There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Maharashtra Gramin Bank for its Umri Bazar branch in Nanded, Umri Bazar, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Maharashtra Gramin Bank situated in Nanded or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHG0004149. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Maharashtra Gramin Bank, Umri Bazar, Nanded

The table below shows the main details of the IFSC Code MAHG0004149 for the Maharashtra Gramin Bank branch in Nanded, which falls under the Umri Bazar district in Maharashtra.

Particulars Details
Bank Maharashtra Gramin Bank
IFSC Code MAHG0004149
Branch Umri Bazar
City Nanded
District Umri Bazar
State Maharashtra
Address At Umri Bazar Tq Kinwat Dist Nanded

These details are crucial, not just for online banking users but also for businesses and individuals who use Maharashtra Gramin Bank in Nanded for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHG0004149 for the Umri Bazar branch of Maharashtra Gramin Bank has 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 MAHG0004149 is given to every bank branch, including Maharashtra Gramin Bank located in Umri Bazar, Nanded, 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 Nanded.
  • 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 Nanded and Umri Bazar.
  • 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 Umri Bazar doesn't end up at another location.

Format of the IFSC Code MAHG0004149

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 Umri Bazar in Nanded.

For example, the IFSC Code MAHG0004149 of Maharashtra Gramin Bank for the Umri Bazar branch includes these elements, identifying the bank and the branch location in Nanded and Maharashtra accurately.

How to Find IFSC Code for Maharashtra Gramin Bank?

If you are trying to find the IFSC Code MAHG0004149 of Maharashtra Gramin Bank for its Umri Bazar branch located in Nanded, 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

Most banks, including Maharashtra Gramin Bank branches in Nanded and Umri Bazar, print the IFSC and MICR codes 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 Umri Bazar or Nanded to get the exact IFSC Code MAHG0004149.

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 Nanded, you'll get the correct details.

How to Use IFSC Code MAHG0004149 for Online Transfers?

If you have the IFSC Code MAHG0004149 for the Umri Bazar branch of Maharashtra Gramin Bank in Nanded, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHG0004149. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Maharashtra Gramin Bank IFSC Code MAHG0004149.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Maharashtra Gramin Bank Umri Bazar in Nanded, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Maharashtra Gramin Bank in Umri Bazar, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Nanded manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Maharashtra Gramin Bank in Umri Bazar, Nanded?

The IFSC Code is MAHG0004149.

Is the IFSC Code MAHG0004149 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Maharashtra Gramin Bank Umri Bazar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Umri Bazar branch?

The address of the branch is At Umri Bazar Tq Kinwat Dist Nanded located in Nanded, Umri Bazar, Maharashtra.

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.