Maharashtra Gramin Bank IFSC Code and MICR Code

Find Maharashtra Gramin Bank IFSC Code, MICR Code and branch details for NEFT, RTGS & IMPS transactions.

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Maharashtra Gramin Bank IFSC Code, MICR Code and SWIFT Code

The Indian Financial System Code (IFSC) is an eleven-character code introduced by the Reserve Bank of India. IFSC was introduced for seamless online transactions, and the code comprises both letters and numbers. The Maharashtra Gramin Bank IFSC code is one among RBI's allotted codes with the same purpose. 

On the other hand, the MICR or the Magnetic Ink Character Recognition code is used in the faster clearing of cheques. It is a nine-digit code that is printed using magnetic ink technology. The MICR code helps in locating bank branches just like the IFSC codes. 

Both the IFSC and MICR codes are crucial for making instant fund transfers. Throughout this article, you'll find all the information regarding the IFSC and MICR codes. You will get to know where to find these codes and when to use them. 

The Maharashtra Gramin Bank IFSC Code

The Maharashtra Gramin Bank IFSC code has eleven characters, including both letters and numbers. As per the standard RBI rule, the first four characters in the IFSC code stand for the bank's name, the fifth character is zero, and the last six numbers symbolize the branch code. 


The Maharashtra Gramin Bank IFSC code too follows the same pattern. For example, the Maharashtra Gramin Bank's Bahul branch's IFSC code is MAHG0004610. 

The IFSC code has numerous important usages. For instance, you won't be able to make digital fund transfers via NEFT or RTGS without knowing the IFSC code. Therefore, the first thing to do while making an online fund transfer is to find out the receiver's bank's IFSC code. 

Ensure that you collect the correct IFSC code, as even the wrong placement of a single number can lead to discrepancies.

Maharashtra Gramin Bank MICR Code

Like the IFSC code, the MICR code also plays a crucial role in fund transfers all across Indian banks. The full form of MICR code is the "Magnetic Ink Character Recognition Code." The difference between the IFSC code and the MICR code is that the former is required during online payments, and the latter is required for cheque clearance. 

When it comes to the functionality of MICR code, it also identifies bank branches that have the facility of Electronic Clearing System (ECS). The MICR code has three parts. The first part represents the city code, the middle part stands for the bank code, and the last part corresponds to the bank routing number. 

The MICR code has only numbers and no alphabets, and it is a nine-numbered code. For example, the MICR code of the Maharashtra Gramin Bank Bahul branch is 411570505. The MICR code is needed while processing any cheques. 

The MICR code is required to clear cheques through a scanning system. The MICR codes are printed with a unique font combined with magnetic ink. It helps prevent fraud during cheque clearance. 

How to Find the IFSC Code and MICR Code of Maharashtra Gramin Bank? 

You can find the Maharashtra Gramin Bank IFSC code and MICR code through the find your bank website and mobile app. The find your bank site contains information of all Indian bank's branches, including Maharashtra Gramin bank; therefore, it's one of the most reliable sites to refer to. 


To find these codes from the find your bank site, follow these below mentioned steps- 

  • Go to the find your bank website 
  • On the home page, select the options to select the bank name
  • State 
  • District 
  • The location 
  • After selecting all these respective codes, you will find the IFSC and MICR codes. 

Apart from the find your bank site, there are other means to find these codes. Let's have a look at them as well- 

Bank Passbook and Cheque Book

The bank passbook and cheque book is another source where you will find the Maharashtra Gramin Bank IFSC code and MICR codes. The IFSC code is usually printed in the middle of the passbook, and the MICR code is found at the bottom of the chequebook. 

The Reserve Bank of India website

The Reserve Bank of India website has information regarding the IFSC and MICR codes of all Indian bank branches, including the Maharashtra Gramin bank. Therefore, you can visit the site to find them. 

Maharashtra Gramin Bank Digital Platforms

Currently, every bank has its digital platforms like its website and mobile app. These are yet another authentic source of finding these codes. 

