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 Khadakpada Chowk Kalyan W branch in Thane, Khadakpada Chowk Kalyan W, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHG0005630. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Maharashtra Gramin Bank, Khadakpada Chowk Kalyan W, Thane
Below in the table are the key details related to IFSC Code MAHG0005630 of Maharashtra Gramin Bank for its branch located in Thane, within the district of Khadakpada Chowk Kalyan W in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra Gramin Bank |
| IFSC Code | MAHG0005630 |
| Branch | Khadakpada Chowk Kalyan W |
| City | Thane |
| District | Khadakpada Chowk Kalyan W |
| State | Maharashtra |
| Address | At Khadakpada Chowk Kalyan W Tq Dist Thane |
These details are important not only for users using online banking but also for businesses and individuals who use Maharashtra Gramin Bank in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHG0005630 for the Khadakpada Chowk Kalyan W branch of Maharashtra Gramin Bank is vital.
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 Khadakpada Chowk Kalyan W, Thane, Maharashtra, are given a unique IFSC like MAHG0005630 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Thane and Khadakpada Chowk Kalyan W.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Maharashtra Gramin Bank in Khadakpada Chowk Kalyan W goes to the correct branch. This is important because Maharashtra Gramin Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code MAHG0005630
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 Khadakpada Chowk Kalyan W in Thane.
For example, the IFSC Code MAHG0005630 of Maharashtra Gramin Bank for the Khadakpada Chowk Kalyan W branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Maharashtra Gramin Bank?
If you are looking for the IFSC Code MAHG0005630 of Maharashtra Gramin Bank for its Khadakpada Chowk Kalyan W branch located in Thane, 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 Thane and Khadakpada Chowk Kalyan W, 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 Khadakpada Chowk Kalyan W or Thane to get the exact IFSC Code MAHG0005630.
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 Thane, then it will provide you proper information.
How to Use IFSC Code MAHG0005630 for Online Transfers?
Once you have the IFSC Code MAHG0005630 for the Khadakpada Chowk Kalyan W branch of Maharashtra Gramin Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHG0005630. 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 MAHG0005630.
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 Khadakpada Chowk Kalyan W in Thane, 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 Khadakpada Chowk Kalyan W, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHG0005630.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Khadakpada Chowk Kalyan W Tq Dist Thane located in Thane, Khadakpada Chowk Kalyan W, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.