IFSC Code of Bank of Maharashtra, Pune-Modern College Road- Pune Branch, Maharashtra

Use this page as a one-stop reference for everything related to Bank of Maharashtra's PUNE-MODERN COLLEGE ROAD- PUNE branch in PUNE, MAHARASHTRA. The branch's IFSC code MAHB0001328 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 – PUNE-MODERN COLLEGE ROAD- PUNE is MAHB0001328. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001328 map to this branch in PUNE, MAHARASHTRA.

Branch details at a glance

About Bank of Maharashtra

Bank of Maharashtra operates a wide network of branches across India, including the Pune-Modern College Road- Pune branch in Pune. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MAHB0001328.

About this branch

The branch is located at PLOT NO.875, CTS NO.1186/A MODERN COLLEGE, PUNE, MODERN COLLEGE ROAD. It serves the Pune 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 MAHB0001328 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 PUNE-MODERN COLLEGE ROAD- PUNE branch came to be assigned the code MAHB0001328.

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 MAHB0001328, money simply cannot be routed to the PUNE-MODERN COLLEGE ROAD- PUNE branch electronically.

How to transfer money using IFSC MAHB0001328

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 MAHB0001328 across all three.

NEFT to Bank of Maharashtra, PUNE-MODERN COLLEGE ROAD- PUNE using IFSC MAHB0001328

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 MAHB0001328, and confirm that the system picks up Bank of Maharashtra – PUNE-MODERN COLLEGE ROAD- PUNE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PUNE-MODERN COLLEGE ROAD- PUNE

If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's PUNE-MODERN COLLEGE ROAD- PUNE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001328 while initiating the transfer and the credit will appear within minutes.

IMPS to Bank of Maharashtra PUNE-MODERN COLLEGE ROAD- PUNE (IFSC MAHB0001328)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001328 in your mobile or internet banking app, and the money is credited to the PUNE-MODERN COLLEGE ROAD- PUNE branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC MAHB0001328 for Bank of Maharashtra – PUNE-MODERN COLLEGE ROAD- PUNE, 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.

For most retail customers crediting the Pune-Modern College Road- Pune 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 PUNE-MODERN COLLEGE ROAD- PUNE branch, the IFSC MAHB0001328 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 Pune-Modern College Road- Pune branch is mapped to IFSC MAHB0001328 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 MAHB0001328.

Products and services

Customers walking into the Pune-Modern College Road- Pune 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 MAHB0001328

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 MAHB0001328 and the account number together uniquely identify the Pune-Modern College Road- Pune branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC MAHB0001328

Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the PUNE-MODERN COLLEGE ROAD- PUNE 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 MAHB0001328 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.

Common mistakes to avoid when using IFSC MAHB0001328

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 – PUNE-MODERN COLLEGE ROAD- PUNE, 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: MAHB0001328.
• 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 Pune-Modern College Road- Pune branch sits at PLOT NO.875, CTS NO.1186/A MODERN COLLEGE, PUNE, MODERN COLLEGE ROAD. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 91-7030924107 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 MAHB0001328 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MAHB0001328 for Bank of Maharashtra – PUNE-MODERN COLLEGE ROAD- PUNE, 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-Modern College Road- Pune 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 MAHB0001328 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: MAHB0001328 is the IFSC code of Bank of Maharashtra, PUNE-MODERN COLLEGE ROAD- PUNE 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.