This page lists the IFSC code, branch address, contact number and fund-transfer information for Rajasthan Gramin Bank, BUDADEET branch in BUDADEET. The 11-digit IFSC RMGB0001601 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Rajasthan Gramin Bank at the BUDADEET location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Rajasthan Gramin Bank – BUDADEET is RMGB0001601. The first four letters RMGB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001601 map to this branch in BUDADEET, RAJASTHAN.
Branch details at a glance
| Bank Name | Rajasthan Gramin Bank |
|---|---|
| Branch | Budadeet |
| IFSC Code | RMGB0001601 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BUDHA DEET,TEH.DIGOD |
| City | Budadeet |
| District | Kota |
| State | Rajasthan |
| STD Code | 0 |
| Phone | 0 |
About the bank
Rajasthan Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Budadeet branch in Budadeet, Rajasthan is part of this network and uses the IFSC code RMGB0001601 for all electronic settlement.
About this branch
The branch is located at BUDHA DEET,TEH.DIGOD. It serves the Budadeet region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Rajasthan Gramin Bank. The IFSC RMGB0001601 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Rajasthan Gramin Bank's BUDADEET branch came to be assigned the code RMGB0001601.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC RMGB0001601, money simply cannot be routed to the BUDADEET branch electronically.
How to transfer money using IFSC RMGB0001601
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC RMGB0001601 across all three.
How to use IFSC RMGB0001601 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Rajasthan Gramin Bank's BUDADEET branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC RMGB0001601.
- Confirm the bank name auto-populates as Rajasthan Gramin Bank and the branch as BUDADEET.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to BUDADEET
If you need to transfer ₹2 lakh or more in one go to an account at Rajasthan Gramin Bank's BUDADEET branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC RMGB0001601 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Rajasthan Gramin Bank – BUDADEET, use IMPS. With IFSC RMGB0001601 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC RMGB0001601 for Rajasthan Gramin Bank – BUDADEET, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – RMGB0001601 | Yes – RMGB0001601 | Yes – RMGB0001601 |
For most retail customers crediting the Budadeet branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Rajasthan Gramin Bank's BUDADEET branch, the IFSC RMGB0001601 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Budadeet branch is mapped to IFSC RMGB0001601 on the RBI payments network. The branch generally supports the full retail product catalogue of Rajasthan Gramin Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains RMGB0001601.
Products and services
Customers walking into the Budadeet branch can access most of Rajasthan Gramin Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC RMGB0001601
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Rajasthan Gramin Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC RMGB0001601 and the account number together uniquely identify the Budadeet branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Budadeet branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC RMGB0001601 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC RMGB0001601
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Rajasthan Gramin Bank – BUDADEET, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
RMGB0001601. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Budadeet branch
The branch is located at BUDHA DEET,TEH.DIGOD, which puts it inside Budadeet, the broader Kota district, and the state of Rajasthan. To plan your visit:
- Open Google Maps on your phone and search for “Rajasthan Gramin Bank Budadeet branch” — the verified location pin for IFSC RMGB0001601 should appear at the top of the results.
- Confirm the branch is open by calling 0 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC RMGB0001601 and your account number.
Verifying IFSC RMGB0001601 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm RMGB0001601 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Budadeet are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to RMGB0001601 continue to work without interruption.
Branch address & contact
Rajasthan Gramin BankBudadeet Branch
BUDHA DEET,TEH.DIGOD
Budadeet, Rajasthan
Phone: 0
IFSC: RMGB0001601
Frequently asked questions
What is the phone number of Rajasthan Gramin Bank Budadeet branch?
You can reach the branch at 0 during regular banking hours.
Is IFSC RMGB0001601 the same for all accounts at Budadeet branch?
Yes. The IFSC RMGB0001601 is shared by every account held at Rajasthan Gramin Bank's Budadeet branch. Only the account number changes from customer to customer.
Is IFSC RMGB0001601 valid for NEFT and RTGS?
Yes. IFSC RMGB0001601 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using RMGB0001601 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Rajasthan Gramin Bank – Budadeet reflect within 30 minutes.
What is the IFSC code of Rajasthan Gramin Bank Budadeet branch?
The IFSC code of Rajasthan Gramin Bank, Budadeet branch is RMGB0001601. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Rajasthan Gramin Bank Budadeet as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC RMGB0001601, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC RMGB0001601 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC RMGB0001601 to send funds instantly.
Does Rajasthan Gramin Bank Budadeet branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Final notes
To recap: RMGB0001601 is the IFSC code of Rajasthan Gramin Bank, BUDADEET branch, in BUDADEET, RAJASTHAN. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
