What is the beneficiary bank ID RNSB0000001?
The alphanumeric identifier RNSB0000001 serves as a specific Indian Financial System Code (IFSC) assigned to a prominent cooperative or regional scheduled bank branch in India (such as The Rajkot Nagarik Sahakari Bank). This unique 11-character code is mandatory for executing electronic fund transfers through national payment systems like NEFT, RTGS, and IMPS, ensuring that funds route accurately to the correct financial institution and branch destination.
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RNSB Bank typically refers to regional cooperative banks such as The Rajkot Nagarik Sahakari Bank Ltd., which are prominent scheduled cooperative banks operating in India.
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