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 Keshavnagar branch in Pune, Keshavnagar, 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 Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHG0004614. 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, Keshavnagar, Pune

Below in the table are the key details related to IFSC Code MAHG0004614 of Maharashtra Gramin Bank for its branch located in Pune, within the district of Keshavnagar in the state of Maharashtra.

Particulars Details
Bank Maharashtra Gramin Bank
IFSC Code MAHG0004614
Branch Keshavnagar
City Pune
District Keshavnagar
State Maharashtra
Address At Keshavnagar Tq Haveli Dist Pune

These details are crucial, not just for online banking users but also for businesses and individuals who use Maharashtra Gramin Bank in Pune for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHG0004614 for the Keshavnagar branch of Maharashtra Gramin Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MAHG0004614 is given to every bank branch, including Maharashtra Gramin Bank located in Keshavnagar, Pune, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Maharashtra Gramin Bank branch in Pune.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Pune and Keshavnagar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Maharashtra Gramin Bank in Keshavnagar doesn't end up at another location.

Format of the IFSC Code MAHG0004614

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 Keshavnagar in Pune.

For example, the IFSC Code MAHG0004614 of Maharashtra Gramin Bank for the Keshavnagar branch has these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.

How to Find IFSC Code for Maharashtra Gramin Bank?

If you are trying to find the IFSC Code MAHG0004614 of Maharashtra Gramin Bank for its Keshavnagar branch located in Pune, the following methods can help:

Cheque Book

The cheque book issued by Maharashtra Gramin Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

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

Bank Website

Visit the official website of Maharashtra Gramin Bank and navigate to the branch locator section. Search for Keshavnagar or Pune to get the exact IFSC Code MAHG0004614.

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 keeps an updated list of all IFSC codes. If you search for Maharashtra Gramin Bank and Pune, you'll get the correct details.

How to Use IFSC Code MAHG0004614 for Online Transfers?

Once you have the IFSC Code MAHG0004614 for the Keshavnagar branch of Maharashtra Gramin Bank in Pune, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHG0004614. 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 MAHG0004614.

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 Keshavnagar in Pune, 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 Keshavnagar, 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 Pune to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Maharashtra Gramin Bank Keshavnagar Pune?

The IFSC Code of the Keshavnagar Pune branch is MAHG0004614.

Is IFSC Code MAHG0004614 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 Keshavnagar branch?

The branch is located at At Keshavnagar Tq Haveli Dist Pune.

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.