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Maharashtra Gramin Bank · Nanded

MAHG0004101: Maharashtra Gramin Bank, Islapur

IFSC code MAHG0004101 belongs to the Islapur branch of Maharashtra Gramin Bank in Nanded, Maharashtra. Its MICR code is 431570620.

IFSC
MAHG0004101
MICR
431570620
Bank
Maharashtra Gramin Bank
Branch
Islapur
District
Nanded
State
Maharashtra
Phone
+912469244040

Branch address

Maharashtra Gramin Bank
At Isalapur TQ Kinwat Dist Nanded

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPINot markedPayments by UPI ID or mobile number from apps

Reading this IFSC

MAHG is Maharashtra Gramin Bank's bank code, the fifth character 0 is kept for future use, and 004101 is the code of the Islapur branch. In the MICR code 431570620, 431 is the city, 570 the bank and 620 the branch.

Other Maharashtra Gramin Bank branches in Nanded

All 50 Maharashtra Gramin Bank branches in Nanded

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Maharashtra Gramin Bank's Islapur branch (Nanded, Maharashtra) is MAHG0004101.

  2. 431570620. MICR is printed at the bottom of the branch's cheques.

  3. At Isalapur TQ Kinwat Dist Nanded

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC MAHG0004101 with the beneficiary's account number.

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