Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Gujarat State Cooperative Bank Limited for its The Bhuj Mercantile Coop Bank Ltd Gandhidham branch in Kutch, Bhuj, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Gujarat State Cooperative Bank Limited located in Kutch or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0UTBM08. You should definitely 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 Bhuj Mercantile Coop Bank Ltd Gandhidham, Kutch
Below in the table are the key details related to IFSC Code GSCB0UTBM08 of The Gujarat State Cooperative Bank Limited for its branch located in Kutch, within the district of Bhuj in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UTBM08 |
| Branch | The Bhuj Mercantile Coop Bank Ltd Gandhidham |
| City | Kutch |
| District | Bhuj |
| State | Gujarat |
| Address | Plot No. 19, Sector 9, Opp. Sbi Banking Circle, Gandhidham Kutch 370201 |
These details helps users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Kutch for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0UTBM08 for the The Bhuj Mercantile Coop Bank Ltd Gandhidham branch of The Gujarat State Cooperative Bank Limited plays a vital 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 Bhuj Mercantile Coop Bank Ltd Gandhidham, Kutch, Gujarat, is provided with a unique IFSC like GSCB0UTBM08 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 Kutch.
- 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 Kutch and Bhuj.
- 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 Bhuj Mercantile Coop Bank Ltd Gandhidham do not get mixed with another location.
Format of the IFSC Code GSCB0UTBM08
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 Bhuj Mercantile Coop Bank Ltd Gandhidham in Kutch.
For example, the IFSC Code GSCB0UTBM08 of The Gujarat State Cooperative Bank Limited for the The Bhuj Mercantile Coop Bank Ltd Gandhidham branch includes these elements, identifying the bank and the branch location in Kutch and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0UTBM08 of The Gujarat State Cooperative Bank Limited for its The Bhuj Mercantile Coop Bank Ltd Gandhidham branch located in Kutch, 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
Most banks, including The Gujarat State Cooperative Bank Limited branches in Kutch and Bhuj, print the IFSC and MICR codes 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 Bhuj Mercantile Coop Bank Ltd Gandhidham or Kutch to get the exact IFSC Code GSCB0UTBM08.
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 Kutch, you'll get the correct details.
How to Use IFSC Code GSCB0UTBM08 for Online Transfers?
Once you have the IFSC Code GSCB0UTBM08 for the The Bhuj Mercantile Coop Bank Ltd Gandhidham branch of The Gujarat State Cooperative Bank Limited in Kutch, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0UTBM08. 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 GSCB0UTBM08.
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 Bhuj Mercantile Coop Bank Ltd Gandhidham in Kutch 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 Bhuj Mercantile Coop Bank Ltd Gandhidham, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kutch manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0UTBM08.
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 Plot No. 19, Sector 9, Opp. Sbi Banking Circle, Gandhidham Kutch 370201 located in Kutch, Bhuj, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.