IFSC Code of Mahesh Sahakari Bank Limited Pune, Market Yard Branch, Maharashtra

Use this page as a one-stop reference for everything related to Mahesh Sahakari Bank Limited Pune's MARKET YARD branch in PUNE, MAHARASHTRA. The branch's IFSC code MSBL0000005 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 Mahesh Sahakari Bank Limited Pune – MARKET YARD is MSBL0000005. The first four letters MSBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000005 map to this branch in PUNE, MAHARASHTRA.

Bank profile

Mahesh Sahakari Bank Limited Pune is among the recognised banks listed on the Reserve Bank of India's payments network. The Market Yard branch — IFSC MSBL0000005 — extends the bank's services to customers in and around Pune, Maharashtra.

Branch details at a glance

About the Market Yard branch

The Market Yard branch of Mahesh Sahakari Bank Limited Pune is situated at PLOT NO 372/73/74,CHATRAPATI SHIVAJI MARKET YARD,GULTEKADI,PUNE-411037. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code MSBL0000005 is used.

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 Mahesh Sahakari Bank Limited Pune's MARKET YARD branch came to be assigned the code MSBL0000005.

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 MSBL0000005, money simply cannot be routed to the MARKET YARD branch electronically.

Products and account variants supported

Every account opened at the Market Yard branch is mapped to IFSC MSBL0000005 on the RBI payments network. The branch generally supports the full retail product catalogue of Mahesh Sahakari Bank Limited Pune, 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 MSBL0000005.

Products and services

Customers walking into the Market Yard branch can access most of Mahesh Sahakari Bank Limited Pune'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 MSBL0000005

How to transfer money using IFSC MSBL0000005

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 MSBL0000005 across all three.

How to use IFSC MSBL0000005 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Mahesh Sahakari Bank Limited Pune's MARKET YARD 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC MSBL0000005.
4. Confirm the bank name auto-populates as Mahesh Sahakari Bank Limited Pune and the branch as MARKET YARD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC MSBL0000005

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 Mahesh Sahakari Bank Limited Pune – MARKET YARD, ensure your bank's portal accepts IFSC MSBL0000005 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Mahesh Sahakari Bank Limited Pune – MARKET YARD, use IMPS. With IFSC MSBL0000005 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 Market Yard

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 MSBL0000005:

• 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 MARKET YARD is still linked to IFSC MSBL0000005.

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.

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 Mahesh Sahakari Bank Limited Pune's MARKET YARD branch, the IFSC MSBL0000005 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.

Online banking and IFSC MSBL0000005

Mahesh Sahakari Bank Limited Pune customers can register for net banking and the bank's official mobile app once their account at the MARKET YARD 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 MSBL0000005 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.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Mahesh Sahakari Bank Limited Pune carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MSBL0000005 and the account number together uniquely identify the Market Yard branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 Mahesh Sahakari Bank Limited Pune – MARKET YARD:

• The IFSC is exactly MSBL0000005 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Mahesh Sahakari Bank Limited Pune as the bank name and MARKET YARD 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 Market Yard branch

The branch is located at PLOT NO 372/73/74,CHATRAPATI SHIVAJI MARKET YARD,GULTEKADI,PUNE-411037, 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 “Mahesh Sahakari Bank Limited Pune Market Yard branch” — the verified location pin for IFSC MSBL0000005 should appear at the top of the results.
2. Confirm the branch is open by calling 20-24263342 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 MSBL0000005 and your account number.

Verifying IFSC MSBL0000005 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 MSBL0000005 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 20-24263342.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Market Yard 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 MSBL0000005 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MSBL0000005 belongs to Mahesh Sahakari Bank Limited Pune's MARKET YARD branch, located at PLOT NO 372/73/74,CHATRAPATI SHIVAJI MARKET YARD,GULTEKADI,PUNE-411037 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.