Rajkot Nagrik Sahakari Bank Limited

The Indian Financial System Code in short denoted as IFSC is used for online payment. RBI has allotted IFSC codes to all the bank branches in India. It is a unique 11-digit code with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account.

For example, we can take the IFSC code: "RNSB0000001" of Rajkot NagarikSahakari Bank Limited branch in Dhebarbhai Road, Rajkot, Gujarat.

• Here, the first four alphabets, RNSB, indicate the bank name, i.e., Rajkot NagarikSahakari Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 000001 - denotes a particular branch of Dhebarbhai Road, Rajkot, Gujarat.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Central Bank of India account or to other bank accounts.

According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Rajkot NagarikSahakari Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Rajkot NagarikSahakari Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank's official website. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

Rajkot Nagrik Sahakari Bank Limited Branch Details

• Gujarat

ABOUT RAJKOT NAGARIK SAHAKARI BANK

• Rajkot NagarikSahakari Bank Limited was established on 5 October 1953. Under the leadership of Late Shri KeshavlalAmrutlal Parekh as Chairman and late Shri JanmashankarAntani as Managing Director with a small capital amount of Rs.4,890 contributed by 59 members. It is a leading co-operative bank, having its headquarters at Rajkot city of Gujarat State in India. The bank is the first co-operative institution to start functioning in the erstwhile state of Saurashtra. It was inaugurated by "SahakarMaharshi" Late Shri VaikunthbhaiMetha.


• The tremendous progress of the bank since its inception has been achieving new heights in banking as well as co-operative sector, becoming the pride of Saurashtra region under the leadership of former Chairman Late Shri ArvindbhaiManiar. For the past few decades, the bank has played a vital & leading role in the development of industries, business & economy in the Rajkot city, development and nursing of co-operative movement in Saurashtra. It has grown manifolds over the years.


• As on 31 March 2019, the membership or shareholders of the bank is inching towards three lakh (2,86,256) which is a record by itself & provides an example of how a mass movement can be turned into the instrument of social upliftment. The bank has more than 720 lakhs deposit accounts with a deposit base of 4,400 crores and 45,000+ establishments individuals any credit facilities of Rs 2,400 crores.


• Since its inception, the bank has been guided by eminent people with foresight & vision, which included names like Shri Keshubhai Patel, Shri VajubhaiVala, Shri Shashikant Mehta, Shri VasantbhaiKhokhani, Shri PravinbhaiManiyar, Shri ShivlalbhaiVekaria etc. Being in the service sector with a vision of current & future trends. The bank started automation & modernization way back in 1997 and by 1995 all the branches were computerized.


• Since in 1988, the bank has enjoyed Scheduled Bank status. In the year 2001 was registered under Multi-State Co-operative Society Act and is a Multi-State Scheduled Co-operative Bank operating in the States of Gujarat and Maharashtra. As on 31 March 2019, the bank is operating with 973 staff and 38 branches (29 branches having their own premises). It earned Rs.72 crores.

ADDRESS:
Rajkot NagarikSahakari Bank Limited,,
AravindbahiManiyarNagarik Sevalay,
150 Feet Ring Road, near Raiya Circle,
Rajkot - 360005, Gujarat, India.