Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Rajarambapu Sahakari Bank Limited for its Koregaon branch in Sangli, Koregaon, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Rajarambapu Sahakari Bank Limited located in Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code RRBP0000019. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Rajarambapu Sahakari Bank Limited, Koregaon, Sangli

Here are some of the key details that come with the IFSC Code RRBP0000019 of Rajarambapu Sahakari Bank Limited for its branch located in Sangli, within the district of Koregaon in the state of Maharashtra.

Particulars Details
Bank Rajarambapu Sahakari Bank Limited
IFSC Code RRBP0000019
Branch Koregaon
City Sangli
District Koregaon
State Maharashtra
Address A/P.Koregaon Near Hanuman Society Koregaon Tal Walwa Dist Sangli 416302

These details help users in online banking and for businesses and individuals who use Rajarambapu Sahakari Bank Limited in Sangli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RRBP0000019 for the Koregaon branch of Rajarambapu Sahakari Bank Limited has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like RRBP0000019 is given to every bank branch, including Rajarambapu Sahakari Bank Limited located in Koregaon, Sangli, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Rajarambapu Sahakari Bank Limited branch in Sangli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Sangli and Koregaon.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Rajarambapu Sahakari Bank Limited in Koregaon doesn't end up at another location.

Format of the IFSC Code RRBP0000019

The format of the IFSC Code for banks, including Rajarambapu Sahakari Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Rajarambapu Sahakari Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Koregaon in Sangli.

For example, the IFSC Code RRBP0000019 of Rajarambapu Sahakari Bank Limited for the Koregaon branch has these elements, identifying the bank and the branch location in Sangli and Maharashtra correctly.

How to Find IFSC Code for Rajarambapu Sahakari Bank Limited?

If you are trying to find the IFSC Code RRBP0000019 of Rajarambapu Sahakari Bank Limited for its Koregaon branch located in Sangli, the following methods can help:

Cheque Book

The cheque books that are issued by Rajarambapu Sahakari Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Rajarambapu Sahakari Bank Limited branches in Sangli and Koregaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Rajarambapu Sahakari Bank Limited and find the branch locator section. Search for Koregaon or Sangli to get the exact IFSC Code RRBP0000019.

Mobile Banking App

If you use Rajarambapu Sahakari Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Rajarambapu Sahakari Bank Limited and Sangli that will provide accurate information.

How to Use IFSC Code RRBP0000019 for Online Transfers?

If you have the IFSC Code RRBP0000019 for the Koregaon branch of Rajarambapu Sahakari Bank Limited in Sangli, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code RRBP0000019. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Rajarambapu Sahakari Bank Limited IFSC Code RRBP0000019.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Rajarambapu Sahakari Bank Limited Koregaon in Sangli, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Rajarambapu Sahakari Bank Limited in Koregaon, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Rajarambapu Sahakari Bank Limited website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Sangli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Rajarambapu Sahakari Bank Limited in Koregaon, Sangli?

The IFSC Code is RRBP0000019.

Is the IFSC Code RRBP0000019 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Rajarambapu Sahakari Bank Limited Koregaon?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Koregaon branch?

The address of the branch is A/P.Koregaon Near Hanuman Society Koregaon Tal Walwa Dist Sangli 416302 located in Sangli, Koregaon, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.