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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Greater Bombay Cooperative Bank Limited for its Kharghar Branch branch in Navi Mumbai, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Greater Bombay Cooperative Bank Limited located in Navi Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code GBCB0000011. 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 The Greater Bombay Cooperative Bank Limited, Kharghar Branch, Navi Mumbai
Here are the key points that are associated with the IFSC Code GBCB0000011 of The Greater Bombay Cooperative Bank Limited for its branch located in Navi Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Greater Bombay Cooperative Bank Limited |
| IFSC Code | GBCB0000011 |
| Branch | Kharghar Branch |
| City | Navi Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Hariom Heritage,Shop No.1 And 2,Ground Floor, Plot No 8,Sector 21,Kharghar,Navi Mumbai 410210 |
These details helps users in online banking and for businesses and individuals who use The Greater Bombay Cooperative Bank Limited in Navi Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GBCB0000011 for the Kharghar Branch branch of The Greater Bombay Cooperative Bank Limited plays a vital 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 The Greater Bombay Cooperative Bank Limited located in Kharghar Branch, Navi Mumbai, Maharashtra, are given a unique IFSC like GBCB0000011 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Navi Mumbai.
- 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 Navi Mumbai 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 helps ensure that any money sent to The Greater Bombay Cooperative Bank Limited in Kharghar Branch goes to the correct branch. This is important because The Greater Bombay Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code GBCB0000011
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): Show the bank code. For The Greater Bombay Cooperative Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kharghar Branch in Navi Mumbai.
For example, the IFSC Code GBCB0000011 of The Greater Bombay Cooperative Bank Limited for the Kharghar Branch branch includes these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra accurately.
How to Find IFSC Code for The Greater Bombay Cooperative Bank Limited?
To find the IFSC Code GBCB0000011 of The Greater Bombay Cooperative Bank Limited for its Kharghar Branch branch located in Navi Mumbai, 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 Navi Mumbai 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 Kharghar Branch or Navi Mumbai to find the exact IFSC Code GBCB0000011.
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 Navi Mumbai will provide accurate information.
How to Use IFSC Code GBCB0000011 for Online Transfers?
Once you have the IFSC Code GBCB0000011 for the Kharghar Branch branch of The Greater Bombay Cooperative Bank Limited in Navi Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GBCB0000011. 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 The Greater Bombay Cooperative Bank Limited IFSC Code GBCB0000011.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Greater Bombay Cooperative Bank Limited Kharghar Branch in Navi Mumbai, 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 The Greater Bombay Cooperative Bank Limited in Kharghar Branch, 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 Navi Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is GBCB0000011.
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 Hariom Heritage,Shop No.1 And 2,Ground Floor, Plot No 8,Sector 21,Kharghar,Navi Mumbai 410210 located in Navi Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.