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 Gavana branch in Gavana, Surendranagar, 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 Gavana or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000245. 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, Gavana, Gavana
The table below shows the main details of the IFSC Code SGBA0000245 for the Saurashtra Gramin Bank branch in Gavana, which falls under the Surendranagar district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000245 |
| Branch | Gavana |
| City | Gavana |
| District | Surendranagar |
| State | Gujarat |
| Address | Main Bazar, Gavana |
These details are crucial, not just for online banking users but also for businesses and individuals who use Saurashtra Gramin Bank in Gavana for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000245 for the Gavana 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 Gavana, Gavana, Gujarat, are given a unique IFSC like SGBA0000245 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gavana.
- 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 Gavana and Surendranagar.
- 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 Gavana 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 SGBA0000245
This is the format of the IFSC Code for banks, including Saurashtra Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Saurashtra Gramin Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Gavana in Gavana.
For example, the IFSC Code SGBA0000245 of Saurashtra Gramin Bank for the Gavana branch includes these elements, identifying the bank and the branch location in Gavana and Gujarat accurately.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are trying to find the IFSC Code SGBA0000245 of Saurashtra Gramin Bank for its Gavana branch located in Gavana, 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 Gavana and Surendranagar, 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 Gavana or Gavana to get the exact IFSC Code SGBA0000245.
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 Gavana, you'll get the correct details.
How to Use IFSC Code SGBA0000245 for Online Transfers?
If you have the IFSC Code SGBA0000245 for the Gavana branch of Saurashtra Gramin Bank in Gavana, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000245. 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 SGBA0000245.
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 Gavana in Gavana, it 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 Gavana, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Gavana manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SGBA0000245.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Main Bazar, Gavana located in Gavana, Surendranagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
