The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Maharashtra Gramin Bank for its Pokharni branch in Parbhani, Pokharni, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Maharashtra Gramin Bank located in Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0004235. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Maharashtra Gramin Bank, Pokharni, Parbhani

Here are some of the key details that come with the IFSC Code MAHG0004235 of Maharashtra Gramin Bank for its branch located in Parbhani, within the district of Pokharni in the state of Maharashtra.

Particulars Details
Bank Maharashtra Gramin Bank
IFSC Code MAHG0004235
Branch Pokharni
City Parbhani
District Pokharni
State Maharashtra
Address At Pokharni Tq Parbhani Dist Parbhani

These details helps 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 MAHG0004235 for the Pokharni 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Maharashtra Gramin Bank located in Pokharni, Parbhani, Maharashtra, is provided a unique IFSC like MAHG0004235 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 Pokharni.
  • 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 Pokharni do not get misguided to another person.

Format of the IFSC Code MAHG0004235

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 Pokharni in Parbhani.

For example, the IFSC Code MAHG0004235 of Maharashtra Gramin Bank for the Pokharni 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 MAHG0004235 of Maharashtra Gramin Bank for its Pokharni 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 Pokharni, 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 Pokharni or Parbhani to find the exact IFSC Code MAHG0004235.

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 MAHG0004235 for Online Transfers?

If you have the IFSC Code MAHG0004235 for the Pokharni 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 MAHG0004235. 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 MAHG0004235.

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 Pokharni in Parbhani, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Maharashtra Gramin Bank in Pokharni, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Maharashtra Gramin Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Parbhani manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Maharashtra Gramin Bank in Pokharni, Parbhani?

The IFSC Code is MAHG0004235.

Is the IFSC Code MAHG0004235 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 Pokharni?

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 Pokharni branch?

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