For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Saurashtra Gramin Bank for its Bhatiya branch in Bhatiya, Devbhumi Dwarka, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Saurashtra Gramin Bank located in Bhatiya or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000150. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Saurashtra Gramin Bank, Bhatiya, Bhatiya
Below in the table are the key details related to IFSC Code SGBA0000150 of Saurashtra Gramin Bank for its branch located in Bhatiya, within the district of Devbhumi Dwarka in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000150 |
| Branch | Bhatiya |
| City | Bhatiya |
| District | Devbhumi Dwarka |
| State | Gujarat |
| Address | Main Bazar, Nr. State Bank Of India, 1St Floor, Opp. Gram Panchayat Bhatiya. |
These details are important not only for users using online banking but also for businesses and individuals who use Saurashtra Gramin Bank in Bhatiya for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SGBA0000150 for the Bhatiya branch of Saurashtra Gramin Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Saurashtra Gramin Bank located in Bhatiya, Bhatiya, Gujarat, is provided a unique IFSC like SGBA0000150 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Saurashtra Gramin Bank branch in Bhatiya.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bhatiya and Devbhumi Dwarka.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Saurashtra Gramin Bank in Bhatiya do not get misguided to another person.
Format of the IFSC Code SGBA0000150
The format of the IFSC Code for banks, including Saurashtra Gramin Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Saurashtra Gramin Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhatiya in Bhatiya.
For example, the IFSC Code SGBA0000150 of Saurashtra Gramin Bank for the Bhatiya branch includes these elements, identifying the bank and the branch location in Bhatiya and Gujarat correctly.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are trying to find the IFSC Code SGBA0000150 of Saurashtra Gramin Bank for its Bhatiya branch located in Bhatiya, the following methods can help:
Cheque Book
The cheque book issued by Saurashtra Gramin Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Saurashtra Gramin Bank branches in Bhatiya and Devbhumi Dwarka, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Saurashtra Gramin Bank and navigate to the branch locator section. Search for Bhatiya or Bhatiya to get the exact IFSC Code SGBA0000150.
Mobile Banking App
If you use Saurashtra Gramin Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Saurashtra Gramin Bank and Bhatiya, you'll get the correct details.
How to Use IFSC Code SGBA0000150 for Online Transfers?
Once you have the IFSC Code SGBA0000150 for the Bhatiya branch of Saurashtra Gramin Bank in Bhatiya, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SGBA0000150. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Saurashtra Gramin Bank IFSC Code SGBA0000150.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Saurashtra Gramin Bank Bhatiya in Bhatiya, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Saurashtra Gramin Bank in Bhatiya, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Saurashtra Gramin Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Bhatiya manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SGBA0000150.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Bazar, Nr. State Bank Of India, 1St Floor, Opp. Gram Panchayat Bhatiya. located in Bhatiya, Devbhumi Dwarka, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.