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Maharashtra Gramin Bank, KAWALGAON

Here is the IFSC & MICR Codes of Maharashtra Gramin Bank, KAWALGAON, KAWALGAON, MAHARASHTRA. Also get the latest address, contact number of Maharashtra Gramin Bank, KAWALGAON.

IFSC Code
MAHG0004223
Branch
KAWALGAON
Address
AT KAWALGAON TQ PURNA DIST PARBHANI
Bank Code
MAHG
MICR
431570686

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Frequently asked questions

What's the IFSC Code of KAWALGAON, Maharashtra Gramin Bank?

The IFSC Code of KAWALGAON, Maharashtra Gramin Bank is MAHG0004223.

What's the Address of KAWALGAON, Maharashtra Gramin Bank?

The Address of KAWALGAON, Maharashtra Gramin Bank is AT KAWALGAON TQ PURNA DIST PARBHANI.

What's the MICR Code of KAWALGAON, Maharashtra Gramin Bank?

The MICR Code of KAWALGAON, Maharashtra Gramin Bank is 431570686.

What's the District KAWALGAON, Maharashtra Gramin Bank falls under?

The District KAWALGAON, Maharashtra Gramin Bank falls under is PARBHANI.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

  • The first four characters represent the bank code, identifying the bank that the branch belongs to.
  • The fifth character is always a zero, reserved for future use.
  • The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).