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 Thane 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 GBCB0000017. 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, Thane Branch, Thane
The table below shows the main details of the IFSC Code GBCB0000017 for the The Greater Bombay Cooperative Bank Limited branch in Thane, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Greater Bombay Cooperative Bank Limited |
| IFSC Code | GBCB0000017 |
| Branch | Thane Branch |
| City | Thane |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No. 2 And 3, Prince Palace Bldg.,Panchpakhadi, Thane W |
These details helps 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 GBCB0000017 for the Thane 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 that is provided by the Reserve Bank of India. A unique IFSC like GBCB0000017 is given to every bank branch, including The Greater Bombay Cooperative Bank Limited located in Thane Branch, Thane, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Greater Bombay Cooperative Bank Limited branch in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Thane and Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Greater Bombay Cooperative Bank Limited in Thane Branch doesn't end up at another location.
Format of the IFSC Code GBCB0000017
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 Thane Branch in Thane.
For example, the IFSC Code GBCB0000017 of The Greater Bombay Cooperative Bank Limited for the Thane 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 trying to find the IFSC Code GBCB0000017 of The Greater Bombay Cooperative Bank Limited for its Thane Branch branch located in Thane, 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 Thane 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 Thane Branch or Thane to get the exact IFSC Code GBCB0000017.
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 Thane, you'll get the correct details.
How to Use IFSC Code GBCB0000017 for Online Transfers?
Once you have the IFSC Code GBCB0000017 for the Thane 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 GBCB0000017. The transfer is completed in batches instead of instantly. It is useful for both 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 GBCB0000017.
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 Thane 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 are very different from IFSC codes. If you are looking for the MICR code of The Greater Bombay Cooperative Bank Limited in Thane Branch, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is GBCB0000017.
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 Shop No. 2 And 3, Prince Palace Bldg.,Panchpakhadi, Thane W located in Thane, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.