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 Veraval Mercantile Co Op Bank Ltd branch in Gir Somnath, Veraval, 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 Gir Somnath or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0UVMC02. 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 Veraval Mercantile Co Op Bank Ltd, Gir Somnath
Below in the table are the key details related to IFSC Code GSCB0UVMC02 of The Gujarat State Cooperative Bank Limited for its branch located in Gir Somnath, within the district of Veraval in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UVMC02 |
| Branch | The Veraval Mercantile Co Op Bank Ltd |
| City | Gir Somnath |
| District | Veraval |
| State | Gujarat |
| Address | Suvas Junagadh Road Veraval 362266 |
These details help users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Gir Somnath for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0UVMC02 for the The Veraval Mercantile Co Op Bank Ltd 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 Veraval Mercantile Co Op Bank Ltd, Gir Somnath, Gujarat, are allotted a unique IFSC like GSCB0UVMC02 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gir Somnath.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gir Somnath and Veraval.
- 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 Veraval Mercantile Co Op Bank Ltd reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code GSCB0UVMC02
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 Veraval Mercantile Co Op Bank Ltd in Gir Somnath.
For example, the IFSC Code GSCB0UVMC02 of The Gujarat State Cooperative Bank Limited for the The Veraval Mercantile Co Op Bank Ltd branch includes these elements, identifying the bank and the branch location in Gir Somnath and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are looking for the IFSC Code GSCB0UVMC02 of The Gujarat State Cooperative Bank Limited for its The Veraval Mercantile Co Op Bank Ltd branch located in Gir Somnath, the following methods can help:
Cheque Book
The cheque book that is issued by The Gujarat State Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Gujarat State Cooperative Bank Limited branches in Gir Somnath and Veraval, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Gujarat State Cooperative Bank Limited and look for the branch locator section, then search for The Veraval Mercantile Co Op Bank Ltd or Gir Somnath to get the exact IFSC Code GSCB0UVMC02.
Mobile Banking App
If you use The Gujarat State Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Gujarat State Cooperative Bank Limited and Gir Somnath, then it will provide you proper information.
How to Use IFSC Code GSCB0UVMC02 for Online Transfers?
Once you have the IFSC Code GSCB0UVMC02 for the The Veraval Mercantile Co Op Bank Ltd branch of The Gujarat State Cooperative Bank Limited in Gir Somnath, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GSCB0UVMC02. 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 GSCB0UVMC02.
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 Veraval Mercantile Co Op Bank Ltd in Gir Somnath, your payment can get delayed or might not go through at all.
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 Veraval Mercantile Co Op Bank Ltd, 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 Gir Somnath manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0UVMC02.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Suvas Junagadh Road Veraval 362266 located in Gir Somnath, Veraval, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.