Maharashtra Gramin Bank KOLGAON Branch IFSC Code

MAHG 0004523
Maharashtra Gramin Bank Logo Maharashtra Gramin Bank
KOLGAON — BEED, MAHARASHTRA
MICR: 431570561 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Maharashtra Gramin Bank
Branch
KOLGAON
IFSC Code
MAHG0004523
MICR Code
431570561
Address
AT KOLGAON TQ GEORAI DIST BEED
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City
BEED
District
KOLGAON
State
MAHARASHTRA
Contact
+912447203510

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MAHG0004523 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 MAHG0004523.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MAHG0004523.

IFSC Code Structure

M
A
H
G
0
0
0
4
5
2
3
  • MAHG — Bank code (Maharashtra Gramin Bank)
  • 0 — Reserved (always 0)
  • 004523 — Branch code (KOLGAON)

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Frequently Asked Questions

Is MAHG0004523 valid for online transfer?
Yes, MAHG0004523 is a valid IFSC code for Maharashtra Gramin Bank KOLGAON branch in BEED, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MAHG0004523 belong to?
MAHG0004523 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 KOLGAON is 431570561. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MAHG0004523?
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.