Use this page as a one-stop reference for everything related to Bank of Maharashtra's PUNE-MUNDHWA branch in PUNE, MAHARASHTRA. The branch's IFSC code MAHB0000135 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-MUNDHWA is MAHB0000135. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000135 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 Pune-Mundhwa branch — IFSC MAHB0000135 — extends the bank's services to customers in and around Pune, Maharashtra.
About this branch
The branch is located at S NO 59/3, KODRE BUILDING, PUNE. 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 MAHB0000135 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Pune-Mundhwa |
| IFSC Code | MAHB0000135 |
| MICR Code | Refer to cheque leaf |
| Branch Address | S NO 59/3, KODRE BUILDING, PUNE |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9028381423 |
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 PUNE-MUNDHWA of Bank of Maharashtra — its own 11-character IFSC. The code MAHB0000135 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 MAHB0000135 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 MAHB0000135 and the account number together uniquely identify the Pune-Mundhwa branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHB0000135
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 MAHB0000135 across all three.
How to use IFSC MAHB0000135 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's PUNE-MUNDHWA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC MAHB0000135.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as PUNE-MUNDHWA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to PUNE-MUNDHWA
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's PUNE-MUNDHWA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0000135 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bank of Maharashtra – PUNE-MUNDHWA, use IMPS. With IFSC MAHB0000135 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 Pune-Mundhwa
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 MAHB0000135:
- 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-MUNDHWA is still linked to IFSC MAHB0000135.
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 MAHB0000135
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-MUNDHWA is still mapped to IFSC MAHB0000135. 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 MAHB0000135 and the beneficiary's account number to complete the transfer.
Account types you can open at the Pune-Mundhwa branch
Once you have an account at Bank of Maharashtra – PUNE-MUNDHWA, the IFSC MAHB0000135 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 Pune-Mundhwa 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 MAHB0000135
Online banking and IFSC MAHB0000135
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the PUNE-MUNDHWA 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 MAHB0000135 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 Pune-Mundhwa branch
The branch is located at S NO 59/3, KODRE BUILDING, PUNE, 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 Pune-Mundhwa branch” — the verified location pin for IFSC MAHB0000135 should appear at the top of the results.
- Confirm the branch is open by calling 91-9028381423 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 MAHB0000135 and your account number.
Common mistakes to avoid when using IFSC MAHB0000135
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-MUNDHWA, 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:
MAHB0000135. - 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 Pune-Mundhwa 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 MAHB0000135 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHB0000135 for Bank of Maharashtra – PUNE-MUNDHWA, 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 MaharashtraPune-Mundhwa Branch
S NO 59/3, KODRE BUILDING, PUNE
Pune, Maharashtra
Phone: 91-9028381423
IFSC: MAHB0000135
Frequently asked questions
Is IFSC MAHB0000135 the same for all accounts at Pune-Mundhwa branch?
Yes. The IFSC MAHB0000135 is shared by every account held at Bank of Maharashtra's Pune-Mundhwa 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 Pune-Mundhwa branch but serve different purposes.
Where is Bank of Maharashtra Pune-Mundhwa branch located?
Bank of Maharashtra's Pune-Mundhwa branch is located at S NO 59/3, KODRE BUILDING, PUNE, Pune, Maharashtra.
Is IFSC MAHB0000135 valid for NEFT and RTGS?
Yes. IFSC MAHB0000135 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Bank of Maharashtra Pune-Mundhwa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0000135, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Bank of Maharashtra Pune-Mundhwa branch?
You can reach the branch at 91-9028381423 during regular banking hours.
Summary
The IFSC code MAHB0000135 belongs to Bank of Maharashtra's PUNE-MUNDHWA branch, located at S NO 59/3, KODRE BUILDING, PUNE 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.
