Use this page as a one-stop reference for everything related to Bank of Maharashtra's LANJI RISEWADA branch in LANJI, MADHYA PRADESH. The branch's IFSC code MAHB0001057 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 – LANJI RISEWADA is MAHB0001057. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001057 map to this branch in LANJI, MADHYA PRADESH.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Lanji Risewada |
| IFSC Code | MAHB0001057 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DR. PASHINE S BLDG., BHILAI ROAD, P.O.LANJI, DIST.BALAGHAT M.P. - 481222 |
| City | Lanji |
| District | Balaghat |
| State | Madhya Pradesh |
| STD Code | 91 |
| Phone | 9109601057 |
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Lanji Risewada branch in Lanji, Madhya Pradesh is part of this network and uses the IFSC code MAHB0001057 for all electronic settlement.
About this branch
The branch is located at DR. PASHINE S BLDG., BHILAI ROAD, P.O.LANJI, DIST.BALAGHAT M.P. - 481222. It serves the Lanji 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 MAHB0001057 is used to identify this branch on the RBI payments network.
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 LANJI RISEWADA branch came to be assigned the code MAHB0001057.
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 MAHB0001057, money simply cannot be routed to the LANJI RISEWADA branch electronically.
How to transfer money using IFSC MAHB0001057
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 MAHB0001057 across all three.
NEFT to Bank of Maharashtra, LANJI RISEWADA using IFSC MAHB0001057
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 MAHB0001057, and confirm that the system picks up Bank of Maharashtra – LANJI RISEWADA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHB0001057
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 – LANJI RISEWADA, ensure your bank's portal accepts IFSC MAHB0001057 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – LANJI RISEWADA, use IMPS. With IFSC MAHB0001057 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 Lanji Risewada
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 MAHB0001057:
- 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 LANJI RISEWADA is still linked to IFSC MAHB0001057.
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 LANJI RISEWADA branch, the IFSC MAHB0001057 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 Lanji Risewada branch
Once you have an account at Bank of Maharashtra – LANJI RISEWADA, the IFSC MAHB0001057 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.
Products and services
Customers walking into the Lanji Risewada 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 MAHB0001057
MICR & cheque-truncation details
Cheques drawn on the Lanji Risewada branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001057 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC MAHB0001057
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the LANJI RISEWADA 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 MAHB0001057 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.
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 – LANJI RISEWADA:
- The IFSC is exactly MAHB0001057 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 LANJI RISEWADA 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 Lanji Risewada branch
The branch is located at DR. PASHINE S BLDG., BHILAI ROAD, P.O.LANJI, DIST.BALAGHAT M.P. - 481222, which puts it inside Lanji, the broader Balaghat district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Lanji Risewada branch” — the verified location pin for IFSC MAHB0001057 should appear at the top of the results.
- Confirm the branch is open by calling 91-9109601057 before stepping out, especially around public holidays.
- 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 MAHB0001057 and your account number.
Verifying IFSC MAHB0001057 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 MAHB0001057 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9109601057.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Lanji Risewada 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 MAHB0001057 continue to work without interruption.
Branch address & contact
Bank of MaharashtraLanji Risewada Branch
DR. PASHINE S BLDG., BHILAI ROAD, P.O.LANJI, DIST.BALAGHAT M.P. - 481222
Lanji, Madhya Pradesh
Phone: 91-9109601057
IFSC: MAHB0001057
Frequently asked questions
What is the IFSC code of Bank of Maharashtra Lanji Risewada branch?
The IFSC code of Bank of Maharashtra, Lanji Risewada branch is MAHB0001057. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC MAHB0001057 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001057 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 Lanji Risewada branch but serve different purposes.
How quickly will an NEFT transfer using MAHB0001057 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Lanji Risewada reflect within 30 minutes.
Does Bank of Maharashtra Lanji Risewada branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9109601057 to confirm.
What is the phone number of Bank of Maharashtra Lanji Risewada branch?
You can reach the branch at 91-9109601057 during regular banking hours.
How do I add Bank of Maharashtra Lanji Risewada as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001057, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Bank of Maharashtra Lanji Risewada branch located?
Bank of Maharashtra's Lanji Risewada branch is located at DR. PASHINE S BLDG., BHILAI ROAD, P.O.LANJI, DIST.BALAGHAT M.P. - 481222, Lanji, Madhya Pradesh.
Summary
The IFSC code MAHB0001057 belongs to Bank of Maharashtra's LANJI RISEWADA branch, located at DR. PASHINE S BLDG., BHILAI ROAD, P.O.LANJI, DIST.BALAGHAT M.P. - 481222 in LANJI, MADHYA PRADESH. 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.
