Maharashtra Gramin Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for MAHARASHTRA GRAMIN BANK which is located in Head Office, Shivaji Nagar, Nanded- 431602 is MAHB0RRBMGB

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any MAHARASHTRA GRAMIN BANK account or to any other bank accounts, Here the first 4 alphabets MAHB indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits RRBMGB indicates the particular branch of MAHARASHTRA GRAMIN BANK in Head Office, Shivaji Nagar, Nanded- 431602

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find MAHARASHTRA GRAMIN BANK IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch > to get the IFSC code or MICR codes for MAHARASHTRA GRAMIN BANK. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Maharashtra Gramin Bank Branch Details

• Maharashtra

ABOUT MAHARASHTRA GARMIN BANK:

MAHARASHTRA GRAMIN BANK was amalgamated on the 25th of March 2008 which joint the two RRB's which are Aurangabad Jalna Gramin Bank & Thane Gramin Bank into a single RRB which was named as Maharashtra Godavari Gramin Bank. Maharashtra Gramin Bank's head office is located in Aurangabad, and It is one of the 43 Gramin banks in India which is supported by the government, which also that aim to bring banking services to rural areas, and It is controlled under the ownership of Ministry of Finance, Government of India.

MAHARASHTRA GRAMIN BANK has a total of 413 fully computerised CBS branches, and it is one of the Gramin banks which are using an advanced technological computerized systems, and currently there are a total of 41 networking ATM's which are totally functioning across the nation.

Types of Loans provided by the Maharashtra Gramin Bank:

• Home loans
• Vehicle loans
• Gold loans
• Personal loans
• Education loans
• Interest rate charts
• EMI calculators

Types of deposits in Maharashtra Gramin Bank:

• Current accounts
• Savings accounts
• Recurring deposits
• Term deposits
• MIDS
• QIDS
• Tax Saver Deposits
• Interest rate charts

Cards provided by the Maharashtra Gramin Bank:

• Debit card
• Kissan credit card

Insurance provided by the Maharashtra Gramin Bank:

• Life Insurance

Services provided by Maharashtra Gramin Bank in agricultural sector:

• Kissan credit card
• Agriculture gold Loans
• Agriculture term Loans
• Agri vehicle Loans

Mission and Vision of Maharashtra Gramin Bank:

Mission: "Developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas, credit and other facilities, particularly to the small and marginal farmers, agricultural labourers, artisans and small entrepreneurs and for matters connected therewith and incidental thereto".

Vision: Positioning the Bank in a competitive market by adopting IT solutions, providing basic services to mass population at their doorstep, adopt effective IT models to deliver those services, increase flow of credit to agriculture, to achieve a quantum jump in savings bank deposit mobilization and pursue the best practices for delivering the value added service to our customers by transforming the branches into the most preferred banking outlet in rural areas.

The total asset value of Maharashta Gramin bank as on 31/3/2020 is rupees 125,002,640,000.

For further details write to Maharashtra gramin bank:-

ADDRESS:
Maharashtra Gramin Bank,
Head Office,
Plot No: 42, Gut No: 33,
Golwadi Village,
Tal-Dist- Aurangabad
Near Disha Sankriti Society. 431136.