This page lists the IFSC code, branch address, contact number and fund-transfer information for Maharashtra Gramin Bank, MALVAN branch in SINDHUDURG. The 11-digit IFSC MAHG0007214 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 MALVAN 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.
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 – MALVAN is MAHG0007214. The first four letters MAHG are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 007214 map to this branch in SINDHUDURG, MAHARASHTRA.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Malvan |
| IFSC Code | MAHG0007214 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR BHANDARI HIGHSCHOOL SAMOR, BAJAR PETH MALVAN, TAL - MALVAN, DIST - SINDHUDURG,PIN-416606 |
| City | Sindhudurg |
| District | Sindhudurg |
| State | Maharashtra |
| STD Code | 2362 |
| Phone | 9422379097 |
About the bank
Maharashtra Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Malvan branch in Sindhudurg, Maharashtra is part of this network and uses the IFSC code MAHG0007214 for all electronic settlement.
About the Malvan branch
The Malvan branch of Maharashtra Gramin Bank is situated at NEAR BHANDARI HIGHSCHOOL SAMOR, BAJAR PETH MALVAN, TAL - MALVAN, DIST - SINDHUDURG,PIN-416606. 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 MAHG0007214 is used.
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 MALVAN branch came to be assigned the code MAHG0007214.
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 MAHG0007214, money simply cannot be routed to the MALVAN branch electronically.
How to transfer money using IFSC MAHG0007214
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 MAHG0007214 across all three.
NEFT to Maharashtra Gramin Bank, MALVAN using IFSC MAHG0007214
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 MAHG0007214, and confirm that the system picks up Maharashtra Gramin Bank – MALVAN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHG0007214
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 – MALVAN, ensure your bank's portal accepts IFSC MAHG0007214 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Maharashtra Gramin Bank – MALVAN, use IMPS. With IFSC MAHG0007214 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 MAHG0007214 for Maharashtra Gramin Bank – MALVAN, 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 – MAHG0007214 | Yes – MAHG0007214 | Yes – MAHG0007214 |
For most retail customers crediting the Malvan 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 MAHG0007214
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 – MALVAN is still mapped to IFSC MAHG0007214. 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 MAHG0007214 and the beneficiary's account number to complete the transfer.
Account types you can open at the Malvan branch
Once you have an account at Maharashtra Gramin Bank – MALVAN, the IFSC MAHG0007214 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 Malvan branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2362-9422379097.
- 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 MAHG0007214
MICR & cheque-truncation details
Cheques drawn on the Malvan branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MAHG0007214 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Malvan 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 MAHG0007214 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.
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 – MALVAN:
- The IFSC is exactly MAHG0007214 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 MALVAN 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.
How to reach the Malvan branch
The branch is located at NEAR BHANDARI HIGHSCHOOL SAMOR, BAJAR PETH MALVAN, TAL - MALVAN, DIST - SINDHUDURG,PIN-416606, which puts it inside Sindhudurg, the broader Sindhudurg district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Maharashtra Gramin Bank Malvan branch” — the verified location pin for IFSC MAHG0007214 should appear at the top of the results.
- Confirm the branch is open by calling 2362-9422379097 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC MAHG0007214 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC MAHG0007214 for Maharashtra Gramin Bank – MALVAN, 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 Malvan 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 MAHG0007214 continue to work without interruption.
Branch address & contact
Maharashtra Gramin BankMalvan Branch
NEAR BHANDARI HIGHSCHOOL SAMOR, BAJAR PETH MALVAN, TAL - MALVAN, DIST - SINDHUDURG,PIN-416606
Sindhudurg, Maharashtra
Phone: 2362-9422379097
IFSC: MAHG0007214
Frequently asked questions
How do I add Maharashtra Gramin Bank Malvan as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0007214, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC MAHG0007214 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC MAHG0007214 to send funds instantly.
How quickly will an NEFT transfer using MAHG0007214 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Malvan reflect within 30 minutes.
What is the phone number of Maharashtra Gramin Bank Malvan branch?
You can reach the branch at 2362-9422379097 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 Malvan branch but serve different purposes.
Where is Maharashtra Gramin Bank Malvan branch located?
Maharashtra Gramin Bank's Malvan branch is located at NEAR BHANDARI HIGHSCHOOL SAMOR, BAJAR PETH MALVAN, TAL - MALVAN, DIST - SINDHUDURG,PIN-416606, Sindhudurg, Maharashtra.
Does Maharashtra Gramin Bank Malvan branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2362-9422379097 to confirm.
Summary
The IFSC code MAHG0007214 belongs to Maharashtra Gramin Bank's MALVAN branch, located at NEAR BHANDARI HIGHSCHOOL SAMOR, BAJAR PETH MALVAN, TAL - MALVAN, DIST -… in SINDHUDURG, 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.
