There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. 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 Rajpur Deesa branch in Banaskantha, Rajpur Deesa, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of The Gujarat State Cooperative Bank Limited situated in Banaskantha or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code GSCB0BKD054. You should 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 Rajpur Deesa, Banaskantha

Here are some of the key details that come with the IFSC Code GSCB0BKD054 of The Gujarat State Cooperative Bank Limited for its branch located in Banaskantha, within the district of Rajpur Deesa in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0BKD054
Branch The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa
City Banaskantha
District Rajpur Deesa
State Gujarat
Address At Post Rajpur Deesa

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 GSCB0BKD054 for the The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa 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 Rajpur Deesa, Banaskantha, Gujarat, are allotted a unique IFSC like GSCB0BKD054 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 Rajpur 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 makes sure that money sent to The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code GSCB0BKD054

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 Rajpur Deesa in Banaskantha.

For example, the IFSC Code GSCB0BKD054 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa 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 GSCB0BKD054 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa 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 Rajpur Deesa, 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 Rajpur Deesa or Banaskantha to find the exact IFSC Code GSCB0BKD054.

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 GSCB0BKD054 for Online Transfers?

Once you have the IFSC Code GSCB0BKD054 for the The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa 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 GSCB0BKD054. The transfer is completed in batches instead of instantly. It is useful for both 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 GSCB0BKD054.

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 Rajpur Deesa 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 Rajpur Deesa, 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)

What is the IFSC Code of The Gujarat State Cooperative Bank Limited The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa Banaskantha?

The IFSC Code of the The Banaskantha Dist Cent Co Op Bank Ltd Rajpur Deesa Banaskantha branch is GSCB0BKD054.

Is IFSC Code GSCB0BKD054 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 Rajpur Deesa branch?

The branch is located at At Post Rajpur Deesa.

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.