Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Maharashtra Gramin Bank for its Jevli branch in Osmanabad, Jevli, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Maharashtra Gramin Bank located in Osmanabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0004409. You should definitely 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, Jevli, Osmanabad
Below in the table are the key details related to IFSC Code MAHG0004409 of Maharashtra Gramin Bank for its branch located in Osmanabad, within the district of Jevli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra Gramin Bank |
| IFSC Code | MAHG0004409 |
| Branch | Jevli |
| City | Osmanabad |
| District | Jevli |
| State | Maharashtra |
| Address | At Jevli Tq Lohara Dist Osmanabad |
These details helps users in online banking and for businesses and individuals who use Maharashtra Gramin Bank in Osmanabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHG0004409 for the Jevli 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 Jevli, Osmanabad, Maharashtra, are given a unique IFSC like MAHG0004409 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Osmanabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Osmanabad and Jevli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Maharashtra Gramin Bank in Jevli goes to the correct branch. This is important because Maharashtra Gramin Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code MAHG0004409
The format of the IFSC Code for banks, including Maharashtra Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Maharashtra Gramin Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jevli in Osmanabad.
For example, the IFSC Code MAHG0004409 of Maharashtra Gramin Bank for the Jevli branch includes these elements, identifying the bank and the branch location in Osmanabad and Maharashtra accurately.
How to Find IFSC Code for Maharashtra Gramin Bank?
To find the IFSC Code MAHG0004409 of Maharashtra Gramin Bank for its Jevli branch located in Osmanabad, the following methods can help you out:
Cheque Book
The cheque book issued by Maharashtra Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Maharashtra Gramin Bank branches in Osmanabad and Jevli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Maharashtra Gramin Bank and go to the branch locator section. Then search for Jevli or Osmanabad to find the exact IFSC Code MAHG0004409.
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 maintains an updated database of all IFSC codes. Searching for Maharashtra Gramin Bank and Osmanabad will provide accurate information.
How to Use IFSC Code MAHG0004409 for Online Transfers?
Once you have the IFSC Code MAHG0004409 for the Jevli branch of Maharashtra Gramin Bank in Osmanabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHG0004409. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Maharashtra Gramin Bank IFSC Code MAHG0004409.
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 Jevli in Osmanabad, 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 Jevli, 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 Osmanabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHG0004409.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Jevli Tq Lohara Dist Osmanabad located in Osmanabad, Jevli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.