IFSC Code of Rajasthan Gramin Bank, Parsneu Branch, Rajasthan

If you are searching for the IFSC code of Rajasthan Gramin Bank, PARSNEU branch in PARSNEU, RAJASTHAN, this page has every detail you need. The verified IFSC code for this branch is RMGB0001079. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PARSNEU branch, and detailed step-by-step guides for using the IFSC RMGB0001079 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, RMGB0001079 is the IFSC of Rajasthan Gramin Bank's PARSNEU branch. The format is fixed: RMGB = bank code, 0 = reserved, 001079 = branch identifier.

About the bank

Rajasthan Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Parsneu branch in Parsneu, Rajasthan is part of this network and uses the IFSC code RMGB0001079 for all electronic settlement.

Branch details at a glance

Parsneu branch overview

Located at PERSNEU,TEH.RATANGARH, the Parsneu branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC RMGB0001079 is required for all interbank electronic transfers routed through this branch.

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 PARSNEU branch came to be assigned the code RMGB0001079.

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 RMGB0001079, money simply cannot be routed to the PARSNEU branch electronically.

Products and account variants supported

Every account opened at the Parsneu branch is mapped to IFSC RMGB0001079 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 RMGB0001079.

Products and services

Customers walking into the Parsneu 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 RMGB0001079

How to transfer money using IFSC RMGB0001079

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 RMGB0001079 across all three.

NEFT to Rajasthan Gramin Bank, PARSNEU using IFSC RMGB0001079

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC RMGB0001079, and confirm that the system picks up Rajasthan Gramin Bank – PARSNEU. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC RMGB0001079

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Rajasthan Gramin Bank – PARSNEU, ensure your bank's portal accepts IFSC RMGB0001079 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Rajasthan Gramin Bank – PARSNEU, use IMPS. With IFSC RMGB0001079 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 RMGB0001079 for Rajasthan Gramin Bank – PARSNEU, 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.

For most retail customers crediting the Parsneu 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.

UPI payments and IFSC RMGB0001079

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 – PARSNEU is still mapped to IFSC RMGB0001079. 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 RMGB0001079 and the beneficiary's account number to complete the transfer.

Online banking and IFSC RMGB0001079

Rajasthan Gramin Bank customers can register for net banking and the bank's official mobile app once their account at the PARSNEU branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC RMGB0001079 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

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 RMGB0001079 and the account number together uniquely identify the Parsneu 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 – PARSNEU:

• The IFSC is exactly RMGB0001079 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 PARSNEU 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.

Reaching the branch

The Parsneu branch sits at PERSNEU,TEH.RATANGARH. If you are travelling from outside Parsneu, search for the branch on a maps application using the bank name and locality, or call 0 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC RMGB0001079 and your account number.

Verifying IFSC RMGB0001079 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 RMGB0001079 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.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Parsneu branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC RMGB0001079, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: RMGB0001079 is the IFSC code of Rajasthan Gramin Bank, PARSNEU branch, in PARSNEU, 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.