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Maharashtra Gramin Bank

NARHE BRANCH

+912225435154

IFSC CODE
MAHG0004618
MICR Code 411570512
Branch Code 004618
City / District NARHE
State MAHARASHTRA
Office Address SHOP NO 101 VARAD VINAYAK COMPLEX SURVEY NO 26 1 NARHE DHAYRI ROAD NARHE TQ HAVILI DIST PUNE
Phone +912225435154
📍 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 NARHE branch of Maharashtra Gramin Bank, the code MAHG0004618 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 MAHG0004618 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 NARHE

Payment Systems Supported by MAHG0004618

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—411570512—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 NARHE typically follows the RBI holiday calendar. Digital transfers via MAHG0004618 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 MAHG0004618 is the valid code for NARHE at NARHE, 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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Branch Context

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

Platform Links

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

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