Maharashtra Gramin Bank, REGIONAL OFFICE, BHANDARA, BHANDARA Branch IFSC Code

The IFSC code MAHG0006500 is assigned to Maharashtra Gramin Bank, REGIONAL OFFICE, BHANDARA located in BHANDARA, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS

Bank Details

Bank Name Maharashtra Gramin Bank
IFSC Code MAHG0006500
Branch Code 006500
Branch REGIONAL OFFICE, BHANDARA
City BHANDARA
District BHANDARA
State MAHARASHTRA
Address SHYAM BHAVAN, RADHAKRISHNA WARD, MAIN ROAD, BHANDARA-441904 Maps
Contact +917770016712

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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)
006500 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 MAHG0006500 is the Indian Financial System Code assigned to Maharashtra Gramin Bank, REGIONAL OFFICE, BHANDARA branch in BHANDARA, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BHANDARA, BHANDARA, MAHARASHTRA. The full address is: SHYAM BHAVAN, RADHAKRISHNA WARD, MAIN ROAD, BHANDARA-441904

The branch code is 006500. 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: MAHG0006500
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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