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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Khimana branch in Banaskantha, Khimana, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector 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 GSCB0BKD040. 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 Khimana, Banaskantha
Here are the key points that are associated with the IFSC Code GSCB0BKD040 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Khimana in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0BKD040 |
| Branch | The Banaskantha Dist Cent Co Op Bank Ltd Khimana |
| City | Banaskantha |
| District | Khimana |
| State | Gujarat |
| Address | At Post Khimana |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Banaskantha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0BKD040 for the The Banaskantha Dist Cent Co Op Bank Ltd Khimana branch of The Gujarat State Cooperative Bank Limited has an important role.
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, along with The Gujarat State Cooperative Bank Limited located in The Banaskantha Dist Cent Co Op Bank Ltd Khimana, Banaskantha, Gujarat, are allotted a unique IFSC like GSCB0BKD040 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Banaskantha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Banaskantha and Khimana.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Khimana reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code GSCB0BKD040
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 Banaskantha Dist Cent Co Op Bank Ltd Khimana in Banaskantha.
For example, the IFSC Code GSCB0BKD040 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Khimana branch has these elements, identifying the bank and the branch location in Banaskantha and Gujarat correctly.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are looking for the IFSC Code GSCB0BKD040 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Khimana 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 Khimana, 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 Khimana or Banaskantha to get the exact IFSC Code GSCB0BKD040.
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 GSCB0BKD040 for Online Transfers?
Once you have the IFSC Code GSCB0BKD040 for the The Banaskantha Dist Cent Co Op Bank Ltd Khimana 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 GSCB0BKD040. 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 GSCB0BKD040.
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 Khimana in Banaskantha, your payment can get delayed or might not go through at all.
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 Khimana, 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)
The IFSC Code of the The Banaskantha Dist Cent Co Op Bank Ltd Khimana Banaskantha branch is GSCB0BKD040.
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 Khimana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.