For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal branch in Banaskantha, Bhatamal, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today 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 GSCB0BKD062. Knowing how the IFSC Code works can help 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 Bhatamal, Banaskantha
Below in the table are the key details related to IFSC Code GSCB0BKD062 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Bhatamal in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0BKD062 |
| Branch | The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal |
| City | Banaskantha |
| District | Bhatamal |
| State | Gujarat |
| Address | At Post Bhatamal |
These details are essential not only for online banking users but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Banaskantha for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0BKD062 for the The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal branch of The Gujarat State Cooperative Bank Limited plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is 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 Bhatamal, Banaskantha, Gujarat, is provided a unique IFSC like GSCB0BKD062 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Gujarat State Cooperative Bank Limited branch in Banaskantha.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Banaskantha and Bhatamal.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal do not get misguided to another person.
Format of the IFSC Code GSCB0BKD062
This is the format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Gujarat State Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal in Banaskantha.
For example, the IFSC Code GSCB0BKD062 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal 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 trying to find the IFSC Code GSCB0BKD062 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal branch located in Banaskantha, 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
Most banks, including The Gujarat State Cooperative Bank Limited branches in Banaskantha and Bhatamal, print the IFSC and MICR codes 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 The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal or Banaskantha to get the exact IFSC Code GSCB0BKD062.
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 Banaskantha, you'll get the correct details.
How to Use IFSC Code GSCB0BKD062 for Online Transfers?
Once you have the IFSC Code GSCB0BKD062 for the The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal branch of The Gujarat State Cooperative Bank Limited in Banaskantha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GSCB0BKD062. 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 GSCB0BKD062.
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 The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal in Banaskantha, 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 The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal, 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)
The IFSC Code of the The Banaskantha Dist Cent Co Op Bank Ltd Bhatamal Banaskantha branch is GSCB0BKD062.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at At Post Bhatamal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.