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 Gujarat State Cooperative Bank Limited for its Progressive Mercantile Co Op Bank Ltd Sabermati branch in Ahmedabad, Ahmedabad, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Gujarat State Cooperative Bank Limited located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0UPMC03. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Gujarat State Cooperative Bank Limited, Progressive Mercantile Co Op Bank Ltd Sabermati, Ahmedabad
Here are the key points that are associated with the IFSC Code GSCB0UPMC03 of The Gujarat State Cooperative Bank Limited for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UPMC03 |
| Branch | Progressive Mercantile Co Op Bank Ltd Sabermati |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Nirman Tower Mrudul Park Sola Road |
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 GSCB0UPMC03 for the Progressive Mercantile Co Op Bank Ltd Sabermati 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 Sabermati, Ahmedabad, Gujarat, are allotted a unique IFSC like GSCB0UPMC03 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 Ahmedabad.
- 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 Sabermati reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code GSCB0UPMC03
The format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, follows 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 Sabermati in Ahmedabad.
For example, the IFSC Code GSCB0UPMC03 of The Gujarat State Cooperative Bank Limited for the Progressive Mercantile Co Op Bank Ltd Sabermati branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0UPMC03 of The Gujarat State Cooperative Bank Limited for its Progressive Mercantile Co Op Bank Ltd Sabermati branch located in Ahmedabad, the following methods can help:
Cheque Book
The cheque book issued by The Gujarat State Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including The Gujarat State Cooperative Bank Limited branches in Ahmedabad and Ahmedabad, print them on the first page of your passbook.
Bank Website
Visit the official website of The Gujarat State Cooperative Bank Limited and navigate to the branch locator section. Search for Progressive Mercantile Co Op Bank Ltd Sabermati or Ahmedabad to get the exact IFSC Code GSCB0UPMC03.
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 keeps an updated list of all IFSC codes. If you search for The Gujarat State Cooperative Bank Limited and Ahmedabad, you'll get the correct details.
How to Use IFSC Code GSCB0UPMC03 for Online Transfers?
Once you have the IFSC Code GSCB0UPMC03 for the Progressive Mercantile Co Op Bank Ltd Sabermati 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 GSCB0UPMC03. 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 Gujarat State Cooperative Bank Limited IFSC Code GSCB0UPMC03.
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 Sabermati 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 Sabermati, 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)
The IFSC Code is GSCB0UPMC03.
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 Nirman Tower Mrudul Park Sola Road located in Ahmedabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.