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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Saurashtra Gramin Bank for its Lakhtar branch in Lakhtar, Surendranagar, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Saurashtra Gramin Bank located in Lakhtar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000235. 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, Lakhtar, Lakhtar
The table below shows the main details of the IFSC Code SGBA0000235 for the Saurashtra Gramin Bank branch in Lakhtar, which falls under the Surendranagar district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000235 |
| Branch | Lakhtar |
| City | Lakhtar |
| District | Surendranagar |
| State | Gujarat |
| Address | Nr.Main Darwaja ,Main Bazar |
These details are important not only for users using online banking but also for businesses and individuals who use Saurashtra Gramin Bank in Lakhtar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SGBA0000235 for the Lakhtar 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, including Saurashtra Gramin Bank located in Lakhtar, Lakhtar, Gujarat, is provided with a unique IFSC like SGBA0000235 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Saurashtra Gramin Bank branch in Lakhtar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Lakhtar and Surendranagar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Saurashtra Gramin Bank in Lakhtar do not get mixed with another location.
Format of the IFSC Code SGBA0000235
The format of the IFSC Code for banks, including Saurashtra Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Saurashtra Gramin Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lakhtar in Lakhtar.
For example, the IFSC Code SGBA0000235 of Saurashtra Gramin Bank for the Lakhtar branch has these elements, identifying the bank and the branch location in Lakhtar and Gujarat correctly.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are looking for the IFSC Code SGBA0000235 of Saurashtra Gramin Bank for its Lakhtar branch located in Lakhtar, 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 Lakhtar and Surendranagar, 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 Lakhtar or Lakhtar to get the exact IFSC Code SGBA0000235.
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 Lakhtar, then it will provide you proper information.
How to Use IFSC Code SGBA0000235 for Online Transfers?
If you have the IFSC Code SGBA0000235 for the Lakhtar branch of Saurashtra Gramin Bank in Lakhtar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000235. 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 SGBA0000235.
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 Lakhtar in Lakhtar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Saurashtra Gramin Bank in Lakhtar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Saurashtra Gramin Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Lakhtar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Lakhtar Lakhtar branch is SGBA0000235.
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 Nr.Main Darwaja ,Main Bazar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
