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 Tatam branch in Tatam, Botad, 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 Tatam or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SGBA0000265. 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, Tatam, Tatam
Below in the table are the key details related to IFSC Code SGBA0000265 of Saurashtra Gramin Bank for its branch located in Tatam, within the district of Botad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saurashtra Gramin Bank |
| IFSC Code | SGBA0000265 |
| Branch | Tatam |
| City | Tatam |
| District | Botad |
| State | Gujarat |
| Address | Main Bazar, Tatam |
These details are crucial, not just for online banking users but also for businesses and individuals who use Saurashtra Gramin Bank in Tatam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SGBA0000265 for the Tatam 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 Tatam, Tatam, Gujarat, are given a unique IFSC like SGBA0000265 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tatam.
- 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 Tatam and Botad.
- 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 Tatam 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 SGBA0000265
The format of the IFSC Code for banks, including Saurashtra Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Saurashtra Gramin Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tatam in Tatam.
For example, the IFSC Code SGBA0000265 of Saurashtra Gramin Bank for the Tatam branch includes these elements, identifying the bank and the branch location in Tatam and Gujarat accurately.
How to Find IFSC Code for Saurashtra Gramin Bank?
If you are trying to find the IFSC Code SGBA0000265 of Saurashtra Gramin Bank for its Tatam branch located in Tatam, 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 Tatam and Botad, 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 Tatam or Tatam to get the exact IFSC Code SGBA0000265.
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 Tatam, you'll get the correct details.
How to Use IFSC Code SGBA0000265 for Online Transfers?
Once you have the IFSC Code SGBA0000265 for the Tatam branch of Saurashtra Gramin Bank in Tatam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SGBA0000265. 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 SGBA0000265.
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 Tatam in Tatam may 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 Tatam, 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 Tatam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SGBA0000265.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Bazar, Tatam located in Tatam, Botad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.