Maharashtra Gramin Bank BALANAGAR Branch IFSC Code

MAHG 0005103
Maharashtra Gramin Bank Logo Maharashtra Gramin Bank
BALANAGAR — AURANGABAD, MAHARASHTRA
MICR: 431570512 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Maharashtra Gramin Bank
Branch
BALANAGAR
IFSC Code
MAHG0005103
MICR Code
431570512
Address
AT BALANAGAR TQ DIST AURANGABAD
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City
AURANGABAD
District
BALANAGAR
State
MAHARASHTRA
Contact
+912431261053

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MAHG0005103 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 MAHG0005103.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MAHG0005103.

IFSC Code Structure

M
A
H
G
0
0
0
5
1
0
3
  • MAHG — Bank code (Maharashtra Gramin Bank)
  • 0 — Reserved (always 0)
  • 005103 — Branch code (BALANAGAR)

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Frequently Asked Questions

Is MAHG0005103 valid for online transfer?
Yes, MAHG0005103 is a valid IFSC code for Maharashtra Gramin Bank BALANAGAR branch in AURANGABAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MAHG0005103 belong to?
MAHG0005103 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 BALANAGAR is 431570512. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MAHG0005103?
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.