For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Maharashtra Gramin Bank for its Gondi branch in Jalna, Gondi, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Maharashtra Gramin Bank located in Jalna or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0005213. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Maharashtra Gramin Bank, Gondi, Jalna

Here are the main details that are associated with the IFSC Code MAHG0005213 of Maharashtra Gramin Bank for its branch located in Jalna, within the district of Gondi in the state of Maharashtra.

Particulars Details
Bank Maharashtra Gramin Bank
IFSC Code MAHG0005213
Branch Gondi
City Jalna
District Gondi
State Maharashtra
Address At Gondi Tq Dist Jalna

These details are essential not only for online banking users but also for businesses and individuals who use Maharashtra Gramin Bank in Jalna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHG0005213 for the Gondi branch of Maharashtra Gramin Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHG0005213 is given to every bank branch, including Maharashtra Gramin Bank located in Gondi, Jalna, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Maharashtra Gramin Bank branch in Jalna.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Jalna and Gondi.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Maharashtra Gramin Bank in Gondi doesn't end up at another location.

Format of the IFSC Code MAHG0005213

This is the format of the IFSC Code for banks, including Maharashtra Gramin Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Maharashtra Gramin Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Gondi in Jalna.

For example, the IFSC Code MAHG0005213 of Maharashtra Gramin Bank for the Gondi branch includes these elements, identifying the bank and the branch location in Jalna and Maharashtra accurately.

How to Find IFSC Code for Maharashtra Gramin Bank?

If you are trying to find the IFSC Code MAHG0005213 of Maharashtra Gramin Bank for its Gondi branch located in Jalna, 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 Jalna and Gondi, 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 Gondi or Jalna to get the exact IFSC Code MAHG0005213.

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 Jalna, you'll get the correct details.

How to Use IFSC Code MAHG0005213 for Online Transfers?

Once you have the IFSC Code MAHG0005213 for the Gondi branch of Maharashtra Gramin Bank in Jalna, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHG0005213. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Maharashtra Gramin Bank IFSC Code MAHG0005213.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Maharashtra Gramin Bank Gondi in Jalna, it can result in delayed or failed transactions.

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 Gondi, 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 Jalna to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Maharashtra Gramin Bank Gondi Jalna?

The IFSC Code of the Gondi Jalna branch is MAHG0005213.

Is IFSC Code MAHG0005213 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Maharashtra Gramin Bank Gondi branch?

The branch is located at At Gondi Tq Dist Jalna.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.