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Maharashtra Gramin Bank

MUKRAMABAD BRANCH

+912461267160

IFSC CODE
MAHG0004135
MICR Code 431570634
Branch Code 004135
City / District MUKRAMABAD
State MAHARASHTRA
Office Address AT MUKRAMABAD TQ MUKHED DIST NANDED
Phone +912461267160
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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 MUKRAMABAD branch of Maharashtra Gramin Bank, the code MAHG0004135 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 MAHG0004135 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 MUKRAMABAD

Payment Systems Supported by MAHG0004135

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—431570634—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 MUKRAMABAD typically follows the RBI holiday calendar. Digital transfers via MAHG0004135 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 MAHG0004135 is the valid code for MUKRAMABAD at MUKRAMABAD, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

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

Platform Links

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  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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