IFSC Code, MICR Codes for RATNAKAR BANK LIMITED in KARNATAKA - BELGAUM - SHAMANEWADI - SHAMANEWADI

RATNAKAR BANK LIMITED RTGS HO Branch in SHAMANEWADI - Address, IFSC, MICR Code


IFSC Code

RATN0000027

MICR Code

591176501

Branch

SHAMANEWADI

Contact

8338662046

Address

THE RATNAKAR BANK LTDGRAMSEVA SAHAKARI SANGH BLDG?

City

SHAMANEWADI

District

BELGAUM

State

KARNATAKA





What is IFSC Code of RATNAKAR BANK LIMITED situated at SHAMANEWADI- RTGS-HO?
IFSC Code of RATNAKAR BANK LIMITED situated at SHAMANEWADI - RTGS-HO is

RATN0000027

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.