This page lists the IFSC code, branch address, contact number and fund-transfer information for Maharashtra Gramin Bank, PIMPALNER B branch in PIMPALNER B. The 11-digit IFSC MAHG0004532 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 PIMPALNER B 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.
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, MAHG0004532 is the IFSC of Maharashtra Gramin Bank's PIMPALNER B branch. The format is fixed: MAHG = bank code, 0 = reserved, 004532 = branch identifier.
About the bank
Maharashtra Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Pimpalner B branch in Pimpalner B, Maharashtra is part of this network and uses the IFSC code MAHG0004532 for all electronic settlement.
Pimpalner B branch overview
Located at AT PIMPALNER B TQ BEED DIST BEED, the Pimpalner B branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHG0004532 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Pimpalner B |
| IFSC Code | MAHG0004532 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT PIMPALNER B TQ BEED DIST BEED |
| City | Pimpalner B |
| District | Beed |
| State | Maharashtra |
| STD Code | 2441 |
| Phone | 203160 |
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 PIMPALNER B of Maharashtra Gramin Bank — its own 11-character IFSC. The code MAHG0004532 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 MAHG0004532 the same way you would treat your account number — verify it once and save it carefully for future use.
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 MAHG0004532 and the account number together uniquely identify the Pimpalner B branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC MAHG0004532
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 MAHG0004532 across all three.
NEFT to Maharashtra Gramin Bank, PIMPALNER B using IFSC MAHG0004532
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 MAHG0004532, and confirm that the system picks up Maharashtra Gramin Bank – PIMPALNER B. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PIMPALNER B
If you need to transfer ₹2 lakh or more in one go to an account at Maharashtra Gramin Bank's PIMPALNER B branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHG0004532 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Maharashtra Gramin Bank – PIMPALNER B, use IMPS. With IFSC MAHG0004532 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC MAHG0004532 for Maharashtra Gramin Bank – PIMPALNER B, 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 – MAHG0004532 | Yes – MAHG0004532 | Yes – MAHG0004532 |
For most retail customers crediting the Pimpalner B 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 MAHG0004532
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 – PIMPALNER B is still mapped to IFSC MAHG0004532. 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 MAHG0004532 and the beneficiary's account number to complete the transfer.
Account types you can open at the Pimpalner B branch
Once you have an account at Maharashtra Gramin Bank – PIMPALNER B, the IFSC MAHG0004532 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 Pimpalner B branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2441-203160.
- 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 MAHG0004532
Online banking and IFSC MAHG0004532
Maharashtra Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the PIMPALNER B 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 MAHG0004532 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 Pimpalner B branch sits at AT PIMPALNER B TQ BEED DIST BEED. If you are travelling from outside Pimpalner B, search for the branch on a maps application using the bank name and locality, or call 2441-203160 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 MAHG0004532 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 – PIMPALNER B:
- The IFSC is exactly MAHG0004532 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 PIMPALNER B 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 Pimpalner B branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MAHG0004532, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHG0004532 for Maharashtra Gramin Bank – PIMPALNER B, 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 BankPimpalner B Branch
AT PIMPALNER B TQ BEED DIST BEED
Pimpalner B, Maharashtra
Phone: 2441-203160
IFSC: MAHG0004532
Frequently asked questions
How do I add Maharashtra Gramin Bank Pimpalner B as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0004532, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC MAHG0004532 the same for all accounts at Pimpalner B branch?
Yes. The IFSC MAHG0004532 is shared by every account held at Maharashtra Gramin Bank's Pimpalner B branch. Only the account number changes from customer to customer.
What is the phone number of Maharashtra Gramin Bank Pimpalner B branch?
You can reach the branch at 2441-203160 during regular banking hours.
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 Pimpalner B branch but serve different purposes.
How quickly will an NEFT transfer using MAHG0004532 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Pimpalner B reflect within 30 minutes.
Can I use IFSC MAHG0004532 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHG0004532 to send funds instantly.
Is IFSC MAHG0004532 valid for NEFT and RTGS?
Yes. IFSC MAHG0004532 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: MAHG0004532 is the IFSC code of Maharashtra Gramin Bank, PIMPALNER B branch, in PIMPALNER B, 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.


