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 Bhuj Mercantile Coop Bank Ltd Hospital Road branch in Kutch, Bhuj, 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 Kutch or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0UTBM02. 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 Bhuj Mercantile Coop Bank Ltd Hospital Road, Kutch
Here are the main details that are associated with the IFSC Code GSCB0UTBM02 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 | GSCB0UTBM02 |
| Branch | The Bhuj Mercantile Coop Bank Ltd Hospital Road |
| City | Kutch |
| District | Bhuj |
| State | Gujarat |
| Address | Ground Floor, Mahendra Apt. Hospital Road Bhuj Kutch 370001 |
These details help 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 GSCB0UTBM02 for the The Bhuj Mercantile Coop Bank Ltd Hospital Road 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 Bhuj Mercantile Coop Bank Ltd Hospital Road, Kutch, Gujarat, are given a unique IFSC like GSCB0UTBM02 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kutch.
- 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 Kutch and Bhuj.
- 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 Bhuj Mercantile Coop Bank Ltd Hospital Road 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 GSCB0UTBM02
The format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, has 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 Bhuj Mercantile Coop Bank Ltd Hospital Road in Kutch.
For example, the IFSC Code GSCB0UTBM02 of The Gujarat State Cooperative Bank Limited for the The Bhuj Mercantile Coop Bank Ltd Hospital Road branch includes these elements, identifying the bank and the branch location in Kutch and Gujarat correctly.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
To find the IFSC Code GSCB0UTBM02 of The Gujarat State Cooperative Bank Limited for its The Bhuj Mercantile Coop Bank Ltd Hospital Road branch located in Kutch, 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 Kutch and Bhuj, 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 Bhuj Mercantile Coop Bank Ltd Hospital Road or Kutch to find the exact IFSC Code GSCB0UTBM02.
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 Kutch will provide accurate information.
How to Use IFSC Code GSCB0UTBM02 for Online Transfers?
If you have the IFSC Code GSCB0UTBM02 for the The Bhuj Mercantile Coop Bank Ltd Hospital Road branch of The Gujarat State Cooperative Bank Limited in Kutch, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0UTBM02. 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 GSCB0UTBM02.
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 Bhuj Mercantile Coop Bank Ltd Hospital Road in Kutch, it may result in delayed or failed transactions.
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 Bhuj Mercantile Coop Bank Ltd Hospital Road, 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 Kutch manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Bhuj Mercantile Coop Bank Ltd Hospital Road Kutch branch is GSCB0UTBM02.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, Mahendra Apt. Hospital Road Bhuj Kutch 370001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.