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 Dhima branch in Banaskantha, Dhima, 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 GSCB0BKD029. 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 Dhima, Banaskantha
The table below shows the main details of the IFSC Code GSCB0BKD029 for the The Gujarat State Cooperative Bank Limited branch in Banaskantha, which falls under the Dhima district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0BKD029 |
| Branch | The Banaskantha Dist Cent Co Op Bank Ltd Dhima |
| City | Banaskantha |
| District | Dhima |
| State | Gujarat |
| Address | At Post Dhima |
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 GSCB0BKD029 for the The Banaskantha Dist Cent Co Op Bank Ltd Dhima 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 Dhima, Banaskantha, Gujarat, is provided with a unique IFSC like GSCB0BKD029 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 Dhima.
- 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 Dhima do not get mixed with another location.
Format of the IFSC Code GSCB0BKD029
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 Dhima in Banaskantha.
For example, the IFSC Code GSCB0BKD029 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Dhima 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 GSCB0BKD029 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Dhima branch located in Banaskantha, 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 Banaskantha and Dhima, 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 Banaskantha Dist Cent Co Op Bank Ltd Dhima or Banaskantha to get the exact IFSC Code GSCB0BKD029.
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 Banaskantha that will provide accurate information.
How to Use IFSC Code GSCB0BKD029 for Online Transfers?
Once you have the IFSC Code GSCB0BKD029 for the The Banaskantha Dist Cent Co Op Bank Ltd Dhima 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 GSCB0BKD029. 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 GSCB0BKD029.
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 Dhima 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 are very different 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 Dhima, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Banaskantha manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0BKD029.
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 At Post Dhima located in Banaskantha, Dhima, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.