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 Kuwala branch in Banaskantha, Kuwala, 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 GSCB0BKD059. 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 Kuwala, Banaskantha

Here are the main details that are associated with the IFSC Code GSCB0BKD059 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Kuwala in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0BKD059
Branch The Banaskantha Dist Cent Co Op Bank Ltd Kuwala
City Banaskantha
District Kuwala
State Gujarat
Address At Post Kuwala

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 GSCB0BKD059 for the The Banaskantha Dist Cent Co Op Bank Ltd Kuwala 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 Kuwala, Banaskantha, Gujarat, are allotted a unique IFSC like GSCB0BKD059 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 Kuwala.
  • 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 Kuwala reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code GSCB0BKD059

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 Kuwala in Banaskantha.

For example, the IFSC Code GSCB0BKD059 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Kuwala 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?

To find the IFSC Code GSCB0BKD059 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Kuwala branch located in Banaskantha, the following methods can help you out:

Cheque Book

The cheque book issued by The Gujarat State Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including The Gujarat State Cooperative Bank Limited branches in Banaskantha and Kuwala, 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 go to the branch locator section. Then search for The Banaskantha Dist Cent Co Op Bank Ltd Kuwala or Banaskantha to find the exact IFSC Code GSCB0BKD059.

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 maintains an updated database of all IFSC codes. Searching for The Gujarat State Cooperative Bank Limited and Banaskantha will provide accurate information.

How to Use IFSC Code GSCB0BKD059 for Online Transfers?

Once you have the IFSC Code GSCB0BKD059 for the The Banaskantha Dist Cent Co Op Bank Ltd Kuwala branch of The Gujarat State Cooperative Bank Limited in Banaskantha, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code GSCB0BKD059. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and The Gujarat State Cooperative Bank Limited IFSC Code GSCB0BKD059.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Gujarat State Cooperative Bank Limited The Banaskantha Dist Cent Co Op Bank Ltd Kuwala in Banaskantha, it can 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 Kuwala, 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 The Banaskantha Dist Cent Co Op Bank Ltd Kuwala Banaskantha?

The IFSC Code of the The Banaskantha Dist Cent Co Op Bank Ltd Kuwala Banaskantha branch is GSCB0BKD059.

Is IFSC Code GSCB0BKD059 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the The Gujarat State Cooperative Bank Limited The Banaskantha Dist Cent Co Op Bank Ltd Kuwala branch?

The branch is located at At Post Kuwala.

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.