURGAON, HARYANA. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0001308. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case MAHB0001308 for Bank of Maharashtra – PALAM VIHAR GURGAON — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – PALAM VIHAR GURGAON is MAHB0001308. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001308 map to this branch in GURGAON, HARYANA.

Bank profile

Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Palam Vihar Gurgaon branch — IFSC MAHB0001308 — extends the bank's services to customers in and around Gurgaon, Haryana.

Branch details at a glance

About the Palam Vihar Gurgaon branch

The Palam Vihar Gurgaon branch of Bank of Maharashtra is situated at SCO 11, SECTOR-23 A, NEAR GOLDEN TULIP HOTEL GURGAON, HARYANA. 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 MAHB0001308 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 PALAM VIHAR GURGAON of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0001308 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 MAHB0001308 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Palam Vihar Gurgaon branch is mapped to IFSC MAHB0001308 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 MAHB0001308.

Products and services

Customers walking into the Palam Vihar Gurgaon branch can access most of Bank of Maharashtra's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC MAHB0001308

How to transfer money using IFSC MAHB0001308

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 MAHB0001308 across all three.

NEFT to Bank of Maharashtra, PALAM VIHAR GURGAON using IFSC MAHB0001308

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 MAHB0001308, and confirm that the system picks up Bank of Maharashtra – PALAM VIHAR GURGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PALAM VIHAR GURGAON

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's PALAM VIHAR GURGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001308 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 – PALAM VIHAR GURGAON, use IMPS. With IFSC MAHB0001308 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 MAHB0001308 for Bank of Maharashtra – PALAM VIHAR GURGAON, 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.

For most retail customers crediting the Palam Vihar Gurgaon 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 PALAM VIHAR GURGAON branch, the IFSC MAHB0001308 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.

Online banking and IFSC MAHB0001308

Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the PALAM VIHAR GURGAON 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 MAHB0001308 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.

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 MAHB0001308 and the account number together uniquely identify the Palam Vihar Gurgaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – PALAM VIHAR GURGAON:

• The IFSC is exactly MAHB0001308 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 PALAM VIHAR GURGAON 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.

How to reach the Palam Vihar Gurgaon branch

The branch is located at SCO 11, SECTOR-23 A, NEAR GOLDEN TULIP HOTEL GURGAON, HARYANA, which puts it inside Gurgaon, the broader Gurugram district, and the state of Haryana. To plan your visit:

1. Open Google Maps on your phone and search for “Bank of Maharashtra Palam Vihar Gurgaon branch” — the verified location pin for IFSC MAHB0001308 should appear at the top of the results.
2. Confirm the branch is open by calling 91-9875993117 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 MAHB0001308 and your account number.

Verifying IFSC MAHB0001308 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 MAHB0001308 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-9875993117.
• 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 Palam Vihar Gurgaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHB0001308, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0001308 is the IFSC code of Bank of Maharashtra, PALAM VIHAR GURGAON branch, in GURGAON, HARYANA. 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.