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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Maharashtra Gramin Bank for its Shirur Ghodnadi branch in Pune, Ahmednagar, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Maharashtra Gramin Bank located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0004621. 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, Shirur Ghodnadi, Pune
Here are some of the key details that come with the IFSC Code MAHG0004621 of Maharashtra Gramin Bank for its branch located in Pune, within the district of Ahmednagar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra Gramin Bank |
| IFSC Code | MAHG0004621 |
| Branch | Shirur Ghodnadi |
| City | Pune |
| District | Ahmednagar |
| State | Maharashtra |
| Address | Maharashtra Gramin Bank, Shirur Branch, Survey No 1148/2, Oxi Gold Baburao Nagar Pune-Ahmednagar Road Shirur Taluka Shirur Dist. Pune 412210 |
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 MAHG0004621 for the Shirur Ghodnadi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Maharashtra Gramin Bank located in Shirur Ghodnadi, Pune, Maharashtra, is provided a unique IFSC like MAHG0004621 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Maharashtra Gramin Bank branch in Pune.
- 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 Pune and Ahmednagar.
- 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 Shirur Ghodnadi do not get misguided to another person.
Format of the IFSC Code MAHG0004621
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): 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 Shirur Ghodnadi in Pune.
For example, the IFSC Code MAHG0004621 of Maharashtra Gramin Bank for the Shirur Ghodnadi branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Maharashtra Gramin Bank?
If you are trying to find the IFSC Code MAHG0004621 of Maharashtra Gramin Bank for its Shirur Ghodnadi 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
You can easily find the IFSC and MICR codes because most banks, including Maharashtra Gramin Bank branches in Pune and Ahmednagar, print them 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 Shirur Ghodnadi or Pune to get the exact IFSC Code MAHG0004621.
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 MAHG0004621 for Online Transfers?
Once you have the IFSC Code MAHG0004621 for the Shirur Ghodnadi branch of Maharashtra Gramin Bank in Pune, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHG0004621. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Maharashtra Gramin Bank IFSC Code MAHG0004621.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Maharashtra Gramin Bank Shirur Ghodnadi in Pune, it can 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 Shirur Ghodnadi, 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)
The IFSC Code of the Shirur Ghodnadi Pune branch is MAHG0004621.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Maharashtra Gramin Bank, Shirur Branch, Survey No 1148/2, Oxi Gold Baburao Nagar Pune-Ahmednagar Road Shirur Taluka Shirur Dist. Pune 412210.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.