Maharashtra Gramin Bank, ERANDOL, JALGAON Branch IFSC Code

The IFSC code MAHG0005518 is assigned to Maharashtra Gramin Bank, ERANDOL located in JALGAON, 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 MAHG0005518
Branch Code 005518
Branch ERANDOL
City JALGAON
District ERANDOL
State MAHARASHTRA
Address SADGURU VILLA BIRLA CHOWK NEAR PANDAV WADA AT POST AND TQ ERANDOL Maps
Contact +919823742280

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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)
005518 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.

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 MAHG0005518 is the Indian Financial System Code assigned to Maharashtra Gramin Bank, ERANDOL branch in JALGAON, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in JALGAON, ERANDOL, MAHARASHTRA. The full address is: SADGURU VILLA BIRLA CHOWK NEAR PANDAV WADA AT POST AND TQ ERANDOL

The branch code is 005518. 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

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: MAHG0005518
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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