Wednesday, 7 February 2018

RBL Bank IFSC Code Mangalore



Ratnakar Bank Limited
or popularly known as RBL bank is a private scheduled commercial bank which was founded in the year 1943 and is headquartered in Kolhapur, Maharashtra, India. The bank also offers wide range of products and services to the customers with employee strength of over 2798 employees.

Following are the products and services offered by the RBL bank:
  • Savings Account 
  • Fixed Deposit 
  • RBL bank loans 
  • RBL bank NRI banking 
  • RBL bank Internet Banking 
  • Credit Cards 

IFSC Code of RBL Bank, Mangalore

IFSC stands for Indian Financial System Code which is an alphanumeric code that facilitates electronic funds transfers in India. This 11 character code which is assigned by RBI to identify every bank branches uniquely, which are participating in NEFT (National Electronic Fund Transfer) system in India. This code is used by electronic payment system applications such as RTGS (Real Time Gross Settlement).

IFSC Code is 11- digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.

In IFS Code

  • First four characters identify the bank name i.e. RATN
  • The fifth character is always 0
  • And the last character represents the branch address i.e. 000144

[The IFSC Code used in above example is of Light House Hill Road, Mangalore i.e. “RATN0000144”].

Mangalore is an Arabian Sea Port and a major commercial centre in the Indian State of Karnataka. It is situated on the west coast of the country. The Western Ghats span the city of Mangalore on its eastern side. Being the operational headquarters of the Dakshina Kannad district, Mangalore lies on the backwaters formed by the Gurupura River and Netravati River. This South Indian city is popular for its exquisite temples, flourishing industries and beaches.

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