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National Bank For Agriculture And Rural Development

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT which is located in PLOT C-24, G BLOCK, BANDRA KURLA COMPLEX, BKC ROAD, BANDRA EAST, MUMBAI, MAHARASHTRA 400051 is NBRD0000002.

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT account or to any other bank accounts, Here the first 4 alphabets NBRD indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 000002 indicates the particular branch of NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT in PLOT C-24, G BLOCK, BANDRA KURLA COMPLEX, BKC ROAD, BANDRA EAST, MUMBAI, MAHARASHTRA 400051.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find NAATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT'S IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch > to get the IFSC code or MICR codes for NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

National Bank For Agriculture And Rural Development Branch Details

ABOUT NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT:

NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT was established on 12th of July 1982 under the parliament act of section 61 1981, which was brought to implement the National Bank for Agriculture and Rural Development Act 1981 which was finalized by the Reserve Bank of India. NATIONAL BANK FOR AGRICULTURAL AND RIURAL DEVELOPMENT has developed a huge amount of trust among the customers in the dept of trust capital in the last 3 decades along with the rural communities.

There are a total of 336 district offices of NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT, all the branches of the bank are working effective and in efficient way and the ATM's of NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT is located in the 28 districts.

TYPES OF LOANS PROVIDED BY THE NATIONAL BANK FOR AGRICULTURALAND RURAL DEVELOPMENT:
  • Home loans
  • Car loans
  • Personal loans
  • Used Car Loan
  • Education loans
  • Two wheeler loans
ACHIEVEMENTS OF NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT:

Some of the activities undertaken by NABARD for rural development include:

  • Provision of refinance support
  • Improving rural infrastructure
  • Preparation of credit plans at a district level and encouraging banks to achieve these targets
  • Supervision of Regional Rural Banks (RRBs) and Cooperative Banks
  • Development of sound banking practices within the economically backward sections of India
  • Training artisans to develop handicraft activities and offering them help in marketing their produce
  • The SHG Bank Linkage Project that was developed by NABARD has become one of the most noteworthy micro finance projects at a global level.
  • NABARD has designed the Kisan Credit Card that has benefitted crores of farmers in the country.
  • NABARD takes credit for having financed one-fifth of the rural infrastructure of India.
  • The institution pioneered watershed development for climate proofing.

The total asset value of National Bank for Agricultural and Rural Development is 2000crore rupees which is according to year 2020.

For further details contact or write to National Bank for Agricultural and Rural Development:-
ADDRESS:
Plot No .C-24,
'G' Block,
Bandra - Kurla Complex,
Bandra (East),
Mumbai - 400051.
E-Mail: helpdesknabskill@nabard.org

National Bank For Agriculture And Rural Development Maharashtra Branch IFSC Code