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 Junagadh, Keshod, 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 Junagadh or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code GSCB0UVMC07. 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, Junagadh
Here are the key points that are associated with the IFSC Code GSCB0UVMC07 of The Gujarat State Cooperative Bank Limited for its branch located in Junagadh, within the district of Keshod in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UVMC07 |
| Branch | The Veraval Mercantile Co Op Bank Ltd |
| City | Junagadh |
| District | Keshod |
| State | Gujarat |
| Address | Suvidha Jalaram Mandir Road Ambawadi Keshod 362220 |
These details are important not only for users using online banking but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Junagadh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code GSCB0UVMC07 for the The Veraval Mercantile Co Op Bank Ltd branch of The Gujarat State Cooperative Bank Limited is vital.
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 GSCB0UVMC07 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in The Veraval Mercantile Co Op Bank Ltd, Junagadh, 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 Junagadh.
- 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 Junagadh and Keshod.
- 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 Veraval Mercantile Co Op Bank Ltd doesn't end up at another location.
Format of the IFSC Code GSCB0UVMC07
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): These represent the bank code. In The Gujarat State Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Veraval Mercantile Co Op Bank Ltd in Junagadh.
For example, the IFSC Code GSCB0UVMC07 of The Gujarat State Cooperative Bank Limited for the The Veraval Mercantile Co Op Bank Ltd branch has these elements, identifying the bank and the branch location in Junagadh and Gujarat correctly.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0UVMC07 of The Gujarat State Cooperative Bank Limited for its The Veraval Mercantile Co Op Bank Ltd branch located in Junagadh, 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 Junagadh and Keshod, 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 Veraval Mercantile Co Op Bank Ltd or Junagadh to get the exact IFSC Code GSCB0UVMC07.
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 Junagadh, you'll get the correct details.
How to Use IFSC Code GSCB0UVMC07 for Online Transfers?
Once you have the IFSC Code GSCB0UVMC07 for the The Veraval Mercantile Co Op Bank Ltd branch of The Gujarat State Cooperative Bank Limited in Junagadh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GSCB0UVMC07. 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 GSCB0UVMC07.
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 Junagadh, your payment can get delayed or might not go through at all.
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 Junagadh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0UVMC07.
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 Suvidha Jalaram Mandir Road Ambawadi Keshod 362220 located in Junagadh, Keshod, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.