Maharashtra Gramin Bank IFSC Code MAHG0005107

Maharashtra Gramin Bank – LONI KH

IFSC Code: MAHG0005107

MICR Code: 431570524

Branch: LONI KH

Bank: Maharashtra Gramin Bank

Address: AT LONI KH TQ DIST AURANGABAD

District: AURANGABAD

State: MAHARASHTRA

Contact: +912436288329

Indian Financial System Code (IFSC): MAHG0005107

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 005107. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 431570524

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.