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 Ambedkar Garden Chembur East branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code RATN0000284. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Rbl Bank Limited, Ambedkar Garden Chembur East, Mumbai

Here are some of the key details that come with the IFSC Code RATN0000284 of Rbl Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Rbl Bank Limited
IFSC Code RATN0000284
Branch Ambedkar Garden Chembur East
City Mumbai
District Mumbai
State Maharashtra
Address Samruddhi Plot No 157 18Th Road Near Ambedkar Garden Chembur East Mumbai 400071

These details are crucial, not just for online banking users but also for businesses and individuals who use Rbl Bank Limited in Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RATN0000284 for the Ambedkar Garden Chembur East branch of Rbl Bank Limited has an 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 Ambedkar Garden Chembur East, Mumbai, Maharashtra, is provided a unique IFSC like RATN0000284 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Rbl Bank Limited branch in Mumbai.
  • 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 Mumbai and Mumbai.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Rbl Bank Limited in Ambedkar Garden Chembur East do not get misguided to another person.

Format of the IFSC Code RATN0000284

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): These represent the bank code. In Rbl 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 Ambedkar Garden Chembur East in Mumbai.

For example, the IFSC Code RATN0000284 of Rbl Bank Limited for the Ambedkar Garden Chembur East branch has these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Rbl Bank Limited?

If you are trying to find the IFSC Code RATN0000284 of Rbl Bank Limited for its Ambedkar Garden Chembur East branch located in Mumbai, the following methods can help:

Cheque Book

The cheque book issued by Rbl Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Rbl Bank Limited branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Rbl Bank Limited and navigate to the branch locator section. Search for Ambedkar Garden Chembur East or Mumbai to get the exact IFSC Code RATN0000284.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Rbl Bank Limited and Mumbai, you'll get the correct details.

How to Use IFSC Code RATN0000284 for Online Transfers?

If you have the IFSC Code RATN0000284 for the Ambedkar Garden Chembur East branch of Rbl Bank Limited in Mumbai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code RATN0000284. 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 Rbl Bank Limited IFSC Code RATN0000284.

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 Rbl Bank Limited Ambedkar Garden Chembur East in Mumbai, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Rbl Bank Limited in Ambedkar Garden Chembur East, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Rbl Bank Limited Ambedkar Garden Chembur East Mumbai?

The IFSC Code of the Ambedkar Garden Chembur East Mumbai branch is RATN0000284.

Is IFSC Code RATN0000284 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Rbl Bank Limited Ambedkar Garden Chembur East branch?

The branch is located at Samruddhi Plot No 157 18Th Road Near Ambedkar Garden Chembur East Mumbai 400071.

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.

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