Maharashtra Gramin Bank, SEVALI

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

IFSC Code: MAHG0005215
Branch: SEVALI
Address: AT SEVALI TQ DIST JALNA
Bank Code: MAHG
MICR: 462016003

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Frequently asked questions

What's the IFSC Code of SEVALI, Maharashtra Gramin Bank?: The IFSC Code of SEVALI, Maharashtra Gramin Bank is MAHG0005215.
What's the Address of SEVALI, Maharashtra Gramin Bank?: The Address of SEVALI, Maharashtra Gramin Bank is AT SEVALI TQ DIST JALNA.
What's the MICR Code of SEVALI, Maharashtra Gramin Bank?: The MICR Code of SEVALI, Maharashtra Gramin Bank is 462016003.
What's the District SEVALI, Maharashtra Gramin Bank falls under?: The District SEVALI, Maharashtra Gramin Bank falls under is JALNA.

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).