The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Maharashtra Gramin Bank for its Jawala Bazar branch in Hingoli, Jawala Bazar, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Maharashtra Gramin Bank located in Hingoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0004225. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Maharashtra Gramin Bank, Jawala Bazar, Hingoli
The table below shows the main details of the IFSC Code MAHG0004225 for the Maharashtra Gramin Bank branch in Hingoli, which falls under the Jawala Bazar district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra Gramin Bank |
| IFSC Code | MAHG0004225 |
| Branch | Jawala Bazar |
| City | Hingoli |
| District | Jawala Bazar |
| State | Maharashtra |
| Address | At Jawala Bazar Tq Aundhan Dist Hingoli |
These details helps users in online banking and for businesses and individuals who use Maharashtra Gramin Bank in Hingoli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHG0004225 for the Jawala Bazar branch of Maharashtra Gramin Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Maharashtra Gramin Bank located in Jawala Bazar, Hingoli, Maharashtra, are allotted a unique IFSC like MAHG0004225 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hingoli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hingoli and Jawala Bazar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Maharashtra Gramin Bank in Jawala Bazar reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code MAHG0004225
The format of the IFSC Code for banks, including Maharashtra Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Maharashtra Gramin Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jawala Bazar in Hingoli.
For example, the IFSC Code MAHG0004225 of Maharashtra Gramin Bank for the Jawala Bazar branch has these elements, identifying the bank and the branch location in Hingoli and Maharashtra correctly.
How to Find IFSC Code for Maharashtra Gramin Bank?
If you are trying to find the IFSC Code MAHG0004225 of Maharashtra Gramin Bank for its Jawala Bazar branch located in Hingoli, the following methods can help:
Cheque Book
The cheque book issued by Maharashtra Gramin Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Maharashtra Gramin Bank branches in Hingoli and Jawala Bazar, print them on the first page of your passbook.
Bank Website
Visit the official website of Maharashtra Gramin Bank and navigate to the branch locator section. Search for Jawala Bazar or Hingoli to get the exact IFSC Code MAHG0004225.
Mobile Banking App
If you use Maharashtra Gramin Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Maharashtra Gramin Bank and Hingoli, you'll get the correct details.
How to Use IFSC Code MAHG0004225 for Online Transfers?
Once you have the IFSC Code MAHG0004225 for the Jawala Bazar branch of Maharashtra Gramin Bank in Hingoli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHG0004225. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Maharashtra Gramin Bank IFSC Code MAHG0004225.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Maharashtra Gramin Bank Jawala Bazar in Hingoli, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Maharashtra Gramin Bank in Jawala Bazar, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Maharashtra Gramin Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Hingoli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jawala Bazar Hingoli branch is MAHG0004225.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at At Jawala Bazar Tq Aundhan Dist Hingoli.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.