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 Dwarka branch in Dwarka, 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 Dwarka or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000153. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Saurashtra Gramin Bank, Dwarka, Dwarka
The table below shows the main details of the IFSC Code SGBA0000153 for the Saurashtra Gramin Bank branch in Dwarka, which falls under the Devbhumi Dwarka district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000153 |
| Branch | Dwarka |
| City | Dwarka |
| District | Devbhumi Dwarka |
| State | Gujarat |
| Address | Opp.Guru Pranam Hotel Bhadrakali Road. |
These details are important not only for users using online banking but also for businesses and individuals who use Saurashtra Gramin Bank in Dwarka for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SGBA0000153 for the Dwarka branch of Saurashtra Gramin Bank is vital.
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 Dwarka, Dwarka, Gujarat, are given a unique IFSC like SGBA0000153 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dwarka.
- 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 Dwarka and Devbhumi Dwarka.
- 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 Dwarka 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 SGBA0000153
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 Dwarka in Dwarka.
For example, the IFSC Code SGBA0000153 of Saurashtra Gramin Bank for the Dwarka branch includes these elements, identifying the bank and the branch location in Dwarka and Gujarat correctly.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are trying to find the IFSC Code SGBA0000153 of Saurashtra Gramin Bank for its Dwarka branch located in Dwarka, the following methods can help:
Cheque Book
The cheque books that are issued by Saurashtra Gramin Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Saurashtra Gramin Bank branches in Dwarka and Devbhumi Dwarka, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Saurashtra Gramin Bank and find the branch locator section. Search for Dwarka or Dwarka to get the exact IFSC Code SGBA0000153.
Mobile Banking App
If you use Saurashtra Gramin Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Saurashtra Gramin Bank and Dwarka that will provide accurate information.
How to Use IFSC Code SGBA0000153 for Online Transfers?
If you have the IFSC Code SGBA0000153 for the Dwarka branch of Saurashtra Gramin Bank in Dwarka, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000153. Transfers are processed in batches. 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. Asks for the recipient's account details and Saurashtra Gramin Bank IFSC Code SGBA0000153.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Saurashtra Gramin Bank Dwarka in Dwarka, it may result in delayed or failed transactions.
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 Dwarka, 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 Dwarka manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dwarka Dwarka branch is SGBA0000153.
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.Guru Pranam Hotel Bhadrakali Road..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.