IFSCIndex

Maharashtra Gramin Bank Kondwe Dhawade IFSC Code

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Maharashtra Gramin Bank

MAHG0004611

IFSC · Used for NEFT, IMPS & RTGS

411570508

MICR · Used for Cheque Clearance

Branch

Kondwe Dhawade

Address

At Kondwe Dhawade Tq Haveli Dist Pune

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District

Kondwe Dhawade

State

Maharashtra

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Frequently Asked Questions

About Maharashtra Gramin Bank Kondwe Dhawade (at Kondwe Dhawade Tq Haveli - 4611), Kondwe Dhawade

The IFSC code MAHG0004611 (lowercase: mahg0004611) belongs to Maharashtra Gramin Bank, specifically the Kondwe Dhawade (at Kondwe Dhawade Tq Haveli - 4611) branch located in Kondwe Dhawade, Maharashtra.

The 5th character in the IFSC code MAHG0004611 is a zero (0), not the letter 'O'. The correct format is MAHG0004611 (lowercase: mahg0004611), and not MAHGO004611. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Maharashtra Gramin Bank Kondwe Dhawade (at Kondwe Dhawade Tq Haveli - 4611) in Kondwe Dhawade, Maharashtra is MAHG0004611. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Maharashtra Gramin Bank Kondwe Dhawade (at Kondwe Dhawade Tq Haveli - 4611) is located at At Kondwe Dhawade Tq Haveli Dist Pune, Kondwe Dhawade, 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 Kondwe Dhawade (at Kondwe Dhawade Tq Haveli - 4611) is 411570508. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code MAHG0004611 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 MAHG0004611 by checking: (1) The top-left corner of any Maharashtra Gramin Bank Kondwe Dhawade (at Kondwe Dhawade Tq Haveli - 4611) 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: MAHG0004611

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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MAHG
Bank Codechars 1–4
0Reservedchar 5
004611
Branch Codechars 6–11

MAHG0004611

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 — 004611
The final 6 characters 004611 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 MAHG0004611
SegmentCharsValuePurpose
Bank Code1–4MAHGIdentifies Maharashtra Gramin Bank
Reserved50RBI reserved (always 0)
Branch Code6–11004611Unique 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 BranchMAHG0004611411570508
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.