IFSC code for Meghalaya Rural Bank, Meghalaya rural bank imps, East khasi hills, Maharashtra
Updated on: Tuesday, April 1, 2025
IFSC CODE
SBIN0RRMEGB
Meghalaya Rural Bank
Meghalaya Rural Bank Imps, Mumbai, Maharashtra
Address
Head Office, M.t.c Building, 2nd Floor, Police Bazar, Shillong793001
Meghalaya Rural Bank
Meghalaya Rural Bank Imps, Mumbai, Maharashtra
Address
Head Office, M.t.c Building, 2nd Floor, Police Bazar, Shillong793001
Bank Details
IFSC Code
SBIN0RRMEGB
MICR Code
793620002
Bank Code
(Based on IFSC)
MERX
Bank Code
(Based on MICR)
620
Contact
NA
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IFSC Code of Meghalaya Rural Bank
Every Meghalaya Rural Bank branch in India has a unique Meghalaya Rural Bank IFSC Code. Meghalaya Rural Bank IFSC Code enables Meghalaya Rural Bank account holders to send and receive money electronically. Meghalaya Rural Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Meghalaya Rural Bank IFSC Code SBIN0RRMEGB
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., SBIN, denotes the name of the bank which is Meghalaya Rural Bank.
The fifth character is 0.
The last six digits of the code, i.e., RRMEGB, represents the branch which is Meghalaya Rural Bank
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MICR Code of Meghalaya Rural Bank
Every Meghalaya Rural Bank branch in India has a unique Meghalaya Rural Bank MICR Code. MICR code for Meghalaya Rural Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Meghalaya Rural Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
