IFSC Code: Mahg0004208

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0004208
MICR Code: 431570680
Address: At Chatori Tq Palam Dist Parbhani
City: Parbhani
District: Chatori
State: Maharashtra

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Mahg0004208.

  • In our case IFSC code's first four characters Mahg represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 0004208 represents branch. In our case branch is located at address At Chatori Tq Palam Dist Parbhani.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.