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15th May
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    IFSC Code of Maharashtra Gramin Bank, Deolgaon Mahi Branch, Maharashtra

    IFSC code MAHG0006426 - Maharashtra Gramin Bank, Deolgaon Mahi Branch, Buldana, Maharashtra. Use it for NEFT, RTGS and IMPS transfers.

    This page lists the IFSC code, branch address, contact number and fund-transfer information for Maharashtra Gramin Bank, DEOLGAON MAHI branch in BULDANA. The 11-digit IFSC MAHG0006426 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 DEOLGAON MAHI 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 – DEOLGAON MAHI is MAHG0006426. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 006426 map to this branch in BULDANA, MAHARASHTRA.

    About Maharashtra Gramin Bank

    Maharashtra Gramin Bank operates a wide network of branches across India, including the Deolgaon Mahi branch in Buldana. 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, MAHG0006426.

    About the Deolgaon Mahi branch

    The Deolgaon Mahi branch of Maharashtra Gramin Bank is situated at C/O SHRIRIKHABCHAND GKOTECHA, AT PO DEULGAON-MAHI, TQ DEULGAON-RAJA DIST BULDHANA - 443206. 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 MAHG0006426 is used.

    Branch details at a glance

    Bank NameMaharashtra Gramin Bank
    BranchDeolgaon Mahi
    IFSC CodeMAHG0006426
    MICR CodeRefer to cheque leaf
    Branch AddressC/O SHRIRIKHABCHAND GKOTECHA, AT PO DEULGAON-MAHI, TQ DEULGAON-RAJA DIST BULDHANA - 443206
    CityBuldana
    DistrictBuldana
    StateMaharashtra
    STD Code7262
    Phone9011746562

    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 DEOLGAON MAHI branch came to be assigned the code MAHG0006426.

    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 MAHG0006426, money simply cannot be routed to the DEOLGAON MAHI branch electronically.

    MICR code & cheque clearing

    Apart from IFSC, every cheque book issued by Maharashtra Gramin Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MAHG0006426 and the account number together uniquely identify the Deolgaon Mahi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

    How to transfer money using IFSC MAHG0006426

    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 MAHG0006426 across all three.

    How to use IFSC MAHG0006426 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Maharashtra Gramin Bank's DEOLGAON MAHI 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).

    1. Log in to your internet banking or mobile banking app.
    2. Choose Add Beneficiary and select NEFT / Other Bank.
    3. Enter the beneficiary name, account number and the IFSC MAHG0006426.
    4. Confirm the bank name auto-populates as Maharashtra Gramin Bank and the branch as DEOLGAON MAHI.
    5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

    Real-Time Gross Settlement to DEOLGAON MAHI

    If you need to transfer ₹2 lakh or more in one go to an account at Maharashtra Gramin Bank's DEOLGAON MAHI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHG0006426 while initiating the transfer and the credit will appear within minutes.

    IMPS to Maharashtra Gramin Bank DEOLGAON MAHI (IFSC MAHG0006426)

    IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHG0006426 in your mobile or internet banking app, and the money is credited to the DEOLGAON MAHI branch account within seconds.

    NEFT vs RTGS vs IMPS — which one should you use?

    All three modes accept the IFSC MAHG0006426 for Maharashtra Gramin Bank – DEOLGAON MAHI, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – MAHG0006426Yes – MAHG0006426Yes – MAHG0006426

    For most retail customers crediting the Deolgaon Mahi 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.

    How UPI relates to the IFSC code

    UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Maharashtra Gramin Bank's DEOLGAON MAHI branch, the IFSC MAHG0006426 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

    That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

    Account types you can open at the Deolgaon Mahi branch

    Once you have an account at Maharashtra Gramin Bank – DEOLGAON MAHI, the IFSC MAHG0006426 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 Deolgaon Mahi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7262-9011746562.

    • 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 MAHG0006426

    Online banking and IFSC MAHG0006426

    Maharashtra Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the DEOLGAON MAHI 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 MAHG0006426 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.

    How to reach the Deolgaon Mahi branch

    The branch is located at C/O SHRIRIKHABCHAND GKOTECHA, AT PO DEULGAON-MAHI, TQ DEULGAON-RAJA DIST BULDHANA - 443206, which puts it inside Buldana, the broader Buldana district, and the state of Maharashtra. To plan your visit:

    1. Open Google Maps on your phone and search for “Maharashtra Gramin Bank Deolgaon Mahi branch” — the verified location pin for IFSC MAHG0006426 should appear at the top of the results.
    2. Confirm the branch is open by calling 7262-9011746562 before stepping out, especially around public holidays.
    3. 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 MAHG0006426 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 – DEOLGAON MAHI:

    • The IFSC is exactly MAHG0006426 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 DEOLGAON MAHI 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.

    Working hours

    Branch counters at Deolgaon Mahi 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 MAHG0006426 continue to work without interruption.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC MAHG0006426 for Maharashtra Gramin Bank – DEOLGAON MAHI, 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 Bank
    Deolgaon Mahi Branch
    C/O SHRIRIKHABCHAND GKOTECHA, AT PO DEULGAON-MAHI, TQ DEULGAON-RAJA DIST BULDHANA - 443206
    Buldana, Maharashtra
    Phone: 7262-9011746562
    IFSC: MAHG0006426

    Frequently asked questions

    Does Maharashtra Gramin Bank Deolgaon Mahi branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 7262-9011746562 to confirm.

    How do I add Maharashtra Gramin Bank Deolgaon Mahi as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0006426, and complete OTP verification. Once activated, you can transfer funds at any time.

    How quickly will an NEFT transfer using MAHG0006426 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Deolgaon Mahi reflect within 30 minutes.

    Is IFSC MAHG0006426 valid for NEFT and RTGS?

    Yes. IFSC MAHG0006426 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.

    Is IFSC MAHG0006426 the same for all accounts at Deolgaon Mahi branch?

    Yes. The IFSC MAHG0006426 is shared by every account held at Maharashtra Gramin Bank's Deolgaon Mahi branch. Only the account number changes from customer to customer.

    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 Deolgaon Mahi branch but serve different purposes.

    Where is Maharashtra Gramin Bank Deolgaon Mahi branch located?

    Maharashtra Gramin Bank's Deolgaon Mahi branch is located at C/O SHRIRIKHABCHAND GKOTECHA, AT PO DEULGAON-MAHI, TQ DEULGAON-RAJA DIST BULDHANA - 443206, Buldana, Maharashtra.

    Summary

    The IFSC code MAHG0006426 belongs to Maharashtra Gramin Bank's DEOLGAON MAHI branch, located at C/O SHRIRIKHABCHAND GKOTECHA, AT PO DEULGAON-MAHI, TQ DEULGAON-RAJA DIST… in BULDANA, 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.

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