IFSC Code of Maharashtra Gramin Bank, BASMAT, BASMAT

MAHG0004217

BankMaharashtra Gramin Bank
IFSC CodeMAHG0004217
Branch Code004217 (last six characters of IFSC)
BranchBASMAT
City / DistrictBASMAT
StateMAHARASHTRA

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Maharashtra Gramin Bank BASMAT IFSC Code

The BASMAT branch of Maharashtra Gramin Bank located in BASMAT, MAHARASHTRA is identified by the IFSC code MAHG0004217. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using MAHG0004217

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code MAHG0004217 to identify the BASMAT branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Maharashtra Gramin Bank, BASMAT?
The IFSC code is MAHG0004217.

What is the branch code?
The branch code is 004217, the last six characters of the IFSC code.