The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Rajasthan Marudhara Gramin Bank for its Modran branch in Jalore, Modran, Rajasthan, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Rajasthan Marudhara Gramin Bank located in Jalore or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code RMGB0000130. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Rajasthan Marudhara Gramin Bank, Modran, Jalore
Here are the key points that are associated with the IFSC Code RMGB0000130 of Rajasthan Marudhara Gramin Bank for its branch located in Jalore, within the district of Modran in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Rajasthan Marudhara Gramin Bank |
| IFSC Code | RMGB0000130 |
| Branch | Modran |
| City | Jalore |
| District | Modran |
| State | Rajasthan |
| Address | Near Railway Station, Modran |
These details helps users in online banking and for businesses and individuals who use Rajasthan Marudhara Gramin Bank in Jalore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RMGB0000130 for the Modran branch of Rajasthan Marudhara Gramin Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Rajasthan Marudhara Gramin Bank located in Modran, Jalore, Rajasthan, is provided a unique IFSC like RMGB0000130 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Rajasthan Marudhara Gramin Bank branch in Jalore.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jalore and Modran.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Rajasthan Marudhara Gramin Bank in Modran do not get misguided to another person.
Format of the IFSC Code RMGB0000130
The format of the IFSC Code for banks, including Rajasthan Marudhara Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Rajasthan Marudhara Gramin Bank, 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 Modran in Jalore.
For example, the IFSC Code RMGB0000130 of Rajasthan Marudhara Gramin Bank for the Modran branch has these elements, identifying the bank and the branch location in Jalore and Rajasthan correctly.
How to Find IFSC Code for Rajasthan Marudhara Gramin Bank?
If you are looking for the IFSC Code RMGB0000130 of Rajasthan Marudhara Gramin Bank for its Modran branch located in Jalore, the following methods can help:
Cheque Book
The cheque book that is issued by Rajasthan Marudhara Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Rajasthan Marudhara Gramin Bank branches in Jalore and Modran, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Rajasthan Marudhara Gramin Bank and look for the branch locator section, then search for Modran or Jalore to get the exact IFSC Code RMGB0000130.
Mobile Banking App
If you use Rajasthan Marudhara Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Rajasthan Marudhara Gramin Bank and Jalore, then it will provide you proper information.
How to Use IFSC Code RMGB0000130 for Online Transfers?
Once you have the IFSC Code RMGB0000130 for the Modran branch of Rajasthan Marudhara Gramin Bank in Jalore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code RMGB0000130. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Rajasthan Marudhara Gramin Bank IFSC Code RMGB0000130.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Rajasthan Marudhara Gramin Bank Modran in Jalore, it can 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 Rajasthan Marudhara Gramin Bank in Modran, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Rajasthan Marudhara Gramin Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Jalore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is RMGB0000130.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Railway Station, Modran located in Jalore, Modran, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.