If you are searching for the IFSC code of Maharashtra Gramin Bank, BARAD branch in BARAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHG0004105. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the BARAD branch, and detailed step-by-step guides for using the IFSC MAHG0004105 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, MAHG0004105 is the IFSC of Maharashtra Gramin Bank's BARAD branch. The format is fixed: MAHG = bank code, 0 = reserved, 004105 = branch identifier.
About Maharashtra Gramin Bank
Maharashtra Gramin Bank operates a wide network of branches across India, including the Barad branch in Barad. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MAHG0004105.
About this branch
The branch is located at AT BARAD TQ MUDKHED DIST NANDED. It serves the Barad region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Maharashtra Gramin Bank. The IFSC MAHG0004105 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Barad |
| IFSC Code | MAHG0004105 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT BARAD TQ MUDKHED DIST NANDED |
| City | Barad |
| District | Nanded |
| State | Maharashtra |
| STD Code | 2462 |
| Phone | 276537 |
Why every Maharashtra Gramin Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BARAD of Maharashtra Gramin Bank — its own 11-character IFSC. The code MAHG0004105 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC MAHG0004105 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Barad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHG0004105 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 MAHG0004105
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 MAHG0004105 across all three.
How to use IFSC MAHG0004105 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Maharashtra Gramin Bank's BARAD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC MAHG0004105.
- Confirm the bank name auto-populates as Maharashtra Gramin Bank and the branch as BARAD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC MAHG0004105
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 – BARAD, ensure your bank's portal accepts IFSC MAHG0004105 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Maharashtra Gramin Bank – BARAD, use IMPS. With IFSC MAHG0004105 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Barad
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC MAHG0004105:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BARAD is still linked to IFSC MAHG0004105.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC MAHG0004105
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 – BARAD is still mapped to IFSC MAHG0004105. 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 MAHG0004105 and the beneficiary's account number to complete the transfer.
Account types you can open at the Barad branch
Once you have an account at Maharashtra Gramin Bank – BARAD, the IFSC MAHG0004105 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.
Banking services available
The Barad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2462-276537.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC MAHG0004105
Digital banking channels
Most day-to-day work that customers used to do at the Barad branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC MAHG0004105 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
How to reach the Barad branch
The branch is located at AT BARAD TQ MUDKHED DIST NANDED, which puts it inside Barad, the broader Nanded district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Maharashtra Gramin Bank Barad branch” — the verified location pin for IFSC MAHG0004105 should appear at the top of the results.
- Confirm the branch is open by calling 2462-276537 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC MAHG0004105 and your account number.
Common mistakes to avoid when using IFSC MAHG0004105
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Maharashtra Gramin Bank – BARAD, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
MAHG0004105. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Barad are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to MAHG0004105 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHG0004105 for Maharashtra Gramin Bank – BARAD, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Maharashtra Gramin BankBarad Branch
AT BARAD TQ MUDKHED DIST NANDED
Barad, Maharashtra
Phone: 2462-276537
IFSC: MAHG0004105
Frequently asked questions
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 Barad branch but serve different purposes.
How quickly will an NEFT transfer using MAHG0004105 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Barad reflect within 30 minutes.
Is IFSC MAHG0004105 the same for all accounts at Barad branch?
Yes. The IFSC MAHG0004105 is shared by every account held at Maharashtra Gramin Bank's Barad branch. Only the account number changes from customer to customer.
Where is Maharashtra Gramin Bank Barad branch located?
Maharashtra Gramin Bank's Barad branch is located at AT BARAD TQ MUDKHED DIST NANDED, Barad, Maharashtra.
Can I use IFSC MAHG0004105 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHG0004105 to send funds instantly.
How do I add Maharashtra Gramin Bank Barad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0004105, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Maharashtra Gramin Bank Barad branch?
The IFSC code of Maharashtra Gramin Bank, Barad branch is MAHG0004105. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: MAHG0004105 is the IFSC code of Maharashtra Gramin Bank, BARAD branch, in BARAD, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
