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 Gujarat State Cooperative Bank Limited for its Progressive Mercantile Co Op Bank Ltd Mirambica branch in Ahmedabad, Mirambica, Gujarat, 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 Gujarat State Cooperative Bank Limited situated in Ahmedabad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code GSCB0UPMC01. 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 Gujarat State Cooperative Bank Limited, Progressive Mercantile Co Op Bank Ltd Mirambica, Ahmedabad

The table below shows the main details of the IFSC Code GSCB0UPMC01 for the The Gujarat State Cooperative Bank Limited branch in Ahmedabad, which falls under the Mirambica district in Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0UPMC01
Branch Progressive Mercantile Co Op Bank Ltd Mirambica
City Ahmedabad
District Mirambica
State Gujarat
Address 20 Krushan Society Naranpura

These details helps users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Ahmedabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0UPMC01 for the Progressive Mercantile Co Op Bank Ltd Mirambica branch of The Gujarat State 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 Gujarat State Cooperative Bank Limited located in Progressive Mercantile Co Op Bank Ltd Mirambica, Ahmedabad, Gujarat, are allotted a unique IFSC like GSCB0UPMC01 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmedabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmedabad and Mirambica.
  • 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 Gujarat State Cooperative Bank Limited in Progressive Mercantile Co Op Bank Ltd Mirambica reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code GSCB0UPMC01

The format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For The Gujarat State 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 Progressive Mercantile Co Op Bank Ltd Mirambica in Ahmedabad.

For example, the IFSC Code GSCB0UPMC01 of The Gujarat State Cooperative Bank Limited for the Progressive Mercantile Co Op Bank Ltd Mirambica branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat correctly.

How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?

To find the IFSC Code GSCB0UPMC01 of The Gujarat State Cooperative Bank Limited for its Progressive Mercantile Co Op Bank Ltd Mirambica branch located in Ahmedabad, the following methods can help you out:

Cheque Book

The cheque book issued by The Gujarat State 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 Gujarat State Cooperative Bank Limited branches in Ahmedabad and Mirambica, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of The Gujarat State Cooperative Bank Limited and go to the branch locator section. Then search for Progressive Mercantile Co Op Bank Ltd Mirambica or Ahmedabad to find the exact IFSC Code GSCB0UPMC01.

Mobile Banking App

If you use The Gujarat State 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 Gujarat State Cooperative Bank Limited and Ahmedabad will provide accurate information.

How to Use IFSC Code GSCB0UPMC01 for Online Transfers?

Once you have the IFSC Code GSCB0UPMC01 for the Progressive Mercantile Co Op Bank Ltd Mirambica branch of The Gujarat State Cooperative Bank Limited in Ahmedabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code GSCB0UPMC01. 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 Gujarat State Cooperative Bank Limited IFSC Code GSCB0UPMC01.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Gujarat State Cooperative Bank Limited Progressive Mercantile Co Op Bank Ltd Mirambica in Ahmedabad, 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 Gujarat State Cooperative Bank Limited in Progressive Mercantile Co Op Bank Ltd Mirambica, 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 Gujarat State Cooperative Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmedabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Gujarat State Cooperative Bank Limited in Progressive Mercantile Co Op Bank Ltd Mirambica, Ahmedabad?

The IFSC Code is GSCB0UPMC01.

Is the IFSC Code GSCB0UPMC01 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Gujarat State Cooperative Bank Limited Progressive Mercantile Co Op Bank Ltd Mirambica?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Progressive Mercantile Co Op Bank Ltd Mirambica branch?

The address of the branch is 20 Krushan Society Naranpura located in Ahmedabad, Mirambica, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.