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 Market Yard Deesa branch in Banaskantha, Market Yard Deesa, 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 GSCB0BKD073. 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 Market Yard Deesa, Banaskantha
Here are the key points that are associated with the IFSC Code GSCB0BKD073 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Market Yard Deesa in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0BKD073 |
| Branch | The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa |
| City | Banaskantha |
| District | Market Yard Deesa |
| State | Gujarat |
| Address | Market Yard At Post Deesa |
These details help 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 GSCB0BKD073 for the The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa branch of The Gujarat State Cooperative Bank Limited has a very 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 Market Yard Deesa, Banaskantha, Gujarat, are given a unique IFSC like GSCB0BKD073 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 any kind of confusion between different branches of the same bank in places like Banaskantha and Market Yard Deesa.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa goes to the correct branch. This is important because The Gujarat State Cooperative Bank Limited has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code GSCB0BKD073
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 Market Yard Deesa in Banaskantha.
For example, the IFSC Code GSCB0BKD073 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa 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 trying to find the IFSC Code GSCB0BKD073 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa 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
You can easily find the IFSC and MICR codes because most banks, including The Gujarat State Cooperative Bank Limited branches in Banaskantha and Market Yard Deesa, print them 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 Market Yard Deesa or Banaskantha to get the exact IFSC Code GSCB0BKD073.
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 GSCB0BKD073 for Online Transfers?
If you have the IFSC Code GSCB0BKD073 for the The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa branch of The Gujarat State Cooperative Bank Limited in Banaskantha, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0BKD073. Transfers are processed in batches. 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. Asks for the recipient's account details and The Gujarat State Cooperative Bank Limited IFSC Code GSCB0BKD073.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Gujarat State Cooperative Bank Limited The Banaskantha Dist Cent Co Op Bank Ltd Market Yard Deesa in Banaskantha, it may 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 Market Yard Deesa, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Banaskantha manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0BKD073.
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 Market Yard At Post Deesa located in Banaskantha, Market Yard Deesa, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.