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 Textile Traders Co-Operative Bank Limited for its New Cloth Market Branch branch in Ahmedabad, Ahmedabad, 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 Textile Traders Co-Operative Bank Limited located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code TTCB0000003. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Textile Traders Co-Operative Bank Limited, New Cloth Market Branch, Ahmedabad
The table below shows the main details of the IFSC Code TTCB0000003 for the Textile Traders Co-Operative Bank Limited branch in Ahmedabad, which falls under the Ahmedabad district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Textile Traders Co-Operative Bank Limited |
| IFSC Code | TTCB0000003 |
| Branch | New Cloth Market Branch |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Shop No 708,New Cloth Market,Opp Kagdapith Police Station,Outside Raipur Gate,Ahmedabad |
These details are essential not only for online banking users but also for businesses and individuals who use Textile Traders Co-Operative Bank Limited in Ahmedabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TTCB0000003 for the New Cloth Market Branch branch of Textile Traders Co-Operative Bank Limited plays 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 Textile Traders Co-Operative Bank Limited located in New Cloth Market Branch, Ahmedabad, Gujarat, are given a unique IFSC like TTCB0000003 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmedabad.
- 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 Ahmedabad and Ahmedabad.
- 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 Textile Traders Co-Operative Bank Limited in New Cloth Market Branch goes to the correct branch. This is important because Textile Traders Co-Operative Bank Limited 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 TTCB0000003
The format of the IFSC Code for banks, including Textile Traders Co-Operative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Textile Traders Co-Operative Bank Limited, 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 New Cloth Market Branch in Ahmedabad.
For example, the IFSC Code TTCB0000003 of Textile Traders Co-Operative Bank Limited for the New Cloth Market Branch branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for Textile Traders Co-Operative Bank Limited?
If you are trying to find the IFSC Code TTCB0000003 of Textile Traders Co-Operative Bank Limited for its New Cloth Market Branch branch located in Ahmedabad, the following methods can help:
Cheque Book
The cheque book issued by Textile Traders Co-Operative Bank Limited 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 Textile Traders Co-Operative Bank Limited branches in Ahmedabad and Ahmedabad, print them on the first page of your passbook.
Bank Website
Visit the official website of Textile Traders Co-Operative Bank Limited and navigate to the branch locator section. Search for New Cloth Market Branch or Ahmedabad to get the exact IFSC Code TTCB0000003.
Mobile Banking App
If you use Textile Traders Co-Operative Bank Limited'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 Textile Traders Co-Operative Bank Limited and Ahmedabad, you'll get the correct details.
How to Use IFSC Code TTCB0000003 for Online Transfers?
If you have the IFSC Code TTCB0000003 for the New Cloth Market Branch branch of Textile Traders Co-Operative Bank Limited in Ahmedabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code TTCB0000003. Transfers are processed in batches. 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. Asks for the recipient's account details and Textile Traders Co-Operative Bank Limited IFSC Code TTCB0000003.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Textile Traders Co-Operative Bank Limited New Cloth Market Branch in Ahmedabad, it may 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 Textile Traders Co-Operative Bank Limited in New Cloth Market Branch, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Textile Traders Co-Operative Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Ahmedabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the New Cloth Market Branch Ahmedabad branch is TTCB0000003.
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 Shop No 708,New Cloth Market,Opp Kagdapith Police Station,Outside Raipur Gate,Ahmedabad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.