Rajasthan Marudhara Gramin Bank Idwa
Idwa · Nagaur, Rajasthan
341348519 is the MICR code for the Idwa branch of Rajasthan Marudhara Gramin Bank, located in Nagaur, Rajasthan. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code RMGB0000341.
Bank
Rajasthan Marudhara Gramin Bank
Branch & Address
Idwa
V P Idwa
Nagaur, Idwa, Rajasthan
MICR Code Structure
341
City
348
Bank
519
Branch
City code 341 identifies the RBI clearing centre, bank code 348 identifies Rajasthan Marudhara Gramin Bank, and branch code 519 identifies this specific branch.
Online Payment Methods Supported
Other Rajasthan Marudhara Gramin Bank branches near Nagaur
Other banks in Nagaur, Rajasthan
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (RMGB0000341) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 341348519 is in the middle, and your account number is on the right.