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 Pithad branch in Pithad, Jamnagar, 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 Pithad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000117. 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, Pithad, Pithad
Here are some of the key details that come with the IFSC Code SGBA0000117 of Saurashtra Gramin Bank for its branch located in Pithad, within the district of Jamnagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000117 |
| Branch | Pithad |
| City | Pithad |
| District | Jamnagar |
| State | Gujarat |
| Address | Main Bazar, Pithad, Via Latipar |
These details helps users in online banking and for businesses and individuals who use Saurashtra Gramin Bank in Pithad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000117 for the Pithad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Saurashtra Gramin Bank located in Pithad, Pithad, Gujarat, is provided a unique IFSC like SGBA0000117 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Saurashtra Gramin Bank branch in Pithad.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pithad and Jamnagar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Saurashtra Gramin Bank in Pithad do not get misguided to another person.
Format of the IFSC Code SGBA0000117
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 Pithad in Pithad.
For example, the IFSC Code SGBA0000117 of Saurashtra Gramin Bank for the Pithad branch includes these elements, identifying the bank and the branch location in Pithad and Gujarat correctly.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are trying to find the IFSC Code SGBA0000117 of Saurashtra Gramin Bank for its Pithad branch located in Pithad, 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 Pithad 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 Pithad or Pithad to get the exact IFSC Code SGBA0000117.
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 Pithad, you'll get the correct details.
How to Use IFSC Code SGBA0000117 for Online Transfers?
Once you have the IFSC Code SGBA0000117 for the Pithad branch of Saurashtra Gramin Bank in Pithad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000117. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Saurashtra Gramin Bank IFSC Code SGBA0000117.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Saurashtra Gramin Bank Pithad in Pithad, it can 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 Pithad, 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 Pithad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SGBA0000117.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Bazar, Pithad, Via Latipar located in Pithad, Jamnagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.