Maharashtra Gramin Bank - Karmad IFSC Code

Aurangabad Maharashtra
IFSC Code
MAHG0005111
MICR Code
431570502
Bank Code
MAHG

Payment Services

NEFT Available
RTGS Available
IMPS Available
UPI Unavailable

Location & Contact

ADDRESS
AT KARMAD TQ DIST AURANGABAD
DISTRICT
Karmad
STATE
Maharashtra
CONTACT
+912402623339

About Maharashtra Gramin Bank KARMAD Branch

The Maharashtra Gramin Bank Karmad branch is located in Aurangabad, Karmad district, Maharashtra. Its official IFSC code is MAHG0005111. This branch offers a wide range of banking services to customers in the Aurangabad area, including savings and current accounts, loans, and digital banking facilities.

You can use the IFSC code MAHG0005111 for all online fund transfers, such as NEFT, RTGS and IMPS. It is mandatory to provide this code when adding a beneficiary to ensure that your funds are transferred securely and accurately to this specific branch.

Additionally, this branch has the MICR code 431570502, which is used for the processing and clearing of cheques. This code is printed on the bottom of cheque leaves and facilitates faster clearing.

Whether you are receiving funds or sending money to an account at the Karmad branch, always verify the IFSC code MAHG0005111 before confirming the transaction.

How to Use This IFSC Code

The IFSC code MAHG0005111 is required for:

  • NEFT Transfers: National Electronic Funds Transfer to this branch
  • RTGS Transfers: Real Time Gross Settlement for large transactions
  • IMPS Transfers: Immediate Payment Service for instant transfers
  • UPI Setup: Link your bank account to UPI apps
  • Online Bill Payments: Add beneficiary for utility payments

Simply enter MAHG0005111 when prompted for the IFSC code during any online banking transaction.

Frequently Asked Questions

The IFSC code for the Karmad branch of Maharashtra Gramin Bank in Aurangabad, Maharashtra is MAHG0005111. This code is used for all online banking transactions including NEFT, RTGS, and IMPS.
The MICR (Magnetic Ink Character Recognition) code for this branch is 431570502. MICR codes are used for cheque processing and clearing.
Yes, the Karmad branch of Maharashtra Gramin Bank supports both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. You can use the IFSC code MAHG0005111 for these services.
The complete address is: AT KARMAD TQ DIST AURANGABAD, Aurangabad, Maharashtra. This branch serves customers in the Aurangabad area.
Please contact the branch to confirm UPI service availability.
To use this IFSC code, enter MAHG0005111 in the IFSC code field when adding a beneficiary or making an online transfer. Ensure you also enter the correct account number and account holder name for successful transactions.