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Reserve Bank of India

GANGTOK BRANCH

+913592281117

IFSC CODE
RBIS0GTPA01
MICR Code
Branch Code GTPA01
City / District SIKKIM
State SIKKIM
Office Address 2ND FLOOR, TSEYANG DZONG , AMDO GOLAI , GANGTOK
Phone +913592281117
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Understanding IFSC Code: The Digital DNA of Reserve Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the GANGTOK branch of Reserve Bank of India, the code RBIS0GTPA01 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the RBIS0GTPA01 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"RBIS" represents Reserve Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for GANGTOK

Payment Systems Supported by RBIS0GTPA01

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code——is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Reserve Bank of India in SIKKIM typically follows the RBI holiday calendar. Digital transfers via RBIS0GTPA01 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While RBIS0GTPA01 is the valid code for GANGTOK at SIKKIM, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • GANGTOK Contact
  • • Address of Reserve Bank of India
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  • • SIKKIM Banking Circle

Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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