Question 1

How can I verify the IFSC code of Maharashtra Gramin Bank Basmat branch?

Accepted Answer

IFSC MAHG0004217 identifies the Maharashtra Gramin Bank branch at Basmat in Basmat, Hingoli district. This branch serves customers in Basmat and surrounding areas of Hingoli district. Always verify the IFSC MAHG0004217 before initiating online transactions to ensure funds reach the correct branch.

Question 2

What payment methods work with Basmat IFSC code?

Accepted Answer

To send money to Maharashtra Gramin Bank Basmat, use IFSC MAHG0004217 in your NEFT, RTGS, and IMPS transaction form. This branch participates in the National Electronic Funds Transfer system, enabling 24/7 online transactions. For other branches in Hingoli, visit our district branch locator.

Question 3

What types of accounts can I open at Basmat?

Accepted Answer

Customers at Basmat can access savings and current accounts, fixed deposits, loan services, and digital banking facilities. This full-service branch is equipped with modern banking infrastructure and trained staff to assist with all your financial needs. For specific product inquiries, contact the branch directly or explore digital banking options.

Question 4

How do I use the MICR code 431570659 for cheque clearing?

Accepted Answer

For cheque-based transactions at Basmat, the MICR code is 431570659. While IFSC MAHG0004217 is used for electronic fund transfers, the MICR code 431570659 appears on cheque leaves for magnetic character recognition. For digital transactions, always use IFSC MAHG0004217; reserve MICR for physical cheque instruments only.

Question 5

Is the IFSC code MAHG0004217 still active and operational?

Accepted Answer

Always validate IFSC code MAHG0004217 through official Maharashtra Gramin Bank channels or RBI-authorized directories before transactions. Our database is sourced from Reserve Bank of India records and was last updated on February 2026, ensuring accuracy and reliability. You can also verify through Maharashtra Gramin Bank's official website or mobile banking app before initiating transactions.

MAHG0004217 - Basmat Maharashtra Gramin Bank IFSC Code Basmat

Full Branch Details for MAHG0004217

IFSC Format Breakdown

MICR Code Details

Branch Contact & Location Details

How to Use MAHG0004217 for Bank Transfers (NEFT/RTGS/IMPS/UPI)

Step-by-Step: How to Transfer Money Using This IFSC Code

Frequently Asked Questions – Basmat Branch, Basmat

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Nearby Maharashtra Gramin Bank Branches in Basmat

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