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IFSC Code of Rbl Bank Limited, Sion East Branch, Mumbai, Maharashtra — RATN0000282

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 Rbl Bank Limited for its Sion East Branch branch in Mumbai, Mumbai, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Rbl Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code RATN0000282. 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 Rbl Bank Limited, Sion East Branch, Mumbai

The table below shows the main details of the IFSC Code RATN0000282 for the Rbl Bank Limited branch in Mumbai, which falls under the Mumbai district in Maharashtra.

Particulars Details
Bank Rbl Bank Limited
IFSC Code RATN0000282
Branch Sion East Branch
City Mumbai
District Mumbai
State Maharashtra
Address Unit No. 1, Ground And First Floor, Regal Heights Chs, Plot No. 268, Road No.31, Sion-Matunga, Estate Scheme No. 6, Sion(East), Mumbai 400022

These details are essential not only for online banking users but also for businesses and individuals who use Rbl Bank Limited in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RATN0000282 for the Sion East Branch branch of Rbl Bank Limited plays an 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 RATN0000282 is given to every bank branch, including Rbl Bank Limited located in Sion East Branch, Mumbai, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Rbl Bank Limited branch in Mumbai.
  • 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 Mumbai and Mumbai.
  • 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 Rbl Bank Limited in Sion East Branch doesn't end up at another location.

Format of the IFSC Code RATN0000282

This is the format of the IFSC Code for banks, including Rbl Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Rbl Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sion East Branch in Mumbai.

For example, the IFSC Code RATN0000282 of Rbl Bank Limited for the Sion East Branch branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Rbl Bank Limited?

If you are trying to find the IFSC Code RATN0000282 of Rbl Bank Limited for its Sion East Branch branch located in Mumbai, the following methods can help:

Cheque Book

The cheque books that are issued by Rbl 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 Rbl Bank Limited branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Rbl Bank Limited and find the branch locator section. Search for Sion East Branch or Mumbai to get the exact IFSC Code RATN0000282.

Mobile Banking App

If you use Rbl 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 Rbl Bank Limited and Mumbai that will provide accurate information.

How to Use IFSC Code RATN0000282 for Online Transfers?

If you have the IFSC Code RATN0000282 for the Sion East Branch 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 RATN0000282. 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 RATN0000282.

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 Sion East Branch in Mumbai, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Rbl Bank Limited in Sion East Branch, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Rbl Bank Limited in Sion East Branch, Mumbai?

The IFSC Code is RATN0000282.

Is the IFSC Code RATN0000282 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 Rbl Bank Limited Sion East Branch?

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 Sion East Branch branch?

The address of the branch is Unit No. 1, Ground And First Floor, Regal Heights Chs, Plot No. 268, Road No.31, Sion-Matunga, Estate Scheme No. 6, Sion(East), Mumbai 400022 located in Mumbai, Mumbai, 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.

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