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 Veraval Mercantile Co Op Bank Ltd branch in Gir Somnath, Sutrapda, 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 Gir Somnath or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code GSCB0UVMC04. 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 Veraval Mercantile Co Op Bank Ltd, Gir Somnath

Here are the key points that are associated with the IFSC Code GSCB0UVMC04 of The Gujarat State Cooperative Bank Limited for its branch located in Gir Somnath, within the district of Sutrapda in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0UVMC04
Branch The Veraval Mercantile Co Op Bank Ltd
City Gir Somnath
District Sutrapda
State Gujarat
Address Suvas Nr S T Bus Station Sutrapda 362275

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 GSCB0UVMC04 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 given a unique IFSC like GSCB0UVMC04 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 any kind of confusion between different branches of the same bank in places like Gir Somnath and Sutrapda.
  • 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 Veraval Mercantile Co Op Bank Ltd 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 GSCB0UVMC04

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): 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 Veraval Mercantile Co Op Bank Ltd in Gir Somnath.

For example, the IFSC Code GSCB0UVMC04 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 trying to find the IFSC Code GSCB0UVMC04 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 books that are issued by The Gujarat State Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Gujarat State Cooperative Bank Limited branches in Gir Somnath and Sutrapda, 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 find the branch locator section. Search for The Veraval Mercantile Co Op Bank Ltd or Gir Somnath to get the exact IFSC Code GSCB0UVMC04.

Mobile Banking App

If you use The Gujarat State Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for The Gujarat State Cooperative Bank Limited and Gir Somnath that will provide accurate information.

How to Use IFSC Code GSCB0UVMC04 for Online Transfers?

If you have the IFSC Code GSCB0UVMC04 for the The Veraval Mercantile Co Op Bank Ltd branch of The Gujarat State Cooperative Bank Limited in Gir Somnath, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code GSCB0UVMC04. 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 GSCB0UVMC04.

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 Veraval Mercantile Co Op Bank Ltd in Gir Somnath, 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 Veraval Mercantile Co Op Bank Ltd, 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 Gir Somnath 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 Veraval Mercantile Co Op Bank Ltd, Gir Somnath?

The IFSC Code is GSCB0UVMC04.

Is the IFSC Code GSCB0UVMC04 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of The Gujarat State Cooperative Bank Limited The Veraval Mercantile Co Op Bank Ltd?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the The Veraval Mercantile Co Op Bank Ltd branch?

The address of the branch is Suvas Nr S T Bus Station Sutrapda 362275 located in Gir Somnath, Sutrapda, 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.