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 Ran branch in Ran, Devbhumi Dwarka, 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 Ran or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000121. 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, Ran, Ran
Here are the main details that are associated with the IFSC Code SGBA0000121 of Saurashtra Gramin Bank for its branch located in Ran, within the district of Devbhumi Dwarka in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000121 |
| Branch | Ran |
| City | Ran |
| District | Devbhumi Dwarka |
| State | Gujarat |
| Address | Main Bazar, Ran |
These details help users in online banking and for businesses and individuals who use Saurashtra Gramin Bank in Ran for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000121 for the Ran branch of Saurashtra Gramin Bank has a very 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, including Saurashtra Gramin Bank located in Ran, Ran, Gujarat, is provided with a unique IFSC like SGBA0000121 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Saurashtra Gramin Bank branch in Ran.
- 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 Ran and Devbhumi Dwarka.
- 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 Ran do not get mixed with another location.
Format of the IFSC Code SGBA0000121
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 Ran in Ran.
For example, the IFSC Code SGBA0000121 of Saurashtra Gramin Bank for the Ran branch includes these elements, identifying the bank and the branch location in Ran and Gujarat correctly.
How to Find IFSC Code for Saurashtra Gramin Bank?
To find the IFSC Code SGBA0000121 of Saurashtra Gramin Bank for its Ran branch located in Ran, the following methods can help you out:
Cheque Book
The cheque book issued by Saurashtra Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Saurashtra Gramin Bank branches in Ran and Devbhumi Dwarka, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Saurashtra Gramin Bank and go to the branch locator section. Then search for Ran or Ran to find the exact IFSC Code SGBA0000121.
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 maintains an updated database of all IFSC codes. Searching for Saurashtra Gramin Bank and Ran will provide accurate information.
How to Use IFSC Code SGBA0000121 for Online Transfers?
Once you have the IFSC Code SGBA0000121 for the Ran branch of Saurashtra Gramin Bank in Ran, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000121. Transfers are processed in batches. This is 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. Requires the recipient's account details and Saurashtra Gramin Bank IFSC Code SGBA0000121.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Saurashtra Gramin Bank Ran in Ran 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 Ran, 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 Ran manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ran Ran branch is SGBA0000121.
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 Main Bazar, Ran.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.