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Maharashtra Gramin Bank

MAHUR BRANCH

+912460268432

IFSC CODE
MAHG0004130
MICR Code 431570635
Branch Code 004130
City / District MAHUR
State MAHARASHTRA
Office Address AT MAHUR TQ MAHUR DIST NANDED
Phone +912460268432
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Maharashtra Gramin Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the MAHUR branch of Maharashtra Gramin Bank, the code MAHG0004130 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the MAHG0004130 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"MAHG" represents Maharashtra Gramin Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for MAHUR

Payment Systems Supported by MAHG0004130

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—431570635—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Maharashtra Gramin Bank in MAHUR typically follows the RBI holiday calendar. Digital transfers via MAHG0004130 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While MAHG0004130 is the valid code for MAHUR at MAHUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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  • • Personal Loan EMI Calc
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Branch Context

  • • MAHUR Contact
  • • Address of Maharashtra Gramin Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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