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 Banaskantha Dist Cent Co Op Bank Ltd Aakoli branch in Banaskantha, Aakoli, 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 Banaskantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0BKD123. 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 Banaskantha Dist Cent Co Op Bank Ltd Aakoli, Banaskantha

Here are the key points that are associated with the IFSC Code GSCB0BKD123 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Aakoli in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0BKD123
Branch The Banaskantha Dist Cent Co Op Bank Ltd Aakoli
City Banaskantha
District Aakoli
State Gujarat
Address At Post Aakoli

These details are important not only for users using online banking but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Banaskantha for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code GSCB0BKD123 for the The Banaskantha Dist Cent Co Op Bank Ltd Aakoli branch of The Gujarat State Cooperative Bank Limited is vital.

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, including The Gujarat State Cooperative Bank Limited located in The Banaskantha Dist Cent Co Op Bank Ltd Aakoli, Banaskantha, Gujarat, is provided with a unique IFSC like GSCB0BKD123 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Gujarat State Cooperative Bank Limited branch in Banaskantha.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Banaskantha and Aakoli.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Aakoli do not get mixed with another location.

Format of the IFSC Code GSCB0BKD123

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 The Banaskantha Dist Cent Co Op Bank Ltd Aakoli in Banaskantha.

For example, the IFSC Code GSCB0BKD123 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Aakoli branch includes these elements, identifying the bank and the branch location in Banaskantha and Gujarat accurately.

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

If you are looking for the IFSC Code GSCB0BKD123 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Aakoli branch located in Banaskantha, the following methods can help:

Cheque Book

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

Bank Website

You can visit the official website of The Gujarat State Cooperative Bank Limited and look for the branch locator section, then search for The Banaskantha Dist Cent Co Op Bank Ltd Aakoli or Banaskantha to get the exact IFSC Code GSCB0BKD123.

Mobile Banking App

If you use The Gujarat State 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 Gujarat State Cooperative Bank Limited and Banaskantha, then it will provide you proper information.

How to Use IFSC Code GSCB0BKD123 for Online Transfers?

Once you have the IFSC Code GSCB0BKD123 for the The Banaskantha Dist Cent Co Op Bank Ltd Aakoli branch of The Gujarat State Cooperative Bank Limited in Banaskantha, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code GSCB0BKD123. 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 GSCB0BKD123.

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 Banaskantha Dist Cent Co Op Bank Ltd Aakoli in Banaskantha 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 Banaskantha Dist Cent Co Op Bank Ltd Aakoli, 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 Banaskantha 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 The Banaskantha Dist Cent Co Op Bank Ltd Aakoli, Banaskantha?

The IFSC Code is GSCB0BKD123.

Is the IFSC Code GSCB0BKD123 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of The Gujarat State Cooperative Bank Limited The Banaskantha Dist Cent Co Op Bank Ltd Aakoli?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the The Banaskantha Dist Cent Co Op Bank Ltd Aakoli branch?

The address of the branch is At Post Aakoli located in Banaskantha, Aakoli, 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.