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Maharashtra Gramin Bank · Apegaon

MAHG0004502: Maharashtra Gramin Bank, Apegaon

IFSC code MAHG0004502 belongs to the Apegaon branch of Maharashtra Gramin Bank in Apegaon, Maharashtra. Its MICR code is 431570551.

IFSC
MAHG0004502
MICR
431570551
Bank
Maharashtra Gramin Bank
Branch
Apegaon
District
Apegaon
State
Maharashtra
Phone
+912446253503

Branch address

Maharashtra Gramin Bank
At Apegaon TQ Ambajogai Dist Beed

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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 004502 is the code of the Apegaon branch. In the MICR code 431570551, 431 is the city, 570 the bank and 551 the branch.

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.

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Common questions.

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  1. The IFSC of Maharashtra Gramin Bank's Apegaon branch (Apegaon, Maharashtra) is MAHG0004502.

  2. 431570551. MICR is printed at the bottom of the branch's cheques.

  3. At Apegaon TQ Ambajogai Dist Beed

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC MAHG0004502 with the beneficiary's account number.

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