If you are searching for the IFSC code of Maharashtra Gramin Bank, WADA branch in WADA, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is MAHG0005612. 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 WADA branch, and detailed step-by-step guides for using the IFSC MAHG0005612 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.
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, MAHG0005612 is the IFSC of Maharashtra Gramin Bank's WADA branch. The format is fixed: MAHG = bank code, 0 = reserved, 005612 = branch identifier.
About Maharashtra Gramin Bank
Maharashtra Gramin Bank operates a wide network of branches across India, including the Wada branch in Wada. 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, MAHG0005612.
Branch details at a glance
| Bank Name | Maharashtra Gramin Bank |
|---|---|
| Branch | Wada |
| IFSC Code | MAHG0005612 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT WADA TQ DIST PALGHAR |
| City | Wada |
| District | Palghar |
| State | Maharashtra |
| STD Code | 2526 |
| Phone | 271115 |
About the Wada branch
The Wada branch of Maharashtra Gramin Bank is situated at AT WADA TQ DIST PALGHAR. 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 MAHG0005612 is used.
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 WADA of Maharashtra Gramin Bank — its own 11-character IFSC. The code MAHG0005612 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 MAHG0005612 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Wada branch is mapped to IFSC MAHG0005612 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 MAHG0005612.
Products and services
Customers walking into the Wada 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 MAHG0005612
How to transfer money using IFSC MAHG0005612
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 MAHG0005612 across all three.
NEFT to Maharashtra Gramin Bank, WADA using IFSC MAHG0005612
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 MAHG0005612, and confirm that the system picks up Maharashtra Gramin Bank – WADA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC MAHG0005612
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 – WADA, ensure your bank's portal accepts IFSC MAHG0005612 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Maharashtra Gramin Bank – WADA, use IMPS. With IFSC MAHG0005612 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 MAHG0005612 for Maharashtra Gramin Bank – WADA, 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 – MAHG0005612 | Yes – MAHG0005612 | Yes – MAHG0005612 |
For most retail customers crediting the Wada 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 MAHG0005612
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 – WADA is still mapped to IFSC MAHG0005612. 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 MAHG0005612 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Wada 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 MAHG0005612 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.
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 MAHG0005612 and the account number together uniquely identify the Wada branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – WADA:
- The IFSC is exactly MAHG0005612 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 WADA 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 Wada branch sits at AT WADA TQ DIST PALGHAR. If you are travelling from outside Wada, search for the branch on a maps application using the bank name and locality, or call 2526-271115 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 MAHG0005612 and your account number.
Verifying IFSC MAHG0005612 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 MAHG0005612 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2526-271115.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Wada 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 MAHG0005612 continue to work without interruption.
Branch address & contact
Maharashtra Gramin BankWada Branch
AT WADA TQ DIST PALGHAR
Wada, Maharashtra
Phone: 2526-271115
IFSC: MAHG0005612
Frequently asked questions
What is the IFSC code of Maharashtra Gramin Bank Wada branch?
The IFSC code of Maharashtra Gramin Bank, Wada branch is MAHG0005612. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Maharashtra Gramin Bank Wada branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2526-271115 to confirm.
How quickly will an NEFT transfer using MAHG0005612 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Maharashtra Gramin Bank – Wada reflect within 30 minutes.
What is the phone number of Maharashtra Gramin Bank Wada branch?
You can reach the branch at 2526-271115 during regular banking hours.
Where is Maharashtra Gramin Bank Wada branch located?
Maharashtra Gramin Bank's Wada branch is located at AT WADA TQ DIST PALGHAR, Wada, Maharashtra.
Is IFSC MAHG0005612 the same for all accounts at Wada branch?
Yes. The IFSC MAHG0005612 is shared by every account held at Maharashtra Gramin Bank's Wada branch. Only the account number changes from customer to customer.
How do I add Maharashtra Gramin Bank Wada as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC MAHG0005612, 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 Wada branch but serve different purposes.
Summary
The IFSC code MAHG0005612 belongs to Maharashtra Gramin Bank's WADA branch, located at AT WADA TQ DIST PALGHAR in WADA, 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.
