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Maharashtra Gramin Bank · Patoda Amba

MAHG0004531: Maharashtra Gramin Bank, Patoda Amba

IFSC code MAHG0004531 belongs to the Patoda Amba branch of Maharashtra Gramin Bank in Patoda Amba, Maharashtra. Its MICR code is 431570554.

IFSC
MAHG0004531
MICR
431570554
Bank
Maharashtra Gramin Bank
Branch
Patoda Amba
District
Patoda Amba
State
Maharashtra
Phone
+912446255563

Branch address

Maharashtra Gramin Bank
At Patoda Amba 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 004531 is the code of the Patoda Amba branch. In the MICR code 431570554, 431 is the city, 570 the bank and 554 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 Patoda Amba branch (Patoda Amba, Maharashtra) is MAHG0004531.

  2. 431570554. MICR is printed at the bottom of the branch's cheques.

  3. At Patoda Amba TQ Ambajogai Dist Beed

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC MAHG0004531 with the beneficiary's account number.

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