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MAHARASTRA GRAMIN BANK – PALAM
महाराष्ट्र ग्रामीण बैंक – PALAM शाखा
Parbhani,
PARBHANI,
MAHARASTRA
📢
Bank Update Notice:
As per Govt Notifiation,Maharashtra Gramin Bank & Vidarbha Konkan Gramin Bank have been amalgamated into a single Regional Rural Bank named Maharashtra Gramin Bank , sponsored by Bank of Maharashtra, with its head office at Chhatrapati Sambhajinagar,Maharashtra, effective from 1 May 2025.
शासनाच्या अधिसूचनेनुसार, महाराष्ट्र ग्रामीण बँक आणि विदर्भ कोकण ग्रामीण बँक यांचे विलीनीकरण करून महाराष्ट्र ग्रामीण बँक या एकाच प्रादेशिक ग्रामीण बँकेची स्थापना करण्यात आली आहे. ही बँक बँक ऑफ महाराष्ट्र प्रायोजित असून तिचे मुख्य कार्यालय छत्रपती संभाजीनगर, महाराष्ट्र येथे असेल. ही अंमलबजावणी १ मे २०२५ पासून प्रभावी राहील.
Branch Details & IFSC
IFSC Code / आईएफएससी कोड
MAHG0004234
Bank NameMAHARASTRA GRAMIN BANK
BranchPALAM
AddressPalam Branch, Maharshtra Gramin Bank, At Palam, Tq. Palam, Dist. Parbhani, 431720
City / DistrictParbhani, PARBHANI
StateMAHARASTRA
MICR Code431570681
ContactNot Available
Services
✓ NEFT✓ RTGS✓ IMPS
✅ Use MAHG0004234 for NEFT, RTGS & IMPS transfers.
IFSC Code Breakdown
MAHG
Bank Code
0
Control
004234
Branch Code
The first 4 characters (MAHG) represent MAHARASTRA GRAMIN BANK. The 5th character is always zero (0). The last 6 characters (004234) uniquely identify the PALAM branch.
Branch Quick Facts
Bank Type: Regional Rural Bank (RRB)
State: MAHARASTRA
District: PARBHANI
NEFT: ✅ Supported
RTGS: ✅ Supported
IMPS: ✅ Supported
Transfer Tips
✅ This branch supports RTGS for large transactions (above ₹2 Lakhs).
✅ MICR code 431570681 is available for cheque clearing at this branch.
About MAHG0004234 — MAHARASTRA GRAMIN BANK IFSC Code
What is the IFSC code for MAHARASTRA GRAMIN BANK PALAM?
The IFSC code for the PALAM branch of MAHARASTRA GRAMIN BANK is MAHG0004234. This 11-digit alphanumeric code is assigned by the Reserve Bank of India (RBI) and is absolutely mandatory for conducting online electronic fund transfers via NEFT, RTGS, and IMPS systems.
To ensure a successful bank transfer, verify that the IFSC code exactly matches MAHG0004234 and the recipient's bank account is located at the Parbhani, MAHARASTRA branch.
हिंदी विवरण:MAHG0004234 यह MAHARASTRA GRAMIN BANK की PALAM शाखा का आधिकारिक IFSC कोड है। ऑनलाइन पैसे ट्रांसफर (NEFT, RTGS, IMPS) करने के लिए इस कोड का उपयोग करें।
How to Transfer Money to PALAM Branch
Open your bank's net banking portal or mobile UPI app (like GPay, PhonePe, Paytm).
Select Bank Transfer or NEFT / RTGS / IMPS.
Enter the exact IFSC code: MAHG0004234
Enter the recipient's account number maintained at the PALAM branch.
Verify the recipient name and confirm the transfer. The money will be routed to MAHARASTRA GRAMIN BANK in Parbhani, MAHARASTRA.
Frequently Asked Questions
What is the IFSC code for MAHARASTRA GRAMIN BANK PALAM?+
The IFSC code for MAHARASTRA GRAMIN BANK PALAM is MAHG0004234. This 11-character code is assigned by the RBI and is mandatory for all electronic fund transfers (NEFT, RTGS, IMPS).
Where is the PALAM branch of MAHARASTRA GRAMIN BANK located?+
The PALAM branch is located at: Palam Branch, Maharshtra Gramin Bank, At Palam, Tq. Palam, Dist. Parbhani, 431720, Parbhani, PARBHANI, MAHARASTRA.
Can I use MAHG0004234 for IMPS and NEFT?+
Yes, MAHG0004234 is valid for NEFT, RTGS, and IMPS fund transfers to this branch.
What is the MICR code for this branch?+
The MICR code for the PALAM branch is 431570681. MICR is used primarily for cheque clearing.
Other MAHARASTRA GRAMIN BANK Branches in PARBHANI
Find IFSC codes for nearby branches of MAHARASTRA GRAMIN BANK located in the same district.