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 The Greater Bombay Cooperative Bank Limited for its Bandra Reclamation branch in Bandra, Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Greater Bombay Cooperative Bank Limited located in Bandra or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code GBCB0000018. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Greater Bombay Cooperative Bank Limited, Bandra Reclamation, Bandra
Here are the key points that are associated with the IFSC Code GBCB0000018 of The Greater Bombay Cooperative Bank Limited for its branch located in Bandra, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Greater Bombay Cooperative Bank Limited |
| IFSC Code | GBCB0000018 |
| Branch | Bandra Reclamation |
| City | Bandra |
| District | Mumbai |
| State | Maharashtra |
| Address | Vishwakarma, Gate 1,Opp Lilawati Hospital,Bandra Reclamation, Bandra W |
These details are important not only for users using online banking but also for businesses and individuals who use The Greater Bombay Cooperative Bank Limited in Bandra for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code GBCB0000018 for the Bandra Reclamation branch of The Greater Bombay Cooperative Bank Limited is vital.
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 The Greater Bombay Cooperative Bank Limited located in Bandra Reclamation, Bandra, Maharashtra, are allotted a unique IFSC like GBCB0000018 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bandra.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bandra and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Greater Bombay Cooperative Bank Limited in Bandra Reclamation reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code GBCB0000018
This is the format of the IFSC Code for banks, including The Greater Bombay Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Greater Bombay Cooperative Bank Limited, 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 Bandra Reclamation in Bandra.
For example, the IFSC Code GBCB0000018 of The Greater Bombay Cooperative Bank Limited for the Bandra Reclamation branch includes these elements, identifying the bank and the branch location in Bandra and Maharashtra accurately.
How to Find IFSC Code for The Greater Bombay Cooperative Bank Limited?
If you are trying to find the IFSC Code GBCB0000018 of The Greater Bombay Cooperative Bank Limited for its Bandra Reclamation branch located in Bandra, the following methods can help:
Cheque Book
The cheque book issued by The Greater Bombay Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including The Greater Bombay Cooperative Bank Limited branches in Bandra and Mumbai, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of The Greater Bombay Cooperative Bank Limited and navigate to the branch locator section. Search for Bandra Reclamation or Bandra to get the exact IFSC Code GBCB0000018.
Mobile Banking App
If you use The Greater Bombay Cooperative 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 The Greater Bombay Cooperative Bank Limited and Bandra, you'll get the correct details.
How to Use IFSC Code GBCB0000018 for Online Transfers?
Once you have the IFSC Code GBCB0000018 for the Bandra Reclamation branch of The Greater Bombay Cooperative Bank Limited in Bandra, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GBCB0000018. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 The Greater Bombay Cooperative Bank Limited IFSC Code GBCB0000018.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Greater Bombay Cooperative Bank Limited Bandra Reclamation in Bandra, your payment can get delayed or might not go through at all.
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 The Greater Bombay Cooperative Bank Limited in Bandra Reclamation, 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 The Greater Bombay Cooperative Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Bandra to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bandra Reclamation Bandra branch is GBCB0000018.
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 Vishwakarma, Gate 1,Opp Lilawati Hospital,Bandra Reclamation, Bandra W.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.