Below are the complete branch details for Maharashtra Gramin Bank, SHIROL branch, located in KOLHAPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MAHG0007007. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case MAHG0007007 for Maharashtra Gramin Bank – SHIROL — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 – SHIROL is MAHG0007007. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007007 map to this branch in KOLHAPUR, MAHARASHTRA.
Bank profile
Maharashtra Gramin Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Shirol branch — IFSC MAHG0007007 — extends the bank's services to customers in and around Kolhapur, Maharashtra.
About the Shirol branch
The Shirol branch of Maharashtra Gramin Bank is situated at PUSHPAK THERATRE SHEJARI JAYSINGHPUR NARSEWADI ROAD A.P - SHIROL, TAL - SHIROL, DIST - KOLHAPUR PIN CODE - 416103. 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 MAHG0007007 is used.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Shirol |
| IFSC Code | MAHG0007007 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PUSHPAK THERATRE SHEJARI JAYSINGHPUR NARSEWADI ROAD A.P - SHIROL, TAL - SHIROL, DIST - KOLHAPUR PIN CODE - 416103 |
| City | Kolhapur |
| District | Kolhapur |
| State | Maharashtra |
| STD Code | 231 |
| Phone | 9960889887 |
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 SHIROL of Maharashtra Gramin Bank — its own 11-character IFSC. The code MAHG0007007 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 MAHG0007007 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 Shirol branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHG0007007 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 MAHG0007007
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 MAHG0007007 across all three.
NEFT to Maharashtra Gramin Bank, SHIROL using IFSC MAHG0007007
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 MAHG0007007, and confirm that the system picks up Maharashtra Gramin Bank – SHIROL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHG0007007
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 – SHIROL, ensure your bank's portal accepts IFSC MAHG0007007 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Maharashtra Gramin Bank SHIROL (IFSC MAHG0007007)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHG0007007 in your mobile or internet banking app, and the money is credited to the SHIROL branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHG0007007 for Maharashtra Gramin Bank – SHIROL, 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 – MAHG0007007 | Yes – MAHG0007007 | Yes – MAHG0007007 |
For most retail customers crediting the Shirol 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 SHIROL branch, the IFSC MAHG0007007 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 Shirol branch
Once you have an account at Maharashtra Gramin Bank – SHIROL, the IFSC MAHG0007007 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 Shirol branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 231-9960889887.
- 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 MAHG0007007
Online banking and IFSC MAHG0007007
Maharashtra Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the SHIROL 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 MAHG0007007 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 Shirol branch sits at PUSHPAK THERATRE SHEJARI JAYSINGHPUR NARSEWADI ROAD A.P - SHIROL, TAL - SHIROL, DIST - KOLHAPUR PIN CODE - 416103. If you are travelling from outside Kolhapur, search for the branch on a maps application using the bank name and locality, or call 231-9960889887 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 MAHG0007007 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 – SHIROL:
- The IFSC is exactly MAHG0007007 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 SHIROL 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 Shirol branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHG0007007, however, work 24x7.
Verifying IFSC MAHG0007007 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 MAHG0007007 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 231-9960889887.
- Visiting the bank's official branch locator page.
Branch address & contact
Maharashtra Gramin BankShirol Branch
PUSHPAK THERATRE SHEJARI JAYSINGHPUR NARSEWADI ROAD A.P - SHIROL, TAL - SHIROL, DIST - KOLHAPUR PIN CODE - 416103
Kolhapur, Maharashtra
Phone: 231-9960889887
IFSC: MAHG0007007
Frequently asked questions
What is the IFSC code of Maharashtra Gramin Bank Shirol branch?
The IFSC code of Maharashtra Gramin Bank, Shirol branch is MAHG0007007. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Maharashtra Gramin Bank Shirol branch?
You can reach the branch at 231-9960889887 during regular banking hours.
Does Maharashtra Gramin Bank Shirol branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 231-9960889887 to confirm.
Can I use IFSC MAHG0007007 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHG0007007 to send funds instantly.
Is IFSC MAHG0007007 the same for all accounts at Shirol branch?
Yes. The IFSC MAHG0007007 is shared by every account held at Maharashtra Gramin Bank's Shirol branch. Only the account number changes from customer to customer.
Where is Maharashtra Gramin Bank Shirol branch located?
Maharashtra Gramin Bank's Shirol branch is located at PUSHPAK THERATRE SHEJARI JAYSINGHPUR NARSEWADI ROAD A.P - SHIROL, TAL - SHIROL, DIST - KOLHAPUR PIN CODE - 416103, Kolhapur, Maharashtra.
How quickly will an NEFT transfer using MAHG0007007 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Shirol reflect within 30 minutes.
Summary
The IFSC code MAHG0007007 belongs to Maharashtra Gramin Bank's SHIROL branch, located at PUSHPAK THERATRE SHEJARI JAYSINGHPUR NARSEWADI ROAD A.P - SHIROL, TAL -… in KOLHAPUR, 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.
