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 Jintur Road Parbhani branch in Parbhani, Jintur Road Parbhani, 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 Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0004261. 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, Jintur Road Parbhani, Parbhani

The table below shows the main details of the IFSC Code MAHG0004261 for the Maharashtra Gramin Bank branch in Parbhani, which falls under the Jintur Road Parbhani district in Maharashtra.

Particulars Details
Bank Maharashtra Gramin Bank
IFSC Code MAHG0004261
Branch Jintur Road Parbhani
City Parbhani
District Jintur Road Parbhani
State Maharashtra
Address At Jintur Road Parbhani Tq Parbhani Dist Parbhani

These details are important not only for users using online banking but also for businesses and individuals who use Maharashtra Gramin Bank in Parbhani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHG0004261 for the Jintur Road Parbhani branch of Maharashtra Gramin Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Maharashtra Gramin Bank located in Jintur Road Parbhani, Parbhani, Maharashtra, is provided a unique IFSC like MAHG0004261 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Maharashtra Gramin Bank branch in Parbhani.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Parbhani and Jintur Road Parbhani.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Maharashtra Gramin Bank in Jintur Road Parbhani do not get misguided to another person.

Format of the IFSC Code MAHG0004261

The format of the IFSC Code for banks, including Maharashtra Gramin Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Maharashtra Gramin Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jintur Road Parbhani in Parbhani.

For example, the IFSC Code MAHG0004261 of Maharashtra Gramin Bank for the Jintur Road Parbhani branch includes these elements, identifying the bank and the branch location in Parbhani and Maharashtra correctly.

How to Find IFSC Code for Maharashtra Gramin Bank?

To find the IFSC Code MAHG0004261 of Maharashtra Gramin Bank for its Jintur Road Parbhani 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 Road Parbhani, 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 Road Parbhani or Parbhani to find the exact IFSC Code MAHG0004261.

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 MAHG0004261 for Online Transfers?

If you have the IFSC Code MAHG0004261 for the Jintur Road Parbhani 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 MAHG0004261. 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 MAHG0004261.

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 Road Parbhani 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 Road Parbhani, 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 Parbhani to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Maharashtra Gramin Bank Jintur Road Parbhani Parbhani?

The IFSC Code of the Jintur Road Parbhani Parbhani branch is MAHG0004261.

Is IFSC Code MAHG0004261 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 Jintur Road Parbhani branch?

The branch is located at At Jintur Road Parbhani Tq Parbhani Dist Parbhani.

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.