IFSC Code of Saurashtra Gramin Bank, Moti Banugar, Jamnagar, Gujarat- SGBA0000104

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 Moti Banugar branch in Moti Banugar, 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 Moti Banugar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000104. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Saurashtra Gramin Bank, Moti Banugar, Moti Banugar

Here are the key points that are associated with the IFSC Code SGBA0000104 of Saurashtra Gramin Bank for its branch located in Moti Banugar, within the district of Jamnagar in the state of Gujarat.

These details helps users in online banking and for businesses and individuals who use Saurashtra Gramin Bank in Moti Banugar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000104 for the Moti Banugar branch of Saurashtra Gramin Bank plays a vital 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, including Saurashtra Gramin Bank located in Moti Banugar, Moti Banugar, Gujarat, is provided with a unique IFSC like SGBA0000104 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Saurashtra Gramin Bank branch in Moti Banugar.
• 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 Moti Banugar and Jamnagar.
• 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 Moti Banugar do not get mixed with another location.

Format of the IFSC Code SGBA0000104

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 Moti Banugar in Moti Banugar.

For example, the IFSC Code SGBA0000104 of Saurashtra Gramin Bank for the Moti Banugar branch includes these elements, identifying the bank and the branch location in Moti Banugar and Gujarat accurately.

How to Find IFSC Code for Saurashtra Gramin Bank?

If you are trying to find the IFSC Code SGBA0000104 of Saurashtra Gramin Bank for its Moti Banugar branch located in Moti Banugar, 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 Moti Banugar and Jamnagar, 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 Moti Banugar or Moti Banugar to get the exact IFSC Code SGBA0000104.

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 Moti Banugar, you'll get the correct details.

How to Use IFSC Code SGBA0000104 for Online Transfers?

Once you have the IFSC Code SGBA0000104 for the Moti Banugar branch of Saurashtra Gramin Bank in Moti Banugar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SGBA0000104. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SGBA0000104.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Saurashtra Gramin Bank Moti Banugar in Moti Banugar, your payment can get delayed or might not go through at all.

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 Moti Banugar, 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 Moti Banugar to handle online money transfers and get their cheques cleared smoothly.