Maharashtra Gramin Bank, GOLAPANGRI, JALNA Branch IFSC Code

The IFSC code MAHG0005219 is assigned to Maharashtra Gramin Bank, GOLAPANGRI located in JALNA, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Maharashtra Gramin Bank
IFSC Code MAHG0005219
MICR Code 431570543
Branch Code 005219
Branch GOLAPANGRI
City JALNA
District GOLAPANGRI
State MAHARASHTRA
Address AT GOLAPANGRI TQ DIST JALNA Maps
Contact +912482204231

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

MAHG Bank Code
0 Reserved (0)
005219 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

431 City Code
570 Bank Code
543 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code MAHG0005219 is the Indian Financial System Code assigned to Maharashtra Gramin Bank, GOLAPANGRI branch in JALNA, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in JALNA, GOLAPANGRI, MAHARASHTRA. The full address is: AT GOLAPANGRI TQ DIST JALNA

The branch code is 005219. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Maharashtra Gramin Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 431570543. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: MAHG0005219
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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