If you are searching for the IFSC code of Bank of Maharashtra, SERVICE BRANCH branch in PUNE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHB0001004. 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 SERVICE BRANCH branch, and detailed step-by-step guides for using the IFSC MAHB0001004 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 – SERVICE BRANCH is MAHB0001004. The first four letters MAHB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001004 map to this branch in PUNE, MAHARASHTRA.
About the bank
Bank of Maharashtra serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Service Branch branch in Pune, Maharashtra is part of this network and uses the IFSC code MAHB0001004 for all electronic settlement.
Service Branch branch overview
Located at JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002, the Service Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHB0001004 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Bank of Maharashtra |
|---|---|
| Branch | Service Branch |
| IFSC Code | MAHB0001004 |
| MICR Code | Refer to cheque leaf |
| Branch Address | JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 20 |
| Phone | 24432095 |
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 SERVICE BRANCH branch came to be assigned the code MAHB0001004.
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 MAHB0001004, money simply cannot be routed to the SERVICE BRANCH branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Service Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHB0001004 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC MAHB0001004
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 MAHB0001004 across all three.
How to use IFSC MAHB0001004 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bank of Maharashtra's SERVICE BRANCH 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 MAHB0001004.
- Confirm the bank name auto-populates as Bank of Maharashtra and the branch as SERVICE BRANCH.
- 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 SERVICE BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at Bank of Maharashtra's SERVICE BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHB0001004 while initiating the transfer and the credit will appear within minutes.
IMPS to Bank of Maharashtra SERVICE BRANCH (IFSC MAHB0001004)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHB0001004 in your mobile or internet banking app, and the money is credited to the SERVICE BRANCH branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Service Branch
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 MAHB0001004:
- 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 SERVICE BRANCH is still linked to IFSC MAHB0001004.
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 MAHB0001004
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 – SERVICE BRANCH is still mapped to IFSC MAHB0001004. 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 MAHB0001004 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Service Branch branch is mapped to IFSC MAHB0001004 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 MAHB0001004.
Products and services
Customers walking into the Service Branch 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 MAHB0001004
Online banking and IFSC MAHB0001004
Bank of Maharashtra customers can register for net banking and the bank's official mobile app once their account at the SERVICE BRANCH 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 MAHB0001004 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 Service Branch branch
The branch is located at JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002, 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 Service Branch branch” — the verified location pin for IFSC MAHB0001004 should appear at the top of the results.
- Confirm the branch is open by calling 20-24432095 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 MAHB0001004 and your account number.
Common mistakes to avoid when using IFSC MAHB0001004
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 – SERVICE BRANCH, 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:
MAHB0001004. - 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 Service Branch 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 MAHB0001004 continue to work without interruption.
Verifying IFSC MAHB0001004 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm MAHB0001004 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 20-24432095.
- Visiting the bank's official branch locator page.
Branch address & contact
Bank of MaharashtraService Branch Branch
JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002
Pune, Maharashtra
Phone: 20-24432095
IFSC: MAHB0001004
Frequently asked questions
What is the phone number of Bank of Maharashtra Service Branch branch?
You can reach the branch at 20-24432095 during regular banking hours.
Can I use IFSC MAHB0001004 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHB0001004 to send funds instantly.
Where is Bank of Maharashtra Service Branch branch located?
Bank of Maharashtra's Service Branch branch is located at JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002, Pune, Maharashtra.
Is IFSC MAHB0001004 the same for all accounts at Service Branch branch?
Yes. The IFSC MAHB0001004 is shared by every account held at Bank of Maharashtra's Service Branch branch. Only the account number changes from customer to customer.
Does Bank of Maharashtra Service Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 20-24432095 to confirm.
How do I add Bank of Maharashtra Service Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHB0001004, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Service Branch branch but serve different purposes.
Summary
The IFSC code MAHB0001004 belongs to Bank of Maharashtra's SERVICE BRANCH branch, located at JANMANGAL, 1177, BUDHWAR PETH, PUNE 411 002 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.
