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Madhyanchal Gramin Bank

Madhyanchal Gramin Bank IMPS BRANCH

IFSC CODE
SBIN0RRMBGB
MICR Code
Branch Code RRMBGB
City / District NA
State MAHARASHTRA
Office Address NA
Phone Not Available
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Madhyanchal Gramin Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Madhyanchal Gramin Bank IMPS branch of Madhyanchal Gramin Bank, the code SBIN0RRMBGB 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 SBIN0RRMBGB 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

"SBIN" represents Madhyanchal Gramin Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Madhyanchal Gramin Bank IMPS

Payment Systems Supported by SBIN0RRMBGB

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 Madhyanchal Gramin Bank in NA typically follows the RBI holiday calendar. Digital transfers via SBIN0RRMBGB 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 SBIN0RRMBGB is the valid code for Madhyanchal Gramin Bank IMPS at NA, 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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Branch Context

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Platform Links

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  • • IFSC Finder v2.0

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