IFSC Code of Rajasthan Gramin Bank, Magra Punjla Branch, Rajasthan

Use this page as a one-stop reference for everything related to Rajasthan Gramin Bank's MAGRA PUNJLA branch in MAGRA PUNJLA, RAJASTHAN. The branch's IFSC code RMGB0000311 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Rajasthan Gramin Bank's MAGRA PUNJLA branch, the IFSC RMGB0000311 breaks down as follows: RMGB identifies the bank, 0 is the reserved character, and 000311 identifies this particular branch.

Bank profile

Rajasthan Gramin Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Magra Punjla branch — IFSC RMGB0000311 — extends the bank's services to customers in and around Magra Punjla, Rajasthan.

Branch details at a glance

Magra Punjla branch overview

Located at BHATI CHOHRAHA,MAGRA PUNJLA, the Magra Punjla branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC RMGB0000311 is required for all interbank electronic transfers routed through this branch.

Why every Rajasthan Gramin Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MAGRA PUNJLA of Rajasthan Gramin Bank — its own 11-character IFSC. The code RMGB0000311 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC RMGB0000311 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Magra Punjla branch

Once you have an account at Rajasthan Gramin Bank – MAGRA PUNJLA, the IFSC RMGB0000311 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Magra Punjla 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 RMGB0000311

How to transfer money using IFSC RMGB0000311

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 RMGB0000311 across all three.

How to use IFSC RMGB0000311 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Rajasthan Gramin Bank's MAGRA PUNJLA 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC RMGB0000311.
4. Confirm the bank name auto-populates as Rajasthan Gramin Bank and the branch as MAGRA PUNJLA.
5. 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 MAGRA PUNJLA

If you need to transfer ₹2 lakh or more in one go to an account at Rajasthan Gramin Bank's MAGRA PUNJLA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC RMGB0000311 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 – MAGRA PUNJLA, use IMPS. With IFSC RMGB0000311 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Magra Punjla

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC RMGB0000311:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at MAGRA PUNJLA is still linked to IFSC RMGB0000311.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC RMGB0000311

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Rajasthan Gramin Bank – MAGRA PUNJLA is still mapped to IFSC RMGB0000311. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC RMGB0000311 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Magra Punjla 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 RMGB0000311 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.

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 RMGB0000311 and the account number together uniquely identify the Magra Punjla branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Rajasthan Gramin Bank – MAGRA PUNJLA:

• The IFSC is exactly RMGB0000311 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Rajasthan Gramin Bank as the bank name and MAGRA PUNJLA as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Magra Punjla branch

The branch is located at BHATI CHOHRAHA,MAGRA PUNJLA, which puts it inside Magra Punjla, the broader Jodhpur district, and the state of Rajasthan. To plan your visit:

1. Open Google Maps on your phone and search for “Rajasthan Gramin Bank Magra Punjla branch” — the verified location pin for IFSC RMGB0000311 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. 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 RMGB0000311 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC RMGB0000311 for Rajasthan Gramin Bank – MAGRA PUNJLA, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Magra Punjla 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 RMGB0000311 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code RMGB0000311 belongs to Rajasthan Gramin Bank's MAGRA PUNJLA branch, located at BHATI CHOHRAHA,MAGRA PUNJLA in MAGRA PUNJLA, RAJASTHAN. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.