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 Kekarjawala branch in Parbhani, Kekarjawala, 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 MAHG0004224. 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, Kekarjawala, Parbhani

Here are the key points that are associated with the IFSC Code MAHG0004224 of Maharashtra Gramin Bank for its branch located in Parbhani, within the district of Kekarjawala in the state of Maharashtra.

Particulars Details
Bank Maharashtra Gramin Bank
IFSC Code MAHG0004224
Branch Kekarjawala
City Parbhani
District Kekarjawala
State Maharashtra
Address At Kekarjawala Tq Pathri 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 MAHG0004224 for the Kekarjawala 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 Kekarjawala, Parbhani, Maharashtra, are allotted a unique IFSC like MAHG0004224 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 Kekarjawala.
  • 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 Kekarjawala reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code MAHG0004224

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Maharashtra Gramin Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kekarjawala in Parbhani.

For example, the IFSC Code MAHG0004224 of Maharashtra Gramin Bank for the Kekarjawala branch has these elements, identifying the bank and the branch location in Parbhani and Maharashtra correctly.

How to Find IFSC Code for Maharashtra Gramin Bank?

If you are looking for the IFSC Code MAHG0004224 of Maharashtra Gramin Bank for its Kekarjawala branch located in Parbhani, the following methods can help:

Cheque Book

The cheque book that is issued by Maharashtra Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Maharashtra Gramin Bank branches in Parbhani and Kekarjawala, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Maharashtra Gramin Bank and look for the branch locator section, then search for Kekarjawala or Parbhani to get the exact IFSC Code MAHG0004224.

Mobile Banking App

If you use Maharashtra Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Maharashtra Gramin Bank and Parbhani, then it will provide you proper information.

How to Use IFSC Code MAHG0004224 for Online Transfers?

Once you have the IFSC Code MAHG0004224 for the Kekarjawala branch of Maharashtra Gramin Bank in Parbhani, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHG0004224. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHG0004224.

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 Kekarjawala in Parbhani, 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 Kekarjawala, 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 in Kekarjawala, Parbhani?

The IFSC Code is MAHG0004224.

Is the IFSC Code MAHG0004224 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 Kekarjawala?

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 Kekarjawala branch?

The address of the branch is At Kekarjawala Tq Pathri Dist Parbhani located in Parbhani, Kekarjawala, 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.