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 Pragati Co Op Bank Ltd Deodar branch in Banaskantha, Deodar, 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 GSCB0UTPC01. 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 Pragati Co Op Bank Ltd Deodar, Banaskantha
The table below shows the main details of the IFSC Code GSCB0UTPC01 for the The Gujarat State Cooperative Bank Limited branch in Banaskantha, which falls under the Deodar district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UTPC01 |
| Branch | The Pragati Co Op Bank Ltd Deodar |
| City | Banaskantha |
| District | Deodar |
| State | Gujarat |
| Address | Bhagyoday Complex Main Bazaar Road |
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 GSCB0UTPC01 for the The Pragati Co Op Bank Ltd Deodar 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, including The Gujarat State Cooperative Bank Limited located in The Pragati Co Op Bank Ltd Deodar, Banaskantha, Gujarat, is provided with a unique IFSC like GSCB0UTPC01 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Banaskantha and Deodar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in The Pragati Co Op Bank Ltd Deodar do not get mixed with another location.
Format of the IFSC Code GSCB0UTPC01
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 Pragati Co Op Bank Ltd Deodar in Banaskantha.
For example, the IFSC Code GSCB0UTPC01 of The Gujarat State Cooperative Bank Limited for the The Pragati Co Op Bank Ltd Deodar 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?
If you are trying to find the IFSC Code GSCB0UTPC01 of The Gujarat State Cooperative Bank Limited for its The Pragati Co Op Bank Ltd Deodar 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 Deodar, 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 Pragati Co Op Bank Ltd Deodar or Banaskantha to get the exact IFSC Code GSCB0UTPC01.
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 GSCB0UTPC01 for Online Transfers?
Once you have the IFSC Code GSCB0UTPC01 for the The Pragati Co Op Bank Ltd Deodar 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 GSCB0UTPC01. 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 GSCB0UTPC01.
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 Pragati Co Op Bank Ltd Deodar in Banaskantha, it can result in delayed or failed transactions.
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 Pragati Co Op Bank Ltd Deodar, 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 is GSCB0UTPC01.
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 Bhagyoday Complex Main Bazaar Road located in Banaskantha, Deodar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.