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 Rbl Bank Limited for its Pipariya branch in Hoshangabad, Hoshangabad, Madhya Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Rbl Bank Limited located in Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code RATN0000123. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Rbl Bank Limited, Pipariya, Hoshangabad
Below in the table are the key details related to IFSC Code RATN0000123 of Rbl Bank Limited for its branch located in Hoshangabad, within the district of Hoshangabad in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Rbl Bank Limited |
| IFSC Code | RATN0000123 |
| Branch | Pipariya |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| Address | The Ratnakar Bank Ltd,Murli Tower, Cement Road, Pipariya,Dist-Hosangabad,Pipariya - 461775 |
These details help users in online banking and for businesses and individuals who use Rbl Bank Limited in Hoshangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RATN0000123 for the Pipariya branch of Rbl Bank Limited has a very important 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 Rbl Bank Limited located in Pipariya, Hoshangabad, Madhya Pradesh, is provided a unique IFSC like RATN0000123 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Rbl Bank Limited branch in Hoshangabad.
- 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 Hoshangabad and Hoshangabad.
- 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Rbl Bank Limited in Pipariya do not get misguided to another person.
Format of the IFSC Code RATN0000123
The format of the IFSC Code for banks, including Rbl Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Rbl Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pipariya in Hoshangabad.
For example, the IFSC Code RATN0000123 of Rbl Bank Limited for the Pipariya branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.
How to Find IFSC Code for Rbl Bank Limited?
If you are looking for the IFSC Code RATN0000123 of Rbl Bank Limited for its Pipariya branch located in Hoshangabad, the following methods can help:
Cheque Book
The cheque book that is issued by Rbl Bank Limited 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 Rbl Bank Limited branches in Hoshangabad and Hoshangabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Rbl Bank Limited and look for the branch locator section, then search for Pipariya or Hoshangabad to get the exact IFSC Code RATN0000123.
Mobile Banking App
If you use Rbl Bank Limited'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 Rbl Bank Limited and Hoshangabad, then it will provide you proper information.
How to Use IFSC Code RATN0000123 for Online Transfers?
Once you have the IFSC Code RATN0000123 for the Pipariya branch of Rbl Bank Limited in Hoshangabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code RATN0000123. Transfers are processed in batches. This is 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. Requires the recipient's account details and Rbl Bank Limited IFSC Code RATN0000123.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Rbl Bank Limited Pipariya in Hoshangabad 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 Rbl Bank Limited in Pipariya, 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 Rbl Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Hoshangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is RATN0000123.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is The Ratnakar Bank Ltd,Murli Tower, Cement Road, Pipariya,Dist-Hosangabad,Pipariya - 461775 located in Hoshangabad, Hoshangabad, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.