Maharashtra Gramin Bank — AKOLA BAZAR Branch

How to Use MAHG0007823 for Money Transfers

The IFSC code MAHG0007823 is specifically assigned to the AKOLA BAZAR branch of Maharashtra Gramin Bank located in YAVATMAL, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use MAHG0007823 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use MAHG0007823 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require MAHG0007823 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About Maharashtra Gramin Bank AKOLA BAZAR Branch

The AKOLA BAZAR branch of Maharashtra Gramin Bank is situated in YAVATMAL, MAHARASHTRA. The branch address is AT MANAKSHE COMPLEX, GROUND FLOOR, AKOLABAZAR,TAL DIST YAVATMAL - 445109. This branch supports electronic payment services including NEFT, RTGS, IMPS. You can contact this branch at +919881584205. Always use the IFSC code MAHG0007823 when making any online fund transfer to an account held at this branch.