This page lists the IFSC code, branch address, contact number and fund-transfer information for Maharashtra Gramin Bank, ALEGAON branch in AKOLA. The 11-digit IFSC MAHG0006210 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Maharashtra Gramin Bank at the ALEGAON location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Maharashtra Gramin Bank – ALEGAON is MAHG0006210. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 006210 map to this branch in AKOLA, MAHARASHTRA.
About the bank
Maharashtra Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Alegaon branch in Akola, Maharashtra is part of this network and uses the IFSC code MAHG0006210 for all electronic settlement.
About the Alegaon branch
The Alegaon branch of Maharashtra Gramin Bank is situated at C/O SHRIANIL PRALHAD RAUT, AT PO ALEGAON, TQPATURDIST AKOLA- 444511. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code MAHG0006210 is used.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Alegaon |
| IFSC Code | MAHG0006210 |
| MICR Code | Refer to cheque leaf |
| Branch Address | C/O SHRIANIL PRALHAD RAUT, AT PO ALEGAON, TQPATURDIST AKOLA- 444511 |
| City | Akola |
| District | Akola |
| State | Maharashtra |
| STD Code | 724 |
| Phone | 7972541720 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Maharashtra Gramin Bank's ALEGAON branch came to be assigned the code MAHG0006210.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC MAHG0006210, money simply cannot be routed to the ALEGAON branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Alegaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHG0006210 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC MAHG0006210
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC MAHG0006210 across all three.
NEFT to Maharashtra Gramin Bank, ALEGAON using IFSC MAHG0006210
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC MAHG0006210, and confirm that the system picks up Maharashtra Gramin Bank – ALEGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHG0006210
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Maharashtra Gramin Bank – ALEGAON, ensure your bank's portal accepts IFSC MAHG0006210 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Maharashtra Gramin Bank ALEGAON (IFSC MAHG0006210)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHG0006210 in your mobile or internet banking app, and the money is credited to the ALEGAON branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHG0006210 for Maharashtra Gramin Bank – ALEGAON, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – MAHG0006210 | Yes – MAHG0006210 | Yes – MAHG0006210 |
For most retail customers crediting the Alegaon branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC MAHG0006210
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Maharashtra Gramin Bank – ALEGAON is still mapped to IFSC MAHG0006210. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC MAHG0006210 and the beneficiary's account number to complete the transfer.
Account types you can open at the Alegaon branch
Once you have an account at Maharashtra Gramin Bank – ALEGAON, the IFSC MAHG0006210 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Alegaon branch can access most of Maharashtra Gramin Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC MAHG0006210
Online banking and IFSC MAHG0006210
Maharashtra Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the ALEGAON branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC MAHG0006210 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Alegaon branch sits at C/O SHRIANIL PRALHAD RAUT, AT PO ALEGAON, TQPATURDIST AKOLA- 444511. If you are travelling from outside Akola, search for the branch on a maps application using the bank name and locality, or call 724-7972541720 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC MAHG0006210 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Maharashtra Gramin Bank – ALEGAON:
- The IFSC is exactly MAHG0006210 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Maharashtra Gramin Bank as the bank name and ALEGAON as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Alegaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHG0006210, however, work 24x7.
Verifying IFSC MAHG0006210 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm MAHG0006210 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 724-7972541720.
- Visiting the bank's official branch locator page.
Branch address & contact
Maharashtra Gramin BankAlegaon Branch
C/O SHRIANIL PRALHAD RAUT, AT PO ALEGAON, TQPATURDIST AKOLA- 444511
Akola, Maharashtra
Phone: 724-7972541720
IFSC: MAHG0006210
Frequently asked questions
How do I add Maharashtra Gramin Bank Alegaon as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0006210, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Maharashtra Gramin Bank Alegaon branch?
The IFSC code of Maharashtra Gramin Bank, Alegaon branch is MAHG0006210. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Maharashtra Gramin Bank Alegaon branch?
You can reach the branch at 724-7972541720 during regular banking hours.
Where is Maharashtra Gramin Bank Alegaon branch located?
Maharashtra Gramin Bank's Alegaon branch is located at C/O SHRIANIL PRALHAD RAUT, AT PO ALEGAON, TQPATURDIST AKOLA- 444511, Akola, Maharashtra.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Alegaon branch but serve different purposes.
Can I use IFSC MAHG0006210 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHG0006210 to send funds instantly.
Is IFSC MAHG0006210 valid for NEFT and RTGS?
Yes. IFSC MAHG0006210 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using MAHG0006210 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Alegaon reflect within 30 minutes.
Summary
The IFSC code MAHG0006210 belongs to Maharashtra Gramin Bank's ALEGAON branch, located at C/O SHRIANIL PRALHAD RAUT, AT PO ALEGAON, TQPATURDIST AKOLA- 444511 in AKOLA, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
