IFSC CODE DETAILS

MAHARASHTRA GRAMIN BANK

SHELGAONG Branch

MAHG0004240

Branch Information

IFSC Code MAHG0004240
Bank MAHARASHTRA GRAMIN BANK
Branch SHELGAONG
Address AT SHELGAONG TQ SONPETH DIST PARBHANI
City SHELGAONG
District PARBHANI
State MAHARASHTRA
STD Code 2453

Understanding IFSC Code MAHG0004240

MAHG
Bank Code
0
Reserved
004240
Branch Code
  • MAHG: identifies MAHARASHTRA GRAMIN BANK
  • 0: reserved digit (always 0 for future use)
  • 004240: identifies the SHELGAONG branch in SHELGAONG, MAHARASHTRA

Frequently Asked Questions: MAHG0004240

What is the IFSC code of MAHARASHTRA GRAMIN BANK SHELGAONG branch?

The IFSC code of MAHARASHTRA GRAMIN BANK SHELGAONG branch is MAHG0004240. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in SHELGAONG, MAHARASHTRA.

What does the IFSC code MAHG0004240 mean?

MAHG identifies MAHARASHTRA GRAMIN BANK, 0 is a reserved digit (always 0), and 004240 identifies the SHELGAONG branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is MAHARASHTRA GRAMIN BANK SHELGAONG branch located?

MAHARASHTRA GRAMIN BANK SHELGAONG branch is located at AT SHELGAONG TQ SONPETH DIST PARBHANI.

Can I use MAHG0004240 for NEFT, RTGS, IMPS and UPI?

Yes, MAHG0004240 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to MAHARASHTRA GRAMIN BANK SHELGAONG.

What is the MICR code for MAHARASHTRA GRAMIN BANK SHELGAONG branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code MAHG0004240 still active?

Based on RBI records, MAHG0004240 is an active IFSC code assigned to MAHARASHTRA GRAMIN BANK SHELGAONG in SHELGAONG, MAHARASHTRA. If you receive a transaction failure citing this IFSC, contact MAHARASHTRA GRAMIN BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with MAHARASHTRA GRAMIN BANK or the RBI before initiating a high-value transfer.

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