IFSC Code, MICR Codes for RATNAKAR BANK LIMITED in MADHYA PRADESH - DHAR - DHAR - DHAR

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


IFSC Code

RATN0000151

MICR Code

WAITING

Branch

DHAR

Contact

9833666862

Address

THE RATNAKAR BANK LTDSHOP NUMBER BEARING 21-22 KASHI BAGH DHAR-454001

City

DHAR

District

DHAR

State

MADHYA PRADESH





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

RATN0000151

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.