If you are searching for the IFSC code of Bank of Maharashtra, INTEGRATED RISK MANAGEMENT branch in PUNE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0009027. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the INTEGRATED RISK MANAGEMENT branch, and detailed step-by-step guides for using the IFSC MAHB0009027 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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 – INTEGRATED RISK MANAGEMENT is MAHB0009027. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 009027 map to this branch in PUNE, MAHARASHTRA.
Bank profile
Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Integrated Risk Management branch — IFSC MAHB0009027 — extends the bank's services to customers in and around Pune, Maharashtra.
Integrated Risk Management branch overview
Located at LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005, the Integrated Risk Management branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0009027 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Integrated Risk Management |
| IFSC Code | MAHB0009027 |
| MICR Code | Refer to cheque leaf |
| Branch Address | LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 25614347 |
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 INTEGRATED RISK MANAGEMENT of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0009027 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 MAHB0009027 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 MAHB0009027 and the account number together uniquely identify the Integrated Risk Management branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0009027
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 MAHB0009027 across all three.
NEFT to Bank of Maharashtra, INTEGRATED RISK MANAGEMENT using IFSC MAHB0009027
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 MAHB0009027, and confirm that the system picks up Bank of Maharashtra – INTEGRATED RISK MANAGEMENT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHB0009027
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 – INTEGRATED RISK MANAGEMENT, ensure your bank's portal accepts IFSC MAHB0009027 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bank of Maharashtra INTEGRATED RISK MANAGEMENT (IFSC MAHB0009027)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0009027 in your mobile or internet banking app, and the money is credited to the INTEGRATED RISK MANAGEMENT branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHB0009027 for Bank of Maharashtra – INTEGRATED RISK MANAGEMENT, 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 – MAHB0009027 | Yes – MAHB0009027 | Yes – MAHB0009027 |
For most retail customers crediting the Integrated Risk Management 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 INTEGRATED RISK MANAGEMENT branch, the IFSC MAHB0009027 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 Integrated Risk Management branch is mapped to IFSC MAHB0009027 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 MAHB0009027.
Banking services available
The Integrated Risk Management branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-25614347.
- 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 MAHB0009027
Online banking and IFSC MAHB0009027
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the INTEGRATED RISK MANAGEMENT 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 MAHB0009027 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.
How to reach the Integrated Risk Management branch
The branch is located at LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005, which puts it inside Pune, the broader Pune district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bank of Maharashtra Integrated Risk Management branch” — the verified location pin for IFSC MAHB0009027 should appear at the top of the results.
- Confirm the branch is open by calling 20-25614347 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 MAHB0009027 and your account number.
Common mistakes to avoid when using IFSC MAHB0009027
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 – INTEGRATED RISK MANAGEMENT, 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:
MAHB0009027. - 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.
Working hours
Branch counters at Integrated Risk Management 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 MAHB0009027 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0009027 for Bank of Maharashtra – INTEGRATED RISK MANAGEMENT, 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.
Branch address & contact
Bank of MaharashtraIntegrated Risk Management Branch
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005
Pune, Maharashtra
Phone: 20-25614347
IFSC: MAHB0009027
Frequently asked questions
What is the phone number of Bank of Maharashtra Integrated Risk Management branch?
You can reach the branch at 20-25614347 during regular banking hours.
Is IFSC MAHB0009027 the same for all accounts at Integrated Risk Management branch?
Yes. The IFSC MAHB0009027 is shared by every account held at Bank of Maharashtra's Integrated Risk Management branch. Only the account number changes from customer to customer.
What is the IFSC code of Bank of Maharashtra Integrated Risk Management branch?
The IFSC code of Bank of Maharashtra, Integrated Risk Management branch is MAHB0009027. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC MAHB0009027 valid for NEFT and RTGS?
Yes. IFSC MAHB0009027 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Bank of Maharashtra Integrated Risk Management branch located?
Bank of Maharashtra's Integrated Risk Management branch is located at LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005, Pune, Maharashtra.
How quickly will an NEFT transfer using MAHB0009027 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bank of Maharashtra – Integrated Risk Management reflect within 30 minutes.
Does Bank of Maharashtra Integrated Risk Management branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 20-25614347 to confirm.
Summary
The IFSC code MAHB0009027 belongs to Bank of Maharashtra's INTEGRATED RISK MANAGEMENT branch, located at LOKMANGAL, 1501, SHIVAJINAGAR, PUNE-411005 in PUNE, MAHARASHTRA. 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.
