If you are searching for the IFSC code of RBL Bank Limited, BHAVNAGAR branch in BHAVNAGAR, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is RATN0000623. 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 BHAVNAGAR branch, and detailed step-by-step guides for using the IFSC RATN0000623 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.
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 RBL Bank Limited's BHAVNAGAR branch, the IFSC RATN0000623 breaks down as follows: RATN identifies the bank, 0 is the reserved character, and 000623 identifies this particular branch.
About RBL Bank Limited
RBL Bank Limited operates a wide network of branches across India, including the Bhavnagar branch in Bhavnagar. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, RATN0000623.
About this branch
The branch is located at GROUND FLOOR, VICTORIA AKSHAR, OPP. SWAMYNARAYAN MANDIR, BESIDE UNION BANK, WAGHAWADI RD, BHAVNAGAR, GUJARAT 364001.. It serves the Bhavnagar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of RBL Bank Limited. The IFSC RATN0000623 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | RBL Bank Limited |
|---|---|
| Branch | Bhavnagar |
| IFSC Code | RATN0000623 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, VICTORIA AKSHAR, OPP. SWAMYNARAYAN MANDIR, BESIDE UNION BANK, WAGHAWADI RD, BHAVNAGAR, GUJARAT 364001. |
| City | Bhavnagar |
| District | Bhavnagar |
| State | Gujarat |
| STD Code | 0 |
| Phone | 2262327777 |
Why every RBL Bank Limited 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 BHAVNAGAR of RBL Bank Limited — its own 11-character IFSC. The code RATN0000623 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 RATN0000623 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Bhavnagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC RATN0000623 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC RATN0000623
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 RATN0000623 across all three.
NEFT to RBL Bank Limited, BHAVNAGAR using IFSC RATN0000623
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 RATN0000623, and confirm that the system picks up RBL Bank Limited – BHAVNAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC RATN0000623
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 RBL Bank Limited – BHAVNAGAR, ensure your bank's portal accepts IFSC RATN0000623 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to RBL Bank Limited – BHAVNAGAR, use IMPS. With IFSC RATN0000623 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 RATN0000623 for RBL Bank Limited – BHAVNAGAR, 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 – RATN0000623 | Yes – RATN0000623 | Yes – RATN0000623 |
For most retail customers crediting the Bhavnagar 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 RBL Bank Limited's BHAVNAGAR branch, the IFSC RATN0000623 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 Bhavnagar branch
Once you have an account at RBL Bank Limited – BHAVNAGAR, the IFSC RATN0000623 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 Bhavnagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2262327777.
- 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 RATN0000623
Online banking and IFSC RATN0000623
RBL Bank Limited customers can register for net banking and the bank's official mobile app once their account at the BHAVNAGAR 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 RATN0000623 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.
How to reach the Bhavnagar branch
The branch is located at GROUND FLOOR, VICTORIA AKSHAR, OPP. SWAMYNARAYAN MANDIR, BESIDE UNION BANK, WAGHAWADI RD, BHAVNAGAR, GUJARAT 364001., which puts it inside Bhavnagar, the broader Bhavnagar district, and the state of Gujarat. To plan your visit:
- Open Google Maps on your phone and search for “RBL Bank Limited Bhavnagar branch” — the verified location pin for IFSC RATN0000623 should appear at the top of the results.
- Confirm the branch is open by calling 2262327777 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 RATN0000623 and your account number.
Common mistakes to avoid when using IFSC RATN0000623
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 RBL Bank Limited – BHAVNAGAR, 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:
RATN0000623. - 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.
Working hours
Branch counters at Bhavnagar 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 RATN0000623 continue to work without interruption.
Verifying IFSC RATN0000623 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 RATN0000623 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2262327777.
- Visiting the bank's official branch locator page.
Branch address & contact
RBL Bank LimitedBhavnagar Branch
GROUND FLOOR, VICTORIA AKSHAR, OPP. SWAMYNARAYAN MANDIR, BESIDE UNION BANK, WAGHAWADI RD, BHAVNAGAR, GUJARAT 364001.
Bhavnagar, Gujarat
Phone: 2262327777
IFSC: RATN0000623
Frequently asked questions
What is the phone number of RBL Bank Limited Bhavnagar branch?
You can reach the branch at 2262327777 during regular banking hours.
Is IFSC RATN0000623 the same for all accounts at Bhavnagar branch?
Yes. The IFSC RATN0000623 is shared by every account held at RBL Bank Limited's Bhavnagar branch. Only the account number changes from customer to customer.
Where is RBL Bank Limited Bhavnagar branch located?
RBL Bank Limited's Bhavnagar branch is located at GROUND FLOOR, VICTORIA AKSHAR, OPP. SWAMYNARAYAN MANDIR, BESIDE UNION BANK, WAGHAWADI RD, BHAVNAGAR, GUJARAT 364001., Bhavnagar, Gujarat.
Can I use IFSC RATN0000623 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC RATN0000623 to send funds instantly.
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 Bhavnagar branch but serve different purposes.
Does RBL Bank Limited Bhavnagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2262327777 to confirm.
What is the IFSC code of RBL Bank Limited Bhavnagar branch?
The IFSC code of RBL Bank Limited, Bhavnagar branch is RATN0000623. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code RATN0000623 belongs to RBL Bank Limited's BHAVNAGAR branch, located at GROUND FLOOR, VICTORIA AKSHAR, OPP. SWAMYNARAYAN MANDIR, BESIDE UNION BANK,… in BHAVNAGAR, GUJARAT. 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.
