This page lists the IFSC code, branch address, contact number and fund-transfer information for Bank of Maharashtra, SECUNDERABAD- M G ROAD branch in HYDERABAD. The 11-digit IFSC MAHB0000387 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Bank of Maharashtra at the SECUNDERABAD- M G ROAD location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 – SECUNDERABAD- M G ROAD is MAHB0000387. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000387 map to this branch in HYDERABAD, TELANGANA.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Secunderabad- M G Road branch in Hyderabad, Telangana is part of this network and uses the IFSC code MAHB0000387 for all electronic settlement.
Secunderabad- M G Road branch overview
Located at SHOP NO. 1 GOURND FLOOR, MINERVA COMPLEX SECUNDERABADS. D. ROAD, the Secunderabad- M G Road branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0000387 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Secunderabad- M G Road |
| IFSC Code | MAHB0000387 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO. 1 GOURND FLOOR, MINERVA COMPLEX SECUNDERABADS. D. ROAD |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| STD Code | 91 |
| Phone | 8087990387 |
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 SECUNDERABAD- M G ROAD of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0000387 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 MAHB0000387 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 MAHB0000387 and the account number together uniquely identify the Secunderabad- M G Road branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0000387
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 MAHB0000387 across all three.
NEFT to Bank of Maharashtra, SECUNDERABAD- M G ROAD using IFSC MAHB0000387
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 MAHB0000387, and confirm that the system picks up Bank of Maharashtra – SECUNDERABAD- M G ROAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHB0000387
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 – SECUNDERABAD- M G ROAD, ensure your bank's portal accepts IFSC MAHB0000387 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – SECUNDERABAD- M G ROAD, use IMPS. With IFSC MAHB0000387 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 Secunderabad- M G Road
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 MAHB0000387:
- 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 SECUNDERABAD- M G ROAD is still linked to IFSC MAHB0000387.
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 SECUNDERABAD- M G ROAD branch, the IFSC MAHB0000387 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 Secunderabad- M G Road branch is mapped to IFSC MAHB0000387 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 MAHB0000387.
Products and services
Customers walking into the Secunderabad- M G Road 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 MAHB0000387
Online banking and IFSC MAHB0000387
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the SECUNDERABAD- M G ROAD 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 MAHB0000387 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 Secunderabad- M G Road branch sits at SHOP NO. 1 GOURND FLOOR, MINERVA COMPLEX SECUNDERABADS. D. ROAD. If you are travelling from outside Hyderabad, search for the branch on a maps application using the bank name and locality, or call 91-8087990387 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 MAHB0000387 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 – SECUNDERABAD- M G ROAD:
- The IFSC is exactly MAHB0000387 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 SECUNDERABAD- M G ROAD 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 Secunderabad- M G Road 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 MAHB0000387 continue to work without interruption.
Verifying IFSC MAHB0000387 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 MAHB0000387 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8087990387.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraSecunderabad- M G Road Branch
SHOP NO. 1 GOURND FLOOR, MINERVA COMPLEX SECUNDERABADS. D. ROAD
Hyderabad, Telangana
Phone: 91-8087990387
IFSC: MAHB0000387
Frequently asked questions
Can I use IFSC MAHB0000387 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0000387 to send funds instantly.
How quickly will an NEFT transfer using MAHB0000387 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Secunderabad- M G Road reflect within 30 minutes.
Does Bank of Maharashtra Secunderabad- M G Road branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8087990387 to confirm.
Is IFSC MAHB0000387 valid for NEFT and RTGS?
Yes. IFSC MAHB0000387 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Bank of Maharashtra Secunderabad- M G Road branch?
You can reach the branch at 91-8087990387 during regular banking hours.
How do I add Bank of Maharashtra Secunderabad- M G Road as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000387, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC MAHB0000387 the same for all accounts at Secunderabad- M G Road branch?
Yes. The IFSC MAHB0000387 is shared by every account held at Bank of Maharashtra's Secunderabad- M G Road branch. Only the account number changes from customer to customer.
Summary
The IFSC code MAHB0000387 belongs to Bank of Maharashtra's SECUNDERABAD- M G ROAD branch, located at SHOP NO. 1 GOURND FLOOR, MINERVA COMPLEX SECUNDERABADS. D. ROAD in HYDERABAD, TELANGANA. 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.


