If you are searching for the IFSC code of Maharashtra Gramin Bank, MHAISAL branch in SANGLI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHG0007304. 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 MHAISAL branch, and detailed step-by-step guides for using the IFSC MAHG0007304 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 – MHAISAL is MAHG0007304. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007304 map to this branch in SANGLI, MAHARASHTRA.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Mhaisal |
| IFSC Code | MAHG0007304 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR GRAM PANCHAYAT MHAISAL A.P. MHAISAL, TAL. MIRAJ, DIST. SANGLI PIN - 416409. |
| City | Sangli |
| District | Sangli |
| State | Maharashtra |
| STD Code | 233 |
| Phone | 7798887846 |
About the bank
Maharashtra Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mhaisal branch in Sangli, Maharashtra is part of this network and uses the IFSC code MAHG0007304 for all electronic settlement.
About this branch
The branch is located at NEAR GRAM PANCHAYAT MHAISAL A.P. MHAISAL, TAL. MIRAJ, DIST. SANGLI PIN - 416409.. It serves the Sangli region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Maharashtra Gramin Bank. The IFSC MAHG0007304 is used to identify this branch on the RBI payments network.
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 MHAISAL of Maharashtra Gramin Bank — its own 11-character IFSC. The code MAHG0007304 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 MAHG0007304 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC MAHG0007304
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 MAHG0007304 across all three.
How to use IFSC MAHG0007304 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Maharashtra Gramin Bank's MHAISAL 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC MAHG0007304.
- Confirm the bank name auto-populates as Maharashtra Gramin Bank and the branch as MHAISAL.
- 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 MHAISAL
If you need to transfer ₹2 lakh or more in one go to an account at Maharashtra Gramin Bank's MHAISAL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MAHG0007304 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 – MHAISAL, use IMPS. With IFSC MAHG0007304 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 MAHG0007304 for Maharashtra Gramin Bank – MHAISAL, 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 – MAHG0007304 | Yes – MAHG0007304 | Yes – MAHG0007304 |
For most retail customers crediting the Mhaisal 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 MAHG0007304
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 – MHAISAL is still mapped to IFSC MAHG0007304. 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 MAHG0007304 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mhaisal branch is mapped to IFSC MAHG0007304 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 MAHG0007304.
Banking services available
The Mhaisal branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 233-7798887846.
- 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 MAHG0007304
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 MAHG0007304 and the account number together uniquely identify the Mhaisal branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC MAHG0007304
Maharashtra Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the MHAISAL 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 MAHG0007304 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.
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 – MHAISAL:
- The IFSC is exactly MAHG0007304 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 MHAISAL 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 Mhaisal branch sits at NEAR GRAM PANCHAYAT MHAISAL A.P. MHAISAL, TAL. MIRAJ, DIST. SANGLI PIN - 416409.. If you are travelling from outside Sangli, search for the branch on a maps application using the bank name and locality, or call 233-7798887846 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 MAHG0007304 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHG0007304 for Maharashtra Gramin Bank – MHAISAL, 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.
Working hours
Branch counters at Mhaisal 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 MAHG0007304 continue to work without interruption.
Branch address & contact
Maharashtra Gramin BankMhaisal Branch
NEAR GRAM PANCHAYAT MHAISAL A.P. MHAISAL, TAL. MIRAJ, DIST. SANGLI PIN - 416409.
Sangli, Maharashtra
Phone: 233-7798887846
IFSC: MAHG0007304
Frequently asked questions
How do I add Maharashtra Gramin Bank Mhaisal as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0007304, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Mhaisal branch but serve different purposes.
Is IFSC MAHG0007304 the same for all accounts at Mhaisal branch?
Yes. The IFSC MAHG0007304 is shared by every account held at Maharashtra Gramin Bank's Mhaisal branch. Only the account number changes from customer to customer.
Where is Maharashtra Gramin Bank Mhaisal branch located?
Maharashtra Gramin Bank's Mhaisal branch is located at NEAR GRAM PANCHAYAT MHAISAL A.P. MHAISAL, TAL. MIRAJ, DIST. SANGLI PIN - 416409., Sangli, Maharashtra.
What is the IFSC code of Maharashtra Gramin Bank Mhaisal branch?
The IFSC code of Maharashtra Gramin Bank, Mhaisal branch is MAHG0007304. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC MAHG0007304 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHG0007304 to send funds instantly.
Is IFSC MAHG0007304 valid for NEFT and RTGS?
Yes. IFSC MAHG0007304 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: MAHG0007304 is the IFSC code of Maharashtra Gramin Bank, MHAISAL branch, in SANGLI, 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.
