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 Gujarat State Cooperative Bank Limited for its The Modasa Nagrik Sahakari Bank Ltd - Market Yard branch in Aravalli, Modasa, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Gujarat State Cooperative Bank Limited located in Aravalli or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0MNSB02. 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 Gujarat State Cooperative Bank Limited, The Modasa Nagrik Sahakari Bank Ltd - Market Yard, Aravalli
Here are the key points that are associated with the IFSC Code GSCB0MNSB02 of The Gujarat State Cooperative Bank Limited for its branch located in Aravalli, within the district of Modasa in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0MNSB02 |
| Branch | The Modasa Nagrik Sahakari Bank Ltd - Market Yard |
| City | Aravalli |
| District | Modasa |
| State | Gujarat |
| Address | Station Road, Modasa - 383315 |
These details help users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Aravalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0MNSB02 for the The Modasa Nagrik Sahakari Bank Ltd - Market Yard branch of The Gujarat State Cooperative Bank Limited has a very important 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 GSCB0MNSB02 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in The Modasa Nagrik Sahakari Bank Ltd - Market Yard, Aravalli, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Gujarat State Cooperative Bank Limited branch in Aravalli.
- 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 Aravalli and Modasa.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in The Modasa Nagrik Sahakari Bank Ltd - Market Yard doesn't end up at another location.
Format of the IFSC Code GSCB0MNSB02
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): These represent the bank code. In The Gujarat State Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Modasa Nagrik Sahakari Bank Ltd - Market Yard in Aravalli.
For example, the IFSC Code GSCB0MNSB02 of The Gujarat State Cooperative Bank Limited for the The Modasa Nagrik Sahakari Bank Ltd - Market Yard branch has these elements, identifying the bank and the branch location in Aravalli and Gujarat correctly.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0MNSB02 of The Gujarat State Cooperative Bank Limited for its The Modasa Nagrik Sahakari Bank Ltd - Market Yard branch located in Aravalli, the following methods can help:
Cheque Book
The cheque books that are issued by The Gujarat State Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Gujarat State Cooperative Bank Limited branches in Aravalli and Modasa, 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 find the branch locator section. Search for The Modasa Nagrik Sahakari Bank Ltd - Market Yard or Aravalli to get the exact IFSC Code GSCB0MNSB02.
Mobile Banking App
If you use The Gujarat State Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for The Gujarat State Cooperative Bank Limited and Aravalli that will provide accurate information.
How to Use IFSC Code GSCB0MNSB02 for Online Transfers?
Once you have the IFSC Code GSCB0MNSB02 for the The Modasa Nagrik Sahakari Bank Ltd - Market Yard branch of The Gujarat State Cooperative Bank Limited in Aravalli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0MNSB02. Transfers are processed in batches. This is suitable for 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 GSCB0MNSB02.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Gujarat State Cooperative Bank Limited The Modasa Nagrik Sahakari Bank Ltd - Market Yard in Aravalli may 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 Gujarat State Cooperative Bank Limited in The Modasa Nagrik Sahakari Bank Ltd - Market Yard, 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 Aravalli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0MNSB02.
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 Station Road, Modasa - 383315 located in Aravalli, Modasa, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.