Maharashtra Gramin Bank IFSC code & MICR code

1. Visit the BankBazaar website.
2. Click on 'Bank IFSC Code' on the homepage. You will be redirected to another page.
3. Select bank name, state, district and branch from the drop down menus.

Once you select, the website will immediately display the IFSC code.

How to Transfer Money using Maharashtra Gramin Bank NEFT and RTGS?

Maharashtra Gramin Bank allows its customers to transfer money to others using NEFT and RTGS facilities. If you are a customer of the bank, you can use these facilities online using 'Online Banking' service of the bank or you can visit any bank branch. To transfer the amount, the receiver has to be added as a payee in your bank account. To do so, you have to provide the following information:

1. Name and account number of the receiver.
2. Name of the receiver's bank.
3. Amount that you wish to transfer.
4. IFSC code of the receiver's bank branch.
5. Remarks (If any).

Fee for NEFT Transfer:

The bank does not charge any money for receiving money via NEFT transfers. For transfers you make, you have to pay the following:

1. If you transfer up to Rs.1 lakh, then you do not have to pay any fee.
2. If your transfer amount is more than Rs.1 lakh and up to Rs.2 lakhs, then you have to pay Rs.15 for each transaction.
3. If your transfer amount is more than Rs.2 lakhs, then you have to pay Rs.25 for each transaction.

Fee for RTGS Transfer:

The bank does not charge any money for receiving money via RTGS transfers. For transfers you make, you have to pay the following:

1. If you transfer more than Rs.2 lakhs, but less than Rs.5 lakhs between:
   1. 9 am and 12 pm, you have to pay Rs.25 per transaction.
   2. 12 pm and 3 pm, you have to pay Rs.26 per transaction.
   3. 3 pm and 5.30 pm, you have to pay Rs.30 per transaction.
   4. After 5.30 pm, you have to Rs.30 per transaction.
2. 9 am and 12 pm, you have to pay Rs.25 per transaction.
3. 12 pm and 3 pm, you have to pay Rs.26 per transaction.
4. 3 pm and 5.30 pm, you have to pay Rs.30 per transaction.
5. After 5.30 pm, you have to Rs.30 per transaction.
6. If you transfer Rs.5 lakhs and above between:
   1. 9 am and 12 pm, you have to pay Rs.50 per transaction.
   2. 12 pm and 3 pm, you have to pay Rs.51 per transaction.
   3. 3 pm and 5.30 pm, you have to pay Rs.55 per transaction.
   4. After 5.30 pm, you have to Rs.55 per transaction.
7. 9 am and 12 pm, you have to pay Rs.50 per transaction.
8. 12 pm and 3 pm, you have to pay Rs.51 per transaction.
9. 3 pm and 5.30 pm, you have to pay Rs.55 per transaction.
10. After 5.30 pm, you have to Rs.55 per transaction.

About Maharashtra Gramin Bank

Maharashtra Gramin Bank is the result of the merger of Marathawada Gramin Bank and Maharashtra Godavari Gramin Bank in 2009. It is sponsored by Bank of Maharashtra and its head office is in Nanded. Maharashtra Gramin Bank works towards developing the rural sector by providing credit and various banking facilities for the purpose of trade, agriculture, commerce and industry, etc.