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 The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana branch in Banaskantha, Chhaniyana, 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 Banaskantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0BKD070. 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, The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana, Banaskantha

Here are the key points that are associated with the IFSC Code GSCB0BKD070 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Chhaniyana in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0BKD070
Branch The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana
City Banaskantha
District Chhaniyana
State Gujarat
Address At Post Chhaniyana

These details helps users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Banaskantha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0BKD070 for the The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana 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, 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 Chhaniyana, Banaskantha, Gujarat, is provided a unique IFSC like GSCB0BKD070 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 Chhaniyana.
  • 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 Chhaniyana do not get misguided to another person.

Format of the IFSC Code GSCB0BKD070

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 of this:

  • First 4 characters (AAAA): Represent the bank code. For The Gujarat State Cooperative Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved 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 Chhaniyana in Banaskantha.

For example, the IFSC Code GSCB0BKD070 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana 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 GSCB0BKD070 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana 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 Chhaniyana, 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 Chhaniyana or Banaskantha to get the exact IFSC Code GSCB0BKD070.

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 GSCB0BKD070 for Online Transfers?

Once you have the IFSC Code GSCB0BKD070 for the The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana 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 GSCB0BKD070. 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 GSCB0BKD070.

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 Chhaniyana in Banaskantha may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official The Gujarat State Cooperative Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Banaskantha manage online transfers as well as cheque clearances with ease.

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 Chhaniyana, Banaskantha?

The IFSC Code is GSCB0BKD070.

Is the IFSC Code GSCB0BKD070 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 The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana?

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 The Banaskantha Dist Cent Co Op Bank Ltd Chhaniyana branch?

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