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Maharashtra Gramin Bank · Palghar

MAHG0005608: Maharashtra Gramin Bank, Udhawa

IFSC code MAHG0005608 belongs to the Udhawa branch of Maharashtra Gramin Bank in Palghar, Maharashtra. Its MICR code is 400570508.

IFSC
MAHG0005608
MICR
400570508
Bank
Maharashtra Gramin Bank
Branch
Udhawa
District
Palghar
State
Maharashtra
Phone
+912521232109

Branch address

Maharashtra Gramin Bank
At Udhawa TQ Dist Palghar

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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 005608 is the code of the Udhawa branch. In the MICR code 400570508, 400 is the city, 570 the bank and 508 the branch.

Other Maharashtra Gramin Bank branches in Palghar

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 Udhawa branch (Palghar, Maharashtra) is MAHG0005608.

  2. 400570508. MICR is printed at the bottom of the branch's cheques.

  3. At Udhawa TQ Dist Palghar

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC MAHG0005608 with the beneficiary's account number.

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