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 Tervada branch in Banaskantha, Tervada, 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 GSCB0BKD056. 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 Tervada, Banaskantha

The table below shows the main details of the IFSC Code GSCB0BKD056 for the The Gujarat State Cooperative Bank Limited branch in Banaskantha, which falls under the Tervada district in Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0BKD056
Branch The Banaskantha Dist Cent Co Op Bank Ltd Tervada
City Banaskantha
District Tervada
State Gujarat
Address At Post Terwada

These details helps 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 GSCB0BKD056 for the The Banaskantha Dist Cent Co Op Bank Ltd Tervada branch of The Gujarat State Cooperative Bank Limited plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like GSCB0BKD056 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in The Banaskantha Dist Cent Co Op Bank Ltd Tervada, Banaskantha, Gujarat, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Banaskantha and Tervada.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in The Banaskantha Dist Cent Co Op Bank Ltd Tervada doesn't end up at another location.

Format of the IFSC Code GSCB0BKD056

The format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For The Gujarat State Cooperative Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept 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 Tervada in Banaskantha.

For example, the IFSC Code GSCB0BKD056 of The Gujarat State Cooperative Bank Limited for the The Banaskantha Dist Cent Co Op Bank Ltd Tervada branch includes 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 GSCB0BKD056 of The Gujarat State Cooperative Bank Limited for its The Banaskantha Dist Cent Co Op Bank Ltd Tervada 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 Tervada, 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 Tervada or Banaskantha to get the exact IFSC Code GSCB0BKD056.

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 GSCB0BKD056 for Online Transfers?

Once you have the IFSC Code GSCB0BKD056 for the The Banaskantha Dist Cent Co Op Bank Ltd Tervada 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 GSCB0BKD056. 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 GSCB0BKD056.

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 Tervada 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 Tervada, 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 in The Banaskantha Dist Cent Co Op Bank Ltd Tervada, Banaskantha?

The IFSC Code is GSCB0BKD056.

Is the IFSC Code GSCB0BKD056 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Gujarat State Cooperative Bank Limited The Banaskantha Dist Cent Co Op Bank Ltd Tervada?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the The Banaskantha Dist Cent Co Op Bank Ltd Tervada branch?

The address of the branch is At Post Terwada located in Banaskantha, Tervada, Gujarat.

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.