The influence of different welding processes on the mechanical properties and the corresponding variation in the microstructural features have been investigated for the dissimilar weldments of 18% Ni maraging steel 250 and AISI 4130 steel. The weld joints are realized through two different fusion welding processes, tungsten inert arc welding(TIG) and laser beam welding(LBW), in this study. The dissimilar steel welds were characterized through optical microstructures, microhardness survey across the weldment and evaluation of tensile properties. The fiber laser beam welds have demonstrated superior mechanical properties and reduced heat affected zone as compared to the TIG weldments. The influence of different welding processes on the mechanical properties and the corresponding variation in the microstructural features have been investigated for the dissimilar weldments of 18% Ni maraging steel 250 and AISI 4130 steel. The weld joints were realized through two different fusion welding processes, tungsten The dissimilar steel welds were characterized through optical microstructures, microhardness survey across the weldment and evaluation of tensile properties. The fiber laser beam welds have demonstrated superior mechanical properties and reduced heat affected zone as compared to the TIG weldments.