State wise list of Bharatiya Mahila Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
|Bank||BHARATIYA MAHILA BANK|
or Choose State from list below
Bharatiya Mahila Bank provides an excellent platform for customers to transfer money to other bank accounts in India. In order to make NEFT and RTGS transfers, customers require the IFSC code of the beneficiary's branch. The Indian Financial System Code or the IFSC code is a simple alphanumeric code available online at any financial site. An IFSC code is generally assigned to a particular branch of Bharatiya Mahila Bank across India. Fund transfers can be made to any branch, if the specific IFSC code is available. The IFSC code helps users identify the source of the funds and the destination bank. Understanding the IFSC code is simple, the first four characters signify the bank name, in this case, Bharatiya Mahila Bank. The zero in the middle is a control character and is kept for future use. The Reserve Bank of India has allotted specific IFSC codes to specific bank branches in India. These codes also help reduce the risk of errors in a fund transfer, making sure the money reaches the right recipient.
Given below is an example of a Bharatiya Mahila Bank IFSC code:
The Bharatiya Mahila Bank has now merged with the State Bank of India (SBI). This was part of SBI’s recent merger deal with five associate banks, including Bharatiya Mahila Bank, as a result of which the public sector bank changed names and IFSC codes of as many as 1,300 branches.
The IFSC code of Bharatiya Mahila Bank has also been changed. Customers please note that the old IFSC code has already been internally mapped to the new IFSC code, and hence account holders will not have any problems sending or receiving money. IFSC code is mandatory to send or receive money through NEFT, IMPS and RTGS.
Customers will have to apply for new cheque books.
Bharatiya Mahila Bank IFSC and MICR codes are available on cheque leaves issued by the bank to customers. Customers can get IFSC codes from any third-party financial website. BankBazaar provides information related to IFSC codes for Bharatiya Mahila Bank on its web portal. On the main page of BankBazaar, at the bottom, customers can find the Bank IFSC Code link. Once the customer clicks on this link, he will be taken to a page where four dropdowns will be available. Users have to select the bank, state, district and the branch to find the IFSC code for a specific branch. The table that is generated also contains details like MICR code, branch name, address and phone number.
Bharatiya Mahila Bank offers two processes through which customers can make interbank fund transfers to any bank account in India. These facilities are available under the Smart Banking section of the Bharatiya Mahila Bank website. Any Bharatiya Mahila Bank customer can transfer money to any beneficiary across the country using NEFT and RTGS transfers. All RTGS and NEFT transfers can be done on secure platforms, as per RBI regulations.
National Electronic Funds Transfer (NEFT):
Working based on Deferred Net Settlement, NEFT transactions are settled in batches at specific times by Bharatiya Mahila Bank. The NEFT fund settlements are done from 9.00 am to 7.00 pm during weekdays and as five batches from 9.00 am to 1.00 pm on Saturdays. Bharatiya Mahila Bank does not have any minimum or maximum limit for NEFT transactions. The money will be credited to the beneficiary on the same day or within the next working day.
Real Time Gross Settlement System (RTGS):
Real Time Gross Settlement System (RTGS) offers real time money transfers to Bharatiya Mahila Bank customers. The settlement of funds are done by taking one instruction at a time and is one of the fastest modes of transfers available. The minimum amount that has to be transferred through RTGS is Rs. 2 lakhs and Bharatiya Mahila Bank does not impose any maximum limit. Once the funds have been received by the beneficiary's bank, the amount will be credited to the beneficiary's account within a period of two hours.
While making a NEFT or RTGS transaction with Bharatiya Mahila Bank, customers need to provide the below given information -
The Bharatiya Mahila Bank was launched in 2013 and has established itself across the country with 81 branches. Bharatiya Mahila Bank primarily focuses on economically weaker and discriminated women across the country. The banking portfolio of Bharatiya Mahila Bank has been designed to accommodate the requirements of women entrepreneurs, self-help groups, HNIs, salaried women working in corporates and in the public sector. Bharatiya Mahila Bank has been involved in conducting skill development, training and literacy programs for women to make them efficient and self-sustained. The bank has introduced BMB SmartBanking, SMS banking services and in the future, plans to include launch Mobile Banking services.