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 Veraval Mercantile Co Op Bank Ltd branch in Jamnagar, Dared Jamnagar, 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 Jamnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0UVMC11. 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 Veraval Mercantile Co Op Bank Ltd, Jamnagar
The table below shows the main details of the IFSC Code GSCB0UVMC11 for the The Gujarat State Cooperative Bank Limited branch in Jamnagar, which falls under the Dared Jamnagar district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UVMC11 |
| Branch | The Veraval Mercantile Co Op Bank Ltd |
| City | Jamnagar |
| District | Dared Jamnagar |
| State | Gujarat |
| Address | Silver Point Shop No 29 30 Pramukh Swami Circle Gidc Phase Iii Plot No 3688 Dared 361012 |
These details are essential not only for online banking users but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Jamnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0UVMC11 for the The Veraval Mercantile Co Op Bank Ltd branch of The Gujarat State Cooperative Bank Limited plays 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 Veraval Mercantile Co Op Bank Ltd, Jamnagar, Gujarat, is provided with a unique IFSC like GSCB0UVMC11 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 Jamnagar.
- 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 Jamnagar and Dared Jamnagar.
- 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 Veraval Mercantile Co Op Bank Ltd do not get mixed with another location.
Format of the IFSC Code GSCB0UVMC11
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 Jamnagar.
For example, the IFSC Code GSCB0UVMC11 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 Jamnagar and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
To find the IFSC Code GSCB0UVMC11 of The Gujarat State Cooperative Bank Limited for its The Veraval Mercantile Co Op Bank Ltd branch located in Jamnagar, 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 Jamnagar and Dared Jamnagar, 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 Veraval Mercantile Co Op Bank Ltd or Jamnagar to find the exact IFSC Code GSCB0UVMC11.
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 Jamnagar will provide accurate information.
How to Use IFSC Code GSCB0UVMC11 for Online Transfers?
Once you have the IFSC Code GSCB0UVMC11 for the The Veraval Mercantile Co Op Bank Ltd branch of The Gujarat State Cooperative Bank Limited in Jamnagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0UVMC11. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Gujarat State Cooperative Bank Limited IFSC Code GSCB0UVMC11.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Gujarat State Cooperative Bank Limited The Veraval Mercantile Co Op Bank Ltd in Jamnagar may result in delayed or failed transactions.
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 Veraval Mercantile Co Op Bank Ltd, 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 Jamnagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0UVMC11.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Silver Point Shop No 29 30 Pramukh Swami Circle Gidc Phase Iii Plot No 3688 Dared 361012 located in Jamnagar, Dared Jamnagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.