If you are searching for the IFSC code of Maharashtra Gramin Bank, KOND branch in KOND, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHG0004412. 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 KOND branch, and detailed step-by-step guides for using the IFSC MAHG0004412 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.
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 – KOND is MAHG0004412. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 004412 map to this branch in KOND, 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 Kond branch in Kond, Maharashtra is part of this network and uses the IFSC code MAHG0004412 for all electronic settlement.
About the Kond branch
The Kond branch of Maharashtra Gramin Bank is situated at AT KOND TQ OSMANABAD DIST OSMANABAD. 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 MAHG0004412 is used.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Kond |
| IFSC Code | MAHG0004412 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT KOND TQ OSMANABAD DIST OSMANABAD |
| City | Kond |
| District | Osmanabad |
| State | Maharashtra |
| STD Code | 2472 |
| Phone | 243187 |
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 KOND branch came to be assigned the code MAHG0004412.
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 MAHG0004412, money simply cannot be routed to the KOND branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Kond branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHG0004412 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 MAHG0004412
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 MAHG0004412 across all three.
NEFT to Maharashtra Gramin Bank, KOND using IFSC MAHG0004412
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 MAHG0004412, and confirm that the system picks up Maharashtra Gramin Bank – KOND. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to KOND
If you need to transfer ₹2 lakh or more in one go to an account at Maharashtra Gramin Bank's KOND branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHG0004412 while initiating the transfer and the credit will appear within minutes.
IMPS to Maharashtra Gramin Bank KOND (IFSC MAHG0004412)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHG0004412 in your mobile or internet banking app, and the money is credited to the KOND branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHG0004412 for Maharashtra Gramin Bank – KOND, 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 – MAHG0004412 | Yes – MAHG0004412 | Yes – MAHG0004412 |
For most retail customers crediting the Kond 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 KOND branch, the IFSC MAHG0004412 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.
Products and account variants supported
Every account opened at the Kond branch is mapped to IFSC MAHG0004412 on the RBI payments network. The branch generally supports the full retail product catalogue of Maharashtra Gramin Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains MAHG0004412.
Products and services
Customers walking into the Kond 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 MAHG0004412
Digital banking channels
Most day-to-day work that customers used to do at the Kond 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 MAHG0004412 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.
Reaching the branch
The Kond branch sits at AT KOND TQ OSMANABAD DIST OSMANABAD. If you are travelling from outside Kond, search for the branch on a maps application using the bank name and locality, or call 2472-243187 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 MAHG0004412 and your account number.
Common mistakes to avoid when using IFSC MAHG0004412
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 – KOND, 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:
MAHG0004412. - 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.
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 Kond branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHG0004412, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHG0004412 for Maharashtra Gramin Bank – KOND, 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 BankKond Branch
AT KOND TQ OSMANABAD DIST OSMANABAD
Kond, Maharashtra
Phone: 2472-243187
IFSC: MAHG0004412
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 Kond branch but serve different purposes.
How quickly will an NEFT transfer using MAHG0004412 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Kond reflect within 30 minutes.
Does Maharashtra Gramin Bank Kond branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2472-243187 to confirm.
What is the phone number of Maharashtra Gramin Bank Kond branch?
You can reach the branch at 2472-243187 during regular banking hours.
How do I add Maharashtra Gramin Bank Kond as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0004412, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Maharashtra Gramin Bank Kond branch located?
Maharashtra Gramin Bank's Kond branch is located at AT KOND TQ OSMANABAD DIST OSMANABAD, Kond, Maharashtra.
What is the IFSC code of Maharashtra Gramin Bank Kond branch?
The IFSC code of Maharashtra Gramin Bank, Kond branch is MAHG0004412. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code MAHG0004412 belongs to Maharashtra Gramin Bank's KOND branch, located at AT KOND TQ OSMANABAD DIST OSMANABAD in KOND, 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.
