IFSC Code of Reserve Bank of India, Pad Nagpur Branch, Maharashtra

Use this page as a one-stop reference for everything related to Reserve Bank of India's PAD NAGPUR branch in NAGPUR, MAHARASHTRA. The branch's IFSC code RBIS0NGPA01 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.

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 Reserve Bank of India – PAD NAGPUR is RBIS0NGPA01. The first four letters RBIS are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters NGPA01 map to this branch in NAGPUR, MAHARASHTRA.

About the bank

Reserve Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Pad Nagpur branch in Nagpur, Maharashtra is part of this network and uses the IFSC code RBIS0NGPA01 for all electronic settlement.

About this branch

The branch is located at PAD NAGPUR,NAGPUR. It serves the Nagpur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Reserve Bank of India. The IFSC RBIS0NGPA01 is used to identify this branch on the RBI payments network.

Branch details at a glance

Why every Reserve Bank of India 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 PAD NAGPUR of Reserve Bank of India — its own 11-character IFSC. The code RBIS0NGPA01 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 RBIS0NGPA01 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Reserve Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC RBIS0NGPA01 and the account number together uniquely identify the Pad Nagpur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC RBIS0NGPA01

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 RBIS0NGPA01 across all three.

How to use IFSC RBIS0NGPA01 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Reserve Bank of India's PAD NAGPUR 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 RBIS0NGPA01.
4. Confirm the bank name auto-populates as Reserve Bank of India and the branch as PAD NAGPUR.
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 PAD NAGPUR

If you need to transfer ₹2 lakh or more in one go to an account at Reserve Bank of India's PAD NAGPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC RBIS0NGPA01 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Reserve Bank of India – PAD NAGPUR, use IMPS. With IFSC RBIS0NGPA01 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 Pad Nagpur

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 RBIS0NGPA01:

• 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 PAD NAGPUR is still linked to IFSC RBIS0NGPA01.

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 RBIS0NGPA01

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 Reserve Bank of India – PAD NAGPUR is still mapped to IFSC RBIS0NGPA01. 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 RBIS0NGPA01 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Pad Nagpur branch is mapped to IFSC RBIS0NGPA01 on the RBI payments network. The branch generally supports the full retail product catalogue of Reserve Bank of India, 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 RBIS0NGPA01.

Products and services

Customers walking into the Pad Nagpur branch can access most of Reserve Bank of India'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 RBIS0NGPA01

Online banking and IFSC RBIS0NGPA01

Reserve Bank of India customers can register for net banking and the bank's official mobile app once their account at the PAD NAGPUR 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 RBIS0NGPA01 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 Pad Nagpur branch

The branch is located at PAD NAGPUR,NAGPUR, which puts it inside Nagpur, the broader Nagpur district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Reserve Bank of India Pad Nagpur branch” — the verified location pin for IFSC RBIS0NGPA01 should appear at the top of the results.
2. Confirm the branch is open by calling 712-2806502 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 RBIS0NGPA01 and your account number.

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 Reserve Bank of India – PAD NAGPUR:

• The IFSC is exactly RBIS0NGPA01 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Reserve Bank of India as the bank name and PAD NAGPUR 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.

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 Pad Nagpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC RBIS0NGPA01, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC RBIS0NGPA01 for Reserve Bank of India – PAD NAGPUR, 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.

Branch address & contact

Frequently asked questions

Summary

The IFSC code RBIS0NGPA01 belongs to Reserve Bank of India's PAD NAGPUR branch, located at PAD NAGPUR,NAGPUR in NAGPUR, MAHARASHTRA. 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.