IFSC Code of Bank of Maharashtra, Pune-Masulkar Colony Pimpri Branch, Maharashtra

Below are the complete branch details for Bank of Maharashtra, PUNE-MASULKAR COLONY PIMPRI branch, located in PUNE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MAHB0001072. 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 MAHB0001072 for Bank of Maharashtra – PUNE-MASULKAR COLONY PIMPRI — 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 – PUNE-MASULKAR COLONY PIMPRI is MAHB0001072. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001072 map to this branch in PUNE, MAHARASHTRA.

Branch details at a glance

Bank profile

Bank of Maharashtra is among the recognised banks listed on the Reserve Bank of India's payments network. The Pune-Masulkar Colony Pimpri branch — IFSC MAHB0001072 — extends the bank's services to customers in and around Pune, Maharashtra.

Pune-Masulkar Colony Pimpri branch overview

Located at MASULKAR TOWER, MASULKAR COLONY, PIMPRI, PUNE 411018, the Pune-Masulkar Colony Pimpri branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0001072 is required for all interbank electronic transfers routed through this branch.

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 PUNE-MASULKAR COLONY PIMPRI branch came to be assigned the code MAHB0001072.

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 MAHB0001072, money simply cannot be routed to the PUNE-MASULKAR COLONY PIMPRI branch electronically.

How to transfer money using IFSC MAHB0001072

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 MAHB0001072 across all three.

NEFT to Bank of Maharashtra, PUNE-MASULKAR COLONY PIMPRI using IFSC MAHB0001072

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 MAHB0001072, and confirm that the system picks up Bank of Maharashtra – PUNE-MASULKAR COLONY PIMPRI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC MAHB0001072

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 – PUNE-MASULKAR COLONY PIMPRI, ensure your bank's portal accepts IFSC MAHB0001072 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Bank of Maharashtra PUNE-MASULKAR COLONY PIMPRI (IFSC MAHB0001072)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001072 in your mobile or internet banking app, and the money is credited to the PUNE-MASULKAR COLONY PIMPRI branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Pune-Masulkar Colony Pimpri

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 MAHB0001072:

• 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 PUNE-MASULKAR COLONY PIMPRI is still linked to IFSC MAHB0001072.

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.

UPI payments and IFSC MAHB0001072

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 – PUNE-MASULKAR COLONY PIMPRI is still mapped to IFSC MAHB0001072. 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 MAHB0001072 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Pune-Masulkar Colony Pimpri branch is mapped to IFSC MAHB0001072 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 MAHB0001072.

Banking services available

The Pune-Masulkar Colony Pimpri branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7066301072.

• 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 MAHB0001072

MICR & cheque-truncation details

Cheques drawn on the Pune-Masulkar Colony Pimpri branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001072 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Pune-Masulkar Colony Pimpri branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC MAHB0001072 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

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 – PUNE-MASULKAR COLONY PIMPRI:

• The IFSC is exactly MAHB0001072 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 PUNE-MASULKAR COLONY PIMPRI 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 Pune-Masulkar Colony Pimpri branch

The branch is located at MASULKAR TOWER, MASULKAR COLONY, PIMPRI, PUNE 411018, which puts it inside Pune, the broader Pune district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Bank of Maharashtra Pune-Masulkar Colony Pimpri branch” — the verified location pin for IFSC MAHB0001072 should appear at the top of the results.
2. Confirm the branch is open by calling 91-7066301072 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 MAHB0001072 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MAHB0001072 for Bank of Maharashtra – PUNE-MASULKAR COLONY PIMPRI, 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 Pune-Masulkar Colony Pimpri 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 MAHB0001072 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0001072 is the IFSC code of Bank of Maharashtra, PUNE-MASULKAR COLONY PIMPRI branch, in PUNE, MAHARASHTRA. 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.