Maharashtra Gramin Bank SHELGAONG Branch IFSC Code

MAHG 0004240
Maharashtra Gramin Bank Logo Maharashtra Gramin Bank
SHELGAONG — PARBHANI, MAHARASHTRA
MICR: 431570691 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Maharashtra Gramin Bank
Branch
SHELGAONG
IFSC Code
MAHG0004240
MICR Code
431570691
Address
AT SHELGAONG TQ SONPETH DIST PARBHANI
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City
PARBHANI
District
SHELGAONG
State
MAHARASHTRA
Contact
+912453263242

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MAHG0004240 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code MAHG0004240.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MAHG0004240.

IFSC Code Structure

M
A
H
G
0
0
0
4
2
4
0
  • MAHG — Bank code (Maharashtra Gramin Bank)
  • 0 — Reserved (always 0)
  • 004240 — Branch code (SHELGAONG)

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Frequently Asked Questions

Is MAHG0004240 valid for online transfer?
Yes, MAHG0004240 is a valid IFSC code for Maharashtra Gramin Bank SHELGAONG branch in PARBHANI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MAHG0004240 belong to?
MAHG0004240 belongs to Maharashtra Gramin Bank. The first 4 characters "MAHG" identify the bank.
What is the MICR code for this branch?
The MICR code for Maharashtra Gramin Bank SHELGAONG is 431570691. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MAHG0004240?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.