Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Saurashtra Gramin Bank for its Chakkargadh Road branch in Chakkargadh Road, Amreli, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Saurashtra Gramin Bank located in Chakkargadh Road or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000367. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Saurashtra Gramin Bank, Chakkargadh Road, Chakkargadh Road
Here are some of the key details that come with the IFSC Code SGBA0000367 of Saurashtra Gramin Bank for its branch located in Chakkargadh Road, within the district of Amreli in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000367 |
| Branch | Chakkargadh Road |
| City | Chakkargadh Road |
| District | Amreli |
| State | Gujarat |
| Address | Opp.Jayshree Mariage Holl,Sardar Chowk |
These details are crucial, not just for online banking users but also for businesses and individuals who use Saurashtra Gramin Bank in Chakkargadh Road for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000367 for the Chakkargadh Road branch of Saurashtra Gramin Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Saurashtra Gramin Bank located in Chakkargadh Road, Chakkargadh Road, Gujarat, are given a unique IFSC like SGBA0000367 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chakkargadh Road.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Chakkargadh Road and Amreli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Saurashtra Gramin Bank in Chakkargadh Road goes to the correct branch. This is important because Saurashtra Gramin Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SGBA0000367
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 Chakkargadh Road in Chakkargadh Road.
For example, the IFSC Code SGBA0000367 of Saurashtra Gramin Bank for the Chakkargadh Road branch includes these elements, identifying the bank and the branch location in Chakkargadh Road and Gujarat correctly.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are looking for the IFSC Code SGBA0000367 of Saurashtra Gramin Bank for its Chakkargadh Road branch located in Chakkargadh Road, the following methods can help:
Cheque Book
The cheque book that is issued by Saurashtra Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Saurashtra Gramin Bank branches in Chakkargadh Road and Amreli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Saurashtra Gramin Bank and look for the branch locator section, then search for Chakkargadh Road or Chakkargadh Road to get the exact IFSC Code SGBA0000367.
Mobile Banking App
If you use Saurashtra Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Saurashtra Gramin Bank and Chakkargadh Road, then it will provide you proper information.
How to Use IFSC Code SGBA0000367 for Online Transfers?
Once you have the IFSC Code SGBA0000367 for the Chakkargadh Road branch of Saurashtra Gramin Bank in Chakkargadh Road, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000367. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 SGBA0000367.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Saurashtra Gramin Bank Chakkargadh Road in Chakkargadh Road may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Saurashtra Gramin Bank in Chakkargadh Road, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Chakkargadh Road to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chakkargadh Road Chakkargadh Road branch is SGBA0000367.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Opp.Jayshree Mariage Holl,Sardar Chowk.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.