IFSC CODE DETAILS

MAHARASHTRA GRAMIN BANK

BALANAGAR Branch

MAHG0005103

Branch Information

IFSC Code MAHG0005103
Bank MAHARASHTRA GRAMIN BANK
Branch BALANAGAR
Address AT BALANAGAR TQ DIST AURANGABAD
City BALANAGAR
District AURANGABAD
State MAHARASHTRA
STD Code 2431

Understanding IFSC Code MAHG0005103

MAHG
Bank Code
0
Reserved
005103
Branch Code
  • MAHG: identifies MAHARASHTRA GRAMIN BANK
  • 0: reserved digit (always 0 for future use)
  • 005103: identifies the BALANAGAR branch in BALANAGAR, MAHARASHTRA

Frequently Asked Questions: MAHG0005103

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

The IFSC code of MAHARASHTRA GRAMIN BANK BALANAGAR branch is MAHG0005103. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in BALANAGAR, MAHARASHTRA.

What does the IFSC code MAHG0005103 mean?

MAHG identifies MAHARASHTRA GRAMIN BANK, 0 is a reserved digit (always 0), and 005103 identifies the BALANAGAR branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is MAHARASHTRA GRAMIN BANK BALANAGAR branch located?

MAHARASHTRA GRAMIN BANK BALANAGAR branch is located at AT BALANAGAR TQ DIST AURANGABAD.

Can I use MAHG0005103 for NEFT, RTGS, IMPS and UPI?

Yes, MAHG0005103 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 BALANAGAR.

What is the MICR code for MAHARASHTRA GRAMIN BANK BALANAGAR 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 MAHG0005103 still active?

Based on RBI records, MAHG0005103 is an active IFSC code assigned to MAHARASHTRA GRAMIN BANK BALANAGAR in BALANAGAR, 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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