What is IFSC Code of Maharashtra Gramin Bank (MGB) Nachanvel Branch in Aurangabad, Maharashtra ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of MGB Bank is provided by RBI. MGB Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code Maharashtra Gramin Bank (MGB) Branch is a unique code for branch. MGB Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
Maharashtra Gramin Bank (MGB) Nachanvel Branch IFSC Code MAHG0005114 & MICR 431570509 Maharashtra State Aurangabad District located MGB Bank Nachanvel Branch Address is AT NACHANVEL TQ DIST AURANGABAD MAHARASHTRA Contact No 239452 MGB Bank Nachanvel email id ifsc code is MAHG0005114 & micr is 431570509
What is SWIFT CODE of MGB Bank Nachanvel Branch in Aurangabad, Maharashtra ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
Maharashtra Gramin Bank (MGB) of Nachanvel Branch IFSC code MAHG0005114, MICR NO 431570509 is in Aurangabad district of Maharashtra State. MGB Bank Customer care email . Maharashtra Gramin Bank (MGB) Customer care phone number Toll Free No 1800 233 2133.
How to use MGB Bank Nachanvel Branch SWIFT, BIC Code in Aurangabad, Maharashtra
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Maharashtra Gramin Bank (MGB) SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of MGB Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for Maharashtra Gramin Bank (MGB) Nachanvel Branch is 431570509. This MICR code 431570509 is used to get bank account details of customer for cheque clearance.
What is MICR No of Maharashtra Gramin Bank (MGB) Nachanvel Branch in Aurangabad, Maharashtra and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Maharashtra Gramin Bank (MGB) Nachanvel MICR No is 431570509 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code MGB Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IFSC code for MGB Bank Nachanvel branch IFSC Code is MAHG0005114. IFSC code is also available at bottom of cheque of MAHARASHTRA GRAMIN BANK (MGB). This code MAHG0005114 is helpful to know NACHANVEL branch details of the MGB Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.