How Can I Transfer Money From Bank Of Maharashtra Online

There are different ways to transfer money online from your Bank of Maharashtra account. Let’s check out the top ways: 

1. Using Internet Banking

This is one of the easiest and most secure ways of transferring money online. Once you log in to your Bank of Maharashtra internet banking account, you can transfer money to any account across India using NEFT, RTGS or IMPS. These are the 3 primary payment systems in India. 

You will require the receiver’s bank account number, bank branch and IFSC Code to effect a funds transfer. Banks used to insist upon adding the receiver as a beneficiary to do a fund transfer. These days, banks allow you to do a quick transfer without adding a beneficiary if it is only a one time transfer. 

Useful Link: Bank Of Maharashtra Customer Care

2. Mobile Banking App

Bank of Maharashtra also has a mobile banking app, MahaMobile. This app is very similar to internet banking and allows you to carry out all banking functionalities from your mobile phone. The app also allows you to transfer funds to another account, or mobile number using NEFT, RTGS, IMPS or MMID (for transfer to mobile numbers). This is also safe and is secured by high-end encryptions so that your data is safe. 

3. Bank of Maharashtra UPI 

In today’s world, UPI payments are everywhere. Bank of Maharashtra allows you to transfer money to another person using UPI. It allows you to transfer money in real-time using the virtual ID of the receiver. You can transfer money using their mobile number too. 

Interesting Read: Which Is The Best Payment Gateway For Online Payments In India

Note: Online banking, though have high-end encryptions, are prone to security threats. Keep your anti-virus software up to date to prevent any virus attacks. Never share your OTP, PIN or passwords with anyone including calls claiming to be from your bank. Do not open or click on any unsolicited links that may install malware on your devices and steal sensitive data. You should practice high cyber discipline to safeguard your data and money from fraudsters and scammers.