RATNAKAR BANK LIMITED IFSC Code – MAKRONIA, SAGAR
Complete bank details including IFSC code, MICR code, address and payment facilities for MAKRONIA branch.
Bank Details
| Bank Name | RATNAKAR BANK LIMITED |
| Branch Name | MAKRONIA |
| IFSC Code | RATN0000160 |
| MICR Code | 470176001 |
| Address | GROUND FLOOR,KHASRA NO.174.21,174.23 PATWARI HALKA NO.72,MAKRONIA,MADHYA PRADESH 470001. |
| City | SAGAR |
| State | MADHYA PRADESH |
| Contact | 231488 |
Payment Facilities
About IFSC Code RATN0000160
The IFSC code RATN0000160 uniquely identifies the MAKRONIA branch of RATNAKAR BANK LIMITED located in SAGAR, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code RATN0000160
- First 4 characters (RATN) – Represents RATNAKAR BANK LIMITED bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000160) – Unique branch identifier for MAKRONIA
How to Use IFSC Code RATN0000160
To transfer money to any account at RATNAKAR BANK LIMITED MAKRONIA branch, you will need to provide the IFSC code RATN0000160 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MAKRONIA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About RATNAKAR BANK LIMITED MAKRONIA Branch
RATNAKAR BANK LIMITED MAKRONIA is a branch of RATNAKAR BANK LIMITED located in SAGAR, MADHYA PRADESH. The branch provides comprehensive banking services to customers in SAGAR and surrounding areas.
Branch Address
GROUND FLOOR,KHASRA NO.174.21,174.23 PATWARI HALKA NO.72,MAKRONIA,MADHYA PRADESH 470001., SAGAR, MADHYA PRADESH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 470176001. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of RATNAKAR BANK LIMITED MAKRONIA?
The IFSC code of RATNAKAR BANK LIMITED MAKRONIA branch in SAGAR is RATN0000160.
What is the MICR code of RATNAKAR BANK LIMITED MAKRONIA?
The MICR code of RATNAKAR BANK LIMITED MAKRONIA branch is 470176001.
What is the address of RATNAKAR BANK LIMITED MAKRONIA?
RATNAKAR BANK LIMITED MAKRONIA branch is located at GROUND FLOOR,KHASRA NO.174.21,174.23 PATWARI HALKA NO.72,MAKRONIA,MADHYA PRADESH 470001..
Does RATNAKAR BANK LIMITED MAKRONIA support NEFT/RTGS/IMPS?
RATNAKAR BANK LIMITED MAKRONIA branch supports NEFT, RTGS, IMPS, and UPI transactions.