Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Rajasthan Gramin Bank, Shobaghpura Branch, Rajasthan

    IFSC code RMGB0000588 - Rajasthan Gramin Bank, Shobaghpura Branch, Shobaghpura, Rajasthan. Use it for NEFT, RTGS and IMPS transfers.

    This page lists the IFSC code, branch address, contact number and fund-transfer information for Rajasthan Gramin Bank, SHOBAGHPURA branch in SHOBAGHPURA. The 11-digit IFSC RMGB0000588 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 SHOBAGHPURA 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.

    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 SHOBAGHPURA branch, the IFSC RMGB0000588 breaks down as follows: RMGB identifies the bank, 0 is the reserved character, and 000588 identifies this particular branch.

    Branch details at a glance

    Bank NameRajasthan Gramin Bank
    BranchShobaghpura
    IFSC CodeRMGB0000588
    MICR CodeRefer to cheque leaf
    Branch AddressVINAYAK PLAZA, SHOP NO. 1 SHOBAGHPURA CIRCLE, SHOBAGHPURA
    CityShobaghpura
    DistrictUdaipur
    StateRajasthan

    About the bank

    Rajasthan Gramin Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Shobaghpura branch in Shobaghpura, Rajasthan is part of this network and uses the IFSC code RMGB0000588 for all electronic settlement.

    About the Shobaghpura branch

    The Shobaghpura branch of Rajasthan Gramin Bank is situated at VINAYAK PLAZA, SHOP NO. 1 SHOBAGHPURA CIRCLE, SHOBAGHPURA. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code RMGB0000588 is used.

    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 SHOBAGHPURA branch came to be assigned the code RMGB0000588.

    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 RMGB0000588, money simply cannot be routed to the SHOBAGHPURA branch electronically.

    How to transfer money using IFSC RMGB0000588

    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 RMGB0000588 across all three.

    NEFT to Rajasthan Gramin Bank, SHOBAGHPURA using IFSC RMGB0000588

    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 RMGB0000588, and confirm that the system picks up Rajasthan Gramin Bank – SHOBAGHPURA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    Real-Time Gross Settlement to SHOBAGHPURA

    If you need to transfer ₹2 lakh or more in one go to an account at Rajasthan Gramin Bank's SHOBAGHPURA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC RMGB0000588 while initiating the transfer and the credit will appear within minutes.

    IMPS to Rajasthan Gramin Bank SHOBAGHPURA (IFSC RMGB0000588)

    IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC RMGB0000588 in your mobile or internet banking app, and the money is credited to the SHOBAGHPURA branch account within seconds.

    NEFT vs RTGS vs IMPS — which one should you use?

    All three modes accept the IFSC RMGB0000588 for Rajasthan Gramin Bank – SHOBAGHPURA, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – RMGB0000588Yes – RMGB0000588Yes – RMGB0000588

    For most retail customers crediting the Shobaghpura 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 SHOBAGHPURA branch, the IFSC RMGB0000588 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.

    Account types you can open at the Shobaghpura branch

    Once you have an account at Rajasthan Gramin Bank – SHOBAGHPURA, the IFSC RMGB0000588 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.

    Banking services available

    The Shobaghpura branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.

    • Savings, current and salary accounts
    • Fixed deposits and recurring deposits
    • Personal, vehicle and home loans
    • Demat and investment products (where supported)
    • Internet banking and mobile banking enrolment
    • Debit and credit card issuance
    • Locker facilities (subject to availability)
    • Foreign exchange services (at authorised branches)
    • Bill payments, demand drafts and pay orders
    • NEFT / RTGS / IMPS / UPI fund transfers using IFSC RMGB0000588

    MICR & cheque-truncation details

    Cheques drawn on the Shobaghpura branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC RMGB0000588 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

    Digital banking channels

    Most day-to-day work that customers used to do at the Shobaghpura 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 RMGB0000588 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 RMGB0000588

    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 – SHOBAGHPURA, 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: RMGB0000588.
    • 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 Shobaghpura branch

    The branch is located at VINAYAK PLAZA, SHOP NO. 1 SHOBAGHPURA CIRCLE, SHOBAGHPURA, which puts it inside Shobaghpura, the broader Udaipur district, and the state of Rajasthan. To plan your visit:

    1. Open Google Maps on your phone and search for “Rajasthan Gramin Bank Shobaghpura branch” — the verified location pin for IFSC RMGB0000588 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 RMGB0000588 and your account number.

    Verifying IFSC RMGB0000588 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 RMGB0000588 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on the branch contact number.
    • 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 Shobaghpura branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC RMGB0000588, however, work 24x7.

    Branch address & contact

    Rajasthan Gramin Bank
    Shobaghpura Branch
    VINAYAK PLAZA, SHOP NO. 1 SHOBAGHPURA CIRCLE, SHOBAGHPURA
    Shobaghpura, Rajasthan
    Phone: the branch contact number
    IFSC: RMGB0000588

    Frequently asked questions

    Is IFSC RMGB0000588 the same for all accounts at Shobaghpura branch?

    Yes. The IFSC RMGB0000588 is shared by every account held at Rajasthan Gramin Bank's Shobaghpura branch. Only the account number changes from customer to customer.

    Where is Rajasthan Gramin Bank Shobaghpura branch located?

    Rajasthan Gramin Bank's Shobaghpura branch is located at VINAYAK PLAZA, SHOP NO. 1 SHOBAGHPURA CIRCLE, SHOBAGHPURA, Shobaghpura, Rajasthan.

    Does Rajasthan Gramin Bank Shobaghpura branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.

    What is the difference between IFSC and MICR code?

    IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Shobaghpura branch but serve different purposes.

    What is the IFSC code of Rajasthan Gramin Bank Shobaghpura branch?

    The IFSC code of Rajasthan Gramin Bank, Shobaghpura branch is RMGB0000588. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    How do I add Rajasthan Gramin Bank Shobaghpura as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC RMGB0000588, and complete OTP verification. Once activated, you can transfer funds at any time.

    How quickly will an NEFT transfer using RMGB0000588 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to Rajasthan Gramin Bank – Shobaghpura reflect within 30 minutes.

    What is the phone number of Rajasthan Gramin Bank Shobaghpura branch?

    You can reach the branch at the branch contact number during regular banking hours.

    Summary

    The IFSC code RMGB0000588 belongs to Rajasthan Gramin Bank's SHOBAGHPURA branch, located at VINAYAK PLAZA, SHOP NO. 1 SHOBAGHPURA CIRCLE, SHOBAGHPURA in SHOBAGHPURA, 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.

    keyboard_arrow_up