Below are the complete branch details for Bank of Maharashtra, PANAJI-PANJIM branch, located in PANAJI, GOA. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0000084. 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 MAHB0000084 for Bank of Maharashtra – PANAJI-PANJIM — 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 – PANAJI-PANJIM is MAHB0000084. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000084 map to this branch in PANAJI, GOA.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Panaji-Panjim branch in Panaji, Goa is part of this network and uses the IFSC code MAHB0000084 for all electronic settlement.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Panaji-Panjim |
| IFSC Code | MAHB0000084 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SUPERKAR MANSION M.G.ROAD,PANAJI |
| City | Panaji |
| District | North Goa |
| State | Goa |
| STD Code | 91 |
| Phone | 8956350542 |
About the Panaji-Panjim branch
The Panaji-Panjim branch of Bank of Maharashtra is situated at SUPERKAR MANSION M.G.ROAD,PANAJI. 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 MAHB0000084 is used.
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 PANAJI-PANJIM branch came to be assigned the code MAHB0000084.
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 MAHB0000084, money simply cannot be routed to the PANAJI-PANJIM branch electronically.
Account types you can open at the Panaji-Panjim branch
Once you have an account at Bank of Maharashtra – PANAJI-PANJIM, the IFSC MAHB0000084 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 Panaji-Panjim branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8956350542.
- 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 MAHB0000084
How to transfer money using IFSC MAHB0000084
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 MAHB0000084 across all three.
NEFT to Bank of Maharashtra, PANAJI-PANJIM using IFSC MAHB0000084
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 MAHB0000084, and confirm that the system picks up Bank of Maharashtra – PANAJI-PANJIM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHB0000084
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 – PANAJI-PANJIM, ensure your bank's portal accepts IFSC MAHB0000084 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of Maharashtra PANAJI-PANJIM (IFSC MAHB0000084)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0000084 in your mobile or internet banking app, and the money is credited to the PANAJI-PANJIM branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0000084 for Bank of Maharashtra – PANAJI-PANJIM, 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 – MAHB0000084 | Yes – MAHB0000084 | Yes – MAHB0000084 |
For most retail customers crediting the Panaji-Panjim 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 MAHB0000084
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 – PANAJI-PANJIM is still mapped to IFSC MAHB0000084. 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 MAHB0000084 and the beneficiary's account number to complete the transfer.
Online banking and IFSC MAHB0000084
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the PANAJI-PANJIM 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 MAHB0000084 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 & cheque-truncation details
Cheques drawn on the Panaji-Panjim branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0000084 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC MAHB0000084
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 – PANAJI-PANJIM, 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:
MAHB0000084. - 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 Panaji-Panjim branch sits at SUPERKAR MANSION M.G.ROAD,PANAJI. If you are travelling from outside Panaji, search for the branch on a maps application using the bank name and locality, or call 91-8956350542 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 MAHB0000084 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0000084 for Bank of Maharashtra – PANAJI-PANJIM, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Panaji-Panjim 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 MAHB0000084 continue to work without interruption.
Branch address & contact
Bank of MaharashtraPanaji-Panjim Branch
SUPERKAR MANSION M.G.ROAD,PANAJI
Panaji, Goa
Phone: 91-8956350542
IFSC: MAHB0000084
Frequently asked questions
Is IFSC MAHB0000084 the same for all accounts at Panaji-Panjim branch?
Yes. The IFSC MAHB0000084 is shared by every account held at Bank of Maharashtra's Panaji-Panjim branch. Only the account number changes from customer to customer.
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 Panaji-Panjim branch but serve different purposes.
How quickly will an NEFT transfer using MAHB0000084 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Panaji-Panjim reflect within 30 minutes.
What is the IFSC code of Bank of Maharashtra Panaji-Panjim branch?
The IFSC code of Bank of Maharashtra, Panaji-Panjim branch is MAHB0000084. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC MAHB0000084 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0000084 to send funds instantly.
How do I add Bank of Maharashtra Panaji-Panjim as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000084, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Bank of Maharashtra Panaji-Panjim branch located?
Bank of Maharashtra's Panaji-Panjim branch is located at SUPERKAR MANSION M.G.ROAD,PANAJI, Panaji, Goa.
Summary
The IFSC code MAHB0000084 belongs to Bank of Maharashtra's PANAJI-PANJIM branch, located at SUPERKAR MANSION M.G.ROAD,PANAJI in PANAJI, GOA. 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.
