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 Mira Road Branch branch in Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code GBCB0000023. 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, Mira Road Branch, Thane
Here are the key points that are associated with the IFSC Code GBCB0000023 of The Greater Bombay Cooperative Bank Limited for its branch located in Thane, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Greater Bombay Cooperative Bank Limited |
| IFSC Code | GBCB0000023 |
| Branch | Mira Road Branch |
| City | Thane |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground Flr,Nirmal Nagar Chsl,Saibaba Nagar,Mira Bhayandar Road,Mira Road East,Thane 401107 |
These details help users in online banking and for businesses and individuals who use The Greater Bombay Cooperative Bank Limited in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GBCB0000023 for the Mira Road Branch branch of The Greater Bombay Cooperative Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including The Greater Bombay Cooperative Bank Limited located in Mira Road Branch, Thane, Maharashtra, is provided a unique IFSC like GBCB0000023 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Greater Bombay Cooperative Bank Limited branch in Thane.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Thane and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Greater Bombay Cooperative Bank Limited in Mira Road Branch do not get misguided to another person.
Format of the IFSC Code GBCB0000023
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 of this:
- First 4 characters (AAAA): Represent the bank code. For The Greater Bombay Cooperative 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 Mira Road Branch in Thane.
For example, the IFSC Code GBCB0000023 of The Greater Bombay Cooperative Bank Limited for the Mira Road Branch branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for The Greater Bombay Cooperative Bank Limited?
If you are looking for the IFSC Code GBCB0000023 of The Greater Bombay Cooperative Bank Limited for its Mira Road Branch branch located in Thane, the following methods can help:
Cheque Book
The cheque book that is issued by The Greater Bombay Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Greater Bombay Cooperative Bank Limited branches in Thane and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Greater Bombay Cooperative Bank Limited and look for the branch locator section, then search for Mira Road Branch or Thane to get the exact IFSC Code GBCB0000023.
Mobile Banking App
If you use The Greater Bombay Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Greater Bombay Cooperative Bank Limited and Thane, then it will provide you proper information.
How to Use IFSC Code GBCB0000023 for Online Transfers?
Once you have the IFSC Code GBCB0000023 for the Mira Road Branch branch of The Greater Bombay Cooperative Bank Limited in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GBCB0000023. 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 GBCB0000023.
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 Mira Road Branch in Thane, 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 Mira Road 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 The Greater Bombay Cooperative Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GBCB0000023.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Flr,Nirmal Nagar Chsl,Saibaba Nagar,Mira Bhayandar Road,Mira Road East,Thane 401107 located in Thane, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.