Below are the complete branch details for Maharashtra Gramin Bank, DEVACHE GOTHANE branch, located in RATNAGIRI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MAHG0007116. 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 MAHG0007116 for Maharashtra Gramin Bank – DEVACHE GOTHANE — 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 – DEVACHE GOTHANE is MAHG0007116. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007116 map to this branch in RATNAGIRI, MAHARASHTRA.
About Maharashtra Gramin Bank
Maharashtra Gramin Bank operates a wide network of branches across India, including the Devache Gothane branch in Ratnagiri. 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, MAHG0007116.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Devache Gothane |
| IFSC Code | MAHG0007116 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GRAM PANCHAYAT, DEVACHE GOTHANE, TAL - RAJAPUR, DIST - RATNAGIRI,PIN-416702 |
| City | Ratnagiri |
| District | Ratnagiri |
| State | Maharashtra |
| STD Code | 2352 |
| Phone | 9422193861 |
Devache Gothane branch overview
Located at GRAM PANCHAYAT, DEVACHE GOTHANE, TAL - RAJAPUR, DIST - RATNAGIRI,PIN-416702, the Devache Gothane branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MAHG0007116 is required for all interbank electronic transfers routed through this branch.
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 DEVACHE GOTHANE branch came to be assigned the code MAHG0007116.
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 MAHG0007116, money simply cannot be routed to the DEVACHE GOTHANE branch electronically.
Products and account variants supported
Every account opened at the Devache Gothane branch is mapped to IFSC MAHG0007116 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 MAHG0007116.
Products and services
Customers walking into the Devache Gothane 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 MAHG0007116
How to transfer money using IFSC MAHG0007116
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 MAHG0007116 across all three.
NEFT to Maharashtra Gramin Bank, DEVACHE GOTHANE using IFSC MAHG0007116
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 MAHG0007116, and confirm that the system picks up Maharashtra Gramin Bank – DEVACHE GOTHANE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to DEVACHE GOTHANE
If you need to transfer ₹2 lakh or more in one go to an account at Maharashtra Gramin Bank's DEVACHE GOTHANE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHG0007116 while initiating the transfer and the credit will appear within minutes.
IMPS to Maharashtra Gramin Bank DEVACHE GOTHANE (IFSC MAHG0007116)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MAHG0007116 in your mobile or internet banking app, and the money is credited to the DEVACHE GOTHANE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Devache Gothane
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 MAHG0007116:
- 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 DEVACHE GOTHANE is still linked to IFSC MAHG0007116.
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.
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 DEVACHE GOTHANE branch, the IFSC MAHG0007116 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.
Online banking and IFSC MAHG0007116
Maharashtra Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the DEVACHE GOTHANE 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 MAHG0007116 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.
MICR & cheque-truncation details
Cheques drawn on the Devache Gothane branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHG0007116 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – DEVACHE GOTHANE:
- The IFSC is exactly MAHG0007116 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 DEVACHE GOTHANE 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.
Reaching the branch
The Devache Gothane branch sits at GRAM PANCHAYAT, DEVACHE GOTHANE, TAL - RAJAPUR, DIST - RATNAGIRI,PIN-416702. If you are travelling from outside Ratnagiri, search for the branch on a maps application using the bank name and locality, or call 2352-9422193861 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 MAHG0007116 and your account number.
Verifying IFSC MAHG0007116 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 MAHG0007116 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2352-9422193861.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Devache Gothane 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 MAHG0007116 continue to work without interruption.
Branch address & contact
Maharashtra Gramin BankDevache Gothane Branch
GRAM PANCHAYAT, DEVACHE GOTHANE, TAL - RAJAPUR, DIST - RATNAGIRI,PIN-416702
Ratnagiri, Maharashtra
Phone: 2352-9422193861
IFSC: MAHG0007116
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 Devache Gothane branch but serve different purposes.
Where is Maharashtra Gramin Bank Devache Gothane branch located?
Maharashtra Gramin Bank's Devache Gothane branch is located at GRAM PANCHAYAT, DEVACHE GOTHANE, TAL - RAJAPUR, DIST - RATNAGIRI,PIN-416702, Ratnagiri, Maharashtra.
How quickly will an NEFT transfer using MAHG0007116 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Devache Gothane reflect within 30 minutes.
Is IFSC MAHG0007116 valid for NEFT and RTGS?
Yes. IFSC MAHG0007116 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Maharashtra Gramin Bank Devache Gothane branch?
The IFSC code of Maharashtra Gramin Bank, Devache Gothane branch is MAHG0007116. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC MAHG0007116 the same for all accounts at Devache Gothane branch?
Yes. The IFSC MAHG0007116 is shared by every account held at Maharashtra Gramin Bank's Devache Gothane branch. Only the account number changes from customer to customer.
Does Maharashtra Gramin Bank Devache Gothane branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2352-9422193861 to confirm.
Final notes
To recap: MAHG0007116 is the IFSC code of Maharashtra Gramin Bank, DEVACHE GOTHANE branch, in RATNAGIRI, 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.
