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Rajasthan Marudhara Gramin Bank

SARAS CHAURAHA, BHARATPUR BRANCH

IFSC CODE
RMGB0001386
MICR Code
Branch Code 001386
City / District BHARATPUR
State RAJASTHAN
Office Address ROSEVILLA, SARAS CHAURAHA, BHARATPUR, 321001
Phone Not Available
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Rajasthan Marudhara Gramin Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the SARAS CHAURAHA, BHARATPUR branch of Rajasthan Marudhara Gramin Bank, the code RMGB0001386 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 RMGB0001386 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

"RMGB" represents Rajasthan Marudhara Gramin Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for SARAS CHAURAHA, BHARATPUR

Payment Systems Supported by RMGB0001386

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 Rajasthan Marudhara Gramin Bank in BHARATPUR typically follows the RBI holiday calendar. Digital transfers via RMGB0001386 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 RMGB0001386 is the valid code for SARAS CHAURAHA, BHARATPUR at BHARATPUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

  • • SARAS CHAURAHA, BHARATPUR Contact
  • • Address of Rajasthan Marudhara Gramin Bank
  • • MICR Code Finder
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Platform Links

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

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