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Maharashtra Gramin Bank · Neknoor

MAHG0004545: Maharashtra Gramin Bank, Neknoor

IFSC code MAHG0004545 belongs to the Neknoor branch of Maharashtra Gramin Bank in Neknoor, Maharashtra. Its MICR code is 431570563.

IFSC
MAHG0004545
MICR
431570563
Bank
Maharashtra Gramin Bank
Branch
Neknoor
District
Neknoor
State
Maharashtra
Phone
+912442250585

Branch address

Maharashtra Gramin Bank
At Neknoor TQ Beed 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 004545 is the code of the Neknoor branch. In the MICR code 431570563, 431 is the city, 570 the bank and 563 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 Neknoor branch (Neknoor, Maharashtra) is MAHG0004545.

  2. 431570563. MICR is printed at the bottom of the branch's cheques.

  3. At Neknoor TQ Beed Dist Beed

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC MAHG0004545 with the beneficiary's account number.

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