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 Jintur branch in Parbhani, Jintur, 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 Parbhani or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHG0004205. 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, Jintur, Parbhani
The table below shows the main details of the IFSC Code MAHG0004205 for the Maharashtra Gramin Bank branch in Parbhani, which falls under the Jintur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra Gramin Bank |
| IFSC Code | MAHG0004205 |
| Branch | Jintur |
| City | Parbhani |
| District | Jintur |
| State | Maharashtra |
| Address | At Jintur Tq Jintur Dist Parbhani |
These details help users in online banking and for businesses and individuals who use Maharashtra Gramin Bank in Parbhani for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHG0004205 for the Jintur branch of Maharashtra Gramin Bank has a very important 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 Jintur, Parbhani, Maharashtra, are allotted a unique IFSC like MAHG0004205 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Parbhani.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Parbhani and Jintur.
- 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 Jintur reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code MAHG0004205
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 Jintur in Parbhani.
For example, the IFSC Code MAHG0004205 of Maharashtra Gramin Bank for the Jintur branch includes these elements, identifying the bank and the branch location in Parbhani and Maharashtra accurately.
How to Find IFSC Code for Maharashtra Gramin Bank?
To find the IFSC Code MAHG0004205 of Maharashtra Gramin Bank for its Jintur branch located in Parbhani, 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 Parbhani and Jintur, 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 Jintur or Parbhani to find the exact IFSC Code MAHG0004205.
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 Parbhani will provide accurate information.
How to Use IFSC Code MAHG0004205 for Online Transfers?
If you have the IFSC Code MAHG0004205 for the Jintur branch of Maharashtra Gramin Bank in Parbhani, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHG0004205. 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 MAHG0004205.
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 Jintur in Parbhani, it may 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 Jintur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Parbhani manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHG0004205.
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 Jintur Tq Jintur Dist Parbhani located in Parbhani, Jintur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.