IFSC Code of Saurashtra Gramin Bank, Shapar Veraval, Rajkot, Gujarat — SGBA0000194

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Saurashtra Gramin Bank for its Shapar Veraval branch in Shapar Veraval, Rajkot, Gujarat, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Saurashtra Gramin Bank located in Shapar Veraval or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000194. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Saurashtra Gramin Bank, Shapar Veraval, Shapar Veraval

The table below shows the main details of the IFSC Code SGBA0000194 for the Saurashtra Gramin Bank branch in Shapar Veraval, which falls under the Rajkot district in Gujarat.

These details are essential not only for online banking users but also for businesses and individuals who use Saurashtra Gramin Bank in Shapar Veraval for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000194 for the Shapar Veraval branch of Saurashtra Gramin Bank plays an important 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 Shapar Veraval, Shapar Veraval, Gujarat, is provided a unique IFSC like SGBA0000194 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Saurashtra Gramin Bank branch in Shapar Veraval.
• 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 Shapar Veraval and Rajkot.
• 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 Shapar Veraval do not get misguided to another person.

Format of the IFSC Code SGBA0000194

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 Shapar Veraval in Shapar Veraval.

For example, the IFSC Code SGBA0000194 of Saurashtra Gramin Bank for the Shapar Veraval branch includes these elements, identifying the bank and the branch location in Shapar Veraval and Gujarat accurately.

How to Find IFSC Code for Saurashtra Gramin Bank?

If you are looking for the IFSC Code SGBA0000194 of Saurashtra Gramin Bank for its Shapar Veraval branch located in Shapar Veraval, 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 Shapar Veraval and Rajkot, 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 Shapar Veraval or Shapar Veraval to get the exact IFSC Code SGBA0000194.

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 Shapar Veraval, then it will provide you proper information.

How to Use IFSC Code SGBA0000194 for Online Transfers?

Once you have the IFSC Code SGBA0000194 for the Shapar Veraval branch of Saurashtra Gramin Bank in Shapar Veraval, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SGBA0000194. 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 SGBA0000194.

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 Shapar Veraval in Shapar Veraval, it can result in delayed or failed transactions.

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 Shapar Veraval, 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 Shapar Veraval to handle online money transfers and get their cheques cleared smoothly.