There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Greater Bombay Cooperative Bank Limited for its Dahisar Branch branch in Dahisar, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Greater Bombay Cooperative Bank Limited situated in Dahisar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code GBCB0000012. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Greater Bombay Cooperative Bank Limited, Dahisar Branch, Dahisar
Below in the table are the key details related to IFSC Code GBCB0000012 of The Greater Bombay Cooperative Bank Limited for its branch located in Dahisar, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Greater Bombay Cooperative Bank Limited |
| IFSC Code | GBCB0000012 |
| Branch | Dahisar Branch |
| City | Dahisar |
| District | Mumbai |
| State | Maharashtra |
| Address | 6, Sheffield, Ground Floor, Opp. Jari Mari Garden, Anand Nagar, Dahisar E |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Greater Bombay Cooperative Bank Limited in Dahisar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GBCB0000012 for the Dahisar Branch branch of The Greater Bombay Cooperative Bank Limited 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, including The Greater Bombay Cooperative Bank Limited located in Dahisar Branch, Dahisar, Maharashtra, is provided with a unique IFSC like GBCB0000012 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Greater Bombay Cooperative Bank Limited branch in Dahisar.
- 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 Dahisar and Mumbai.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Greater Bombay Cooperative Bank Limited in Dahisar Branch do not get mixed with another location.
Format of the IFSC Code GBCB0000012
The format of the IFSC Code for banks, including The Greater Bombay Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In The Greater Bombay Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Dahisar Branch in Dahisar.
For example, the IFSC Code GBCB0000012 of The Greater Bombay Cooperative Bank Limited for the Dahisar Branch branch has these elements, identifying the bank and the branch location in Dahisar and Maharashtra correctly.
How to Find IFSC Code for The Greater Bombay Cooperative Bank Limited?
To find the IFSC Code GBCB0000012 of The Greater Bombay Cooperative Bank Limited for its Dahisar Branch branch located in Dahisar, the following methods can help you out:
Cheque Book
The cheque book issued by The Greater Bombay Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Greater Bombay Cooperative Bank Limited branches in Dahisar and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Greater Bombay Cooperative Bank Limited and go to the branch locator section. Then search for Dahisar Branch or Dahisar to find the exact IFSC Code GBCB0000012.
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 maintains an updated database of all IFSC codes. Searching for The Greater Bombay Cooperative Bank Limited and Dahisar will provide accurate information.
How to Use IFSC Code GBCB0000012 for Online Transfers?
Once you have the IFSC Code GBCB0000012 for the Dahisar Branch branch of The Greater Bombay Cooperative Bank Limited in Dahisar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GBCB0000012. 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 The Greater Bombay Cooperative Bank Limited IFSC Code GBCB0000012.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Greater Bombay Cooperative Bank Limited Dahisar Branch in Dahisar 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 The Greater Bombay Cooperative Bank Limited in Dahisar Branch, 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 The Greater Bombay Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Dahisar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GBCB0000012.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 6, Sheffield, Ground Floor, Opp. Jari Mari Garden, Anand Nagar, Dahisar E located in Dahisar, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.