IFSCIndex

Maharashtra Gramin Bank Nandori IFSC Code

Maharashtra Gramin Bank Logo

Maharashtra Gramin Bank

MAHG0006807

IFSC · Used for NEFT, IMPS & RTGS

442570007

MICR · Used for Cheque Clearance

Branch

Nandori

Address

C/0 Swapnil Suryabhan Lambat, Near Shivaji Statue, At Po Nandori, Tah - Bhadrawati, Dist - Chandrapur - 442907

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District

Chandrapur

State

Maharashtra

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Frequently Asked Questions

About Maharashtra Gramin Bank Nandori (suryabhan Lambat Near Shivaj - 6807), Chandrapur

The IFSC code MAHG0006807 (lowercase: mahg0006807) belongs to Maharashtra Gramin Bank, specifically the Nandori (suryabhan Lambat Near Shivaj - 6807) branch located in Chandrapur, Maharashtra.

The 5th character in the IFSC code MAHG0006807 is a zero (0), not the letter 'O'. The correct format is MAHG0006807 (lowercase: mahg0006807), and not MAHGO006807. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Maharashtra Gramin Bank Nandori (suryabhan Lambat Near Shivaj - 6807) in Chandrapur, Maharashtra is MAHG0006807. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Maharashtra Gramin Bank Nandori (suryabhan Lambat Near Shivaj - 6807) is located at C/0 Swapnil Suryabhan Lambat, Near Shivaji Statue, At Po Nandori, Tah - Bhadrawati, Dist - Chandrapur - 442907, Chandrapur, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Maharashtra Gramin Bank Nandori (suryabhan Lambat Near Shivaj - 6807) is 442570007. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code MAHG0006807 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code MAHG0006807 by checking: (1) The top-left corner of any Maharashtra Gramin Bank Nandori (suryabhan Lambat Near Shivaj - 6807) cheque leaf, (2) The first page of your Maharashtra Gramin Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: MAHG0006807

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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MAHG
Bank Codechars 1–4
0Reservedchar 5
006807
Branch Codechars 6–11

MAHG0006807

What Each Part Means

Bank Code — MAHG
The first 4 characters uniquely identify Maharashtra Gramin Bank at the national level. Every branch of Maharashtra Gramin Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 006807
The final 6 characters 006807 uniquely identify this specific branch within the Maharashtra Gramin Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code MAHG0006807
SegmentCharsValuePurpose
Bank Code1–4MAHGIdentifies Maharashtra Gramin Bank
Reserved50RBI reserved (always 0)
Branch Code6–11006807Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchMAHG0006807442570007
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.