Maharashtra Gramin Bank IFSC Code MAHG0004517

Maharashtra Gramin Bank – HOAL

IFSC Code: MAHG0004517

MICR Code: 431570584

Branch: HOAL

Bank: Maharashtra Gramin Bank

Address: AT HOAL TQ KAIJ DIST BEED

District: BEED

State: MAHARASHTRA

Contact: +912445237601

Indian Financial System Code (IFSC): MAHG0004517

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 004517. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 431570584

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.