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 Makrani Sanosra branch in Makrani Sanosra, Jamnagar, 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 Makrani Sanosra or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000127. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Saurashtra Gramin Bank, Makrani Sanosra, Makrani Sanosra

Here are the key points that are associated with the IFSC Code SGBA0000127 of Saurashtra Gramin Bank for its branch located in Makrani Sanosra, within the district of Jamnagar in the state of Gujarat.

Particulars Details
Bank Saurashtra Gramin Bank
IFSC Code SGBA0000127
Branch Makrani Sanosra
City Makrani Sanosra
District Jamnagar
State Gujarat
Address Main Bazar, Makrani Sanosra

These details are crucial, not just for online banking users but also for businesses and individuals who use Saurashtra Gramin Bank in Makrani Sanosra for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000127 for the Makrani Sanosra 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 Makrani Sanosra, Makrani Sanosra, Gujarat, are given a unique IFSC like SGBA0000127 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Makrani Sanosra.
  • 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 Makrani Sanosra and Jamnagar.
  • 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 Makrani Sanosra 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 SGBA0000127

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 Makrani Sanosra in Makrani Sanosra.

For example, the IFSC Code SGBA0000127 of Saurashtra Gramin Bank for the Makrani Sanosra branch has these elements, identifying the bank and the branch location in Makrani Sanosra and Gujarat correctly.

How to Find IFSC Code for Saurashtra Gramin Bank?

If you are trying to find the IFSC Code SGBA0000127 of Saurashtra Gramin Bank for its Makrani Sanosra branch located in Makrani Sanosra, 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

You can easily find the IFSC and MICR codes because most banks, including Saurashtra Gramin Bank branches in Makrani Sanosra and Jamnagar, print them 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 Makrani Sanosra or Makrani Sanosra to get the exact IFSC Code SGBA0000127.

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 Makrani Sanosra, you'll get the correct details.

How to Use IFSC Code SGBA0000127 for Online Transfers?

If you have the IFSC Code SGBA0000127 for the Makrani Sanosra branch of Saurashtra Gramin Bank in Makrani Sanosra, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SGBA0000127. 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 SGBA0000127.

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 Makrani Sanosra in Makrani Sanosra, 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 Makrani Sanosra, 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 Makrani Sanosra manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Saurashtra Gramin Bank in Makrani Sanosra, Makrani Sanosra?

The IFSC Code is SGBA0000127.

Is the IFSC Code SGBA0000127 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Saurashtra Gramin Bank Makrani Sanosra?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Makrani Sanosra branch?

The address of the branch is Main Bazar, Makrani Sanosra located in Makrani Sanosra, Jamnagar, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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