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Rajasthan Marudhara Gramin Bank · Posaliya

RMGB0000218: Rajasthan Marudhara Gramin Bank, Posaliya

IFSC code RMGB0000218 belongs to the Posaliya branch of Rajasthan Marudhara Gramin Bank in Posaliya, Rajasthan. Its MICR code is 307348299.

IFSC
RMGB0000218
MICR
307348299
Bank
Rajasthan Marudhara Gramin Bank
Branch
Posaliya
District
Posaliya
State
Rajasthan

Branch address

Rajasthan Marudhara Gramin Bank
Near Bus Stand, Posaliya

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPINot markedPayments by UPI ID or mobile number from apps

Reading this IFSC

RMGB is Rajasthan Marudhara Gramin Bank's bank code, the fifth character 0 is kept for future use, and 000218 is the code of the Posaliya branch. In the MICR code 307348299, 307 is the city, 348 the bank and 299 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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Common questions.

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  1. The IFSC of Rajasthan Marudhara Gramin Bank's Posaliya branch (Posaliya, Rajasthan) is RMGB0000218.

  2. 307348299. MICR is printed at the bottom of the branch's cheques.

  3. Near Bus Stand, Posaliya

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC RMGB0000218 with the beneficiary's account number.

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