IFSC Code of Smriti Nagrik Sahakari Bank Maryadit, Budha Branch, Madhya Pradesh

This page lists the IFSC code, branch address, contact number and fund-transfer information for Smriti Nagrik Sahakari Bank Maryadit, BUDHA branch in BUDHA. The 11-digit IFSC SMNB0000008 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 Smriti Nagrik Sahakari Bank Maryadit at the BUDHA 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.

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, SMNB0000008 is the IFSC of Smriti Nagrik Sahakari Bank Maryadit's BUDHA branch. The format is fixed: SMNB = bank code, 0 = reserved, 000008 = branch identifier.

About the bank

Smriti Nagrik Sahakari Bank Maryadit serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Budha branch in Budha, Madhya Pradesh is part of this network and uses the IFSC code SMNB0000008 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at TAKARAWAD ROAD,BUDHA BUS STAND,VILL BUDHA TEH.MALHARGARH DIST.MANDSAUR,MADHYA PRADESH 458556. It serves the Budha region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Smriti Nagrik Sahakari Bank Maryadit. The IFSC SMNB0000008 is used to identify this branch on the RBI payments network.

Why every Smriti Nagrik Sahakari Bank Maryadit 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 BUDHA of Smriti Nagrik Sahakari Bank Maryadit — its own 11-character IFSC. The code SMNB0000008 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 SMNB0000008 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Budha branch is mapped to IFSC SMNB0000008 on the RBI payments network. The branch generally supports the full retail product catalogue of Smriti Nagrik Sahakari Bank Maryadit, 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 SMNB0000008.

Banking services available

The Budha branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7423-405623.

• 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 SMNB0000008

How to transfer money using IFSC SMNB0000008

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 SMNB0000008 across all three.

NEFT to Smriti Nagrik Sahakari Bank Maryadit, BUDHA using IFSC SMNB0000008

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 SMNB0000008, and confirm that the system picks up Smriti Nagrik Sahakari Bank Maryadit – BUDHA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SMNB0000008

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 Smriti Nagrik Sahakari Bank Maryadit – BUDHA, ensure your bank's portal accepts IFSC SMNB0000008 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Smriti Nagrik Sahakari Bank Maryadit – BUDHA, use IMPS. With IFSC SMNB0000008 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 SMNB0000008 for Smriti Nagrik Sahakari Bank Maryadit – BUDHA, 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 Budha 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 SMNB0000008

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 Smriti Nagrik Sahakari Bank Maryadit – BUDHA is still mapped to IFSC SMNB0000008. 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 SMNB0000008 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SMNB0000008

Smriti Nagrik Sahakari Bank Maryadit customers can register for net banking and the bank's official mobile app once their account at the BUDHA 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 SMNB0000008 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 Smriti Nagrik Sahakari Bank Maryadit carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SMNB0000008 and the account number together uniquely identify the Budha branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC SMNB0000008

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 Smriti Nagrik Sahakari Bank Maryadit – BUDHA, 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: SMNB0000008.
• 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.

Reaching the branch

The Budha branch sits at TAKARAWAD ROAD,BUDHA BUS STAND,VILL BUDHA TEH.MALHARGARH DIST.MANDSAUR,MADHYA PRADESH 458556. If you are travelling from outside Budha, search for the branch on a maps application using the bank name and locality, or call 7423-405623 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 SMNB0000008 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SMNB0000008 for Smriti Nagrik Sahakari Bank Maryadit – BUDHA, 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 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 Budha branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SMNB0000008, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SMNB0000008 is the IFSC code of Smriti Nagrik Sahakari Bank Maryadit, BUDHA branch, in BUDHA, MADHYA PRADESH. 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.