Maharashtra Gramin Bank IFSC Code
KARMAD Branch, KARMAD, KARMAD, Maharashtra
The official Indian Financial System Code (IFSC) for Maharashtra Gramin Bank, KARMAD branch in KARMAD, Maharashtra is MAHG0005111. The MICR code for cheque clearance is 431570502.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Maharashtra Gramin Bank
- Branch Name
- KARMAD
- MICR Code
- City / District
- KARMAD (KARMAD)
- State
- Maharashtra
- Postal Pincode
- N/A
AT KARMAD TQ DIST AURANGABAD
How to Read IFSC Code: MAHG0005111
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Maharashtra Gramin Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Maharashtra Gramin Bank (MAHG0005111)
What is the IFSC Code for Maharashtra Gramin Bank KARMAD branch?
The IFSC Code for Maharashtra Gramin Bank KARMAD branch in KARMAD, Maharashtra is MAHG0005111. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Maharashtra Gramin Bank KARMAD branch?
The branch is located at: AT KARMAD TQ DIST AURANGABAD, KARMAD, Maharashtra.
What is the MICR Code for Maharashtra Gramin Bank KARMAD?
The MICR Code for electronic cheque clearing at Maharashtra Gramin Bank KARMAD is 431570502.
How can I contact Maharashtra Gramin Bank KARMAD branch?
You can contact the branch at: Phone: +912402623339. For official national customer care, refer to Maharashtra Gramin Bank's official banking channels.
How to decipher the IFSC code MAHG0005111?
The first 4 characters 'MAHG' represent Maharashtra Gramin Bank. The 5th character is '0' reserved for future use. The last 6 characters '005111' represent the specific KARMAD branch code.
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