Maharashtra Gramin Bank Customer Care Service

Apart from all the sources mentioned above, there is another easy way of sourcing these codes. You can directly call the Maharashtra Gramin Bank customer care service to inquire about the IFSC and MICR code of any branch. 

How to transfer money through the NEFT, IMPS, and RTGS process of Maharashtra Gramin Bank? 


Various online fund transfer methods like NEFT, RTGS, and IMPS have made sending money quite easy. Let's learn about all these three different means, about their charges and limitations- 


NEFT or National Electronic Fund Transfer is a DNS-based system meaning money is sent in different batches. To send money using NEFT, you will need the following information- 

  • Beneficiary account number and name 
  • Beneficiary IFSC code
  • Beneficiary bank name and branch name 
  • Amount to be transferred 

The NEFT service of Maharashtra Gramin Bank is available 365 days a year, including holidays. 

Amount Charges
Upto Rs. 1 lakh No charges
Rs. 1 lakh to Rs. 2 Lakhs Rs.15 per transaction
Rs.2 lakhs and above Rs. 25 per transaction



The RTGS payment method is used when you make high-value fund transfers. The details required for RTGS fund transfer is the same as NEFT. The charges of RTGS is as follows- 

Amount Charges
From Rs. 2 lakhs to less than 5 lakhs

Rs. 25 per transaction  made between 9 am and 12 pm

Rs. 26 per transaction made between 12 pm to 3 pm

Rs. 30 per transaction made between 3 pm to 5.30 pm and after

Above Rs.5 lakhs

Rs. 50 per transaction made between 9 am to 12 pm

Rs. 51 per transaction made between 12 pm to 3 pm

Rs. 55 per transaction made between 3 pm to 5.30 pm and after



IMPS is mainly used to make instant fund transfers. The Maharashtra Gramin Bank IMPS services are available twenty-four hours all around the year. To send money via IMPS, you will need- 

  • Your MMID code 
  • Beneficiary's MMID 
  • Beneficiary account number 
  • Your mobile number 
  • Beneficiary AADHAR number 
  • IFSC code of beneficiary's bank
Amount Charges
Upto Rs. 1 lakh Rs. 5 per transaction
From Rs. 100001 to Rs. 2 Lakhs Rs. 15 per transaction


About Maharashtra Gramin Bank

Maharashtra Gramin Bank has its head office in Aurangabad, Maharashtra. It is a regional bank in India, and currently, the bank has 413 fully CBS branches. The Maharashtra Gramin Bank was formed on March 25, 2008, and the bank was formed, combining both Thane Gramin Bank and Maharashtra Godavari Gramin Bank. 


The Maharashtra Gramin Bank offers an interest rate of 2.75% p.a for savings bank deposits. The documents needed for opening a savings account in Maharashtra Gramin Bank are-

  • Identity proof (voter ID, passport, PAN card, AADHAR card, driving license)
  • Address proof (Telephone bill, bank account statement, electricity bill, AADHAR card etc.)
  • Passport size photo


1) How can I check my Maharashtra Gramin Bank account balance?

You can check the Maharashtra Gramin Bank account balance by calling 18002332133. You can also check the CGGB balance in the ATM or by updating your bank passbook. 

2) How can I activate Gramin net banking in Maharashtra? 

To activate Gramin net banking at the Maharashtra Gramin Bank, you have to visit your nearest branch and submit a form with all required details related to net banking. 

3) Is Maharashtra Gramin Bank a national bank or not?

No, the Maharashtra Gramin Bank is a regional bank of the state of Maharashtra, and it is a part of 56 Gramin Regional Rural Bank in India. 

4) What are the various financial services provided by the Maharashtra Gramin Bank? 

The financial services offered by the Maharashtra Gramin Bank are as follows- 

  • Savings deposits 
  • Current deposits
  • Term deposits 
  • All sorts of loans
  • ATM services, credit cards, debit cards, online fund transfers like NEFT, RTGS, IMPS and the like.