Maharashtra Gramin Bank – SHIVAJINAGAR SATARAPARISAR AURANGABAD
IFSC Code: MAHG0005132
MICR Code: 124016887
Branch: SHIVAJINAGAR SATARAPARISAR AURANGABAD
Bank: Maharashtra Gramin Bank
Address: AT SHIVAJINAGAR SATARAPARISAR AURANGABAD TQ DIST AURANGABAD
District: AURANGABAD
State: MAHARASHTRA
Contact: +912402451232
Indian Financial System Code (IFSC): MAHG0005132
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 005132. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 124016887
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.