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Rajarambapu Sahakari Bank

KARMVEER CHOWK SANGLI BRANCH

+912332377711

IFSC CODE
RRBP0000034
MICR Code 416584154
Branch Code 000034
City / District SANGLI
State MAHARASHTRA
Office Address SANGLI,KARMVIR CHOWK,SANGLI416416
Phone +912332377711
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Rajarambapu Sahakari Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the KARMVEER CHOWK SANGLI branch of Rajarambapu Sahakari Bank, the code RRBP0000034 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 RRBP0000034 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

"RRBP" represents Rajarambapu Sahakari Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for KARMVEER CHOWK SANGLI

Payment Systems Supported by RRBP0000034

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—416584154—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 Rajarambapu Sahakari Bank in SANGLI typically follows the RBI holiday calendar. Digital transfers via RRBP0000034 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 RRBP0000034 is the valid code for KARMVEER CHOWK SANGLI at SANGLI, 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

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Platform Links

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  • • IFSC Finder v2.0

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