For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner branch in Morbi, Wankaner, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of The Gujarat State Cooperative Bank Limited located in Morbi or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0RJT159. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Gujarat State Cooperative Bank Limited, Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner, Morbi
Below in the table are the key details related to IFSC Code GSCB0RJT159 of The Gujarat State Cooperative Bank Limited for its branch located in Morbi, within the district of Wankaner in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0RJT159 |
| Branch | Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner |
| City | Morbi |
| District | Wankaner |
| State | Gujarat |
| Address | New Marketyard Chandrapur S House, First Floor, National Highway, Chandrapur Road, Wankaner |
These details helps users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Morbi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0RJT159 for the Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner 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 Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner, Morbi, Gujarat, is provided with a unique IFSC like GSCB0RJT159 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 Morbi.
- 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 Morbi and Wankaner.
- 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 Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner do not get mixed with another location.
Format of the IFSC Code GSCB0RJT159
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 of this:
- First 4 characters (AAAA): Represent the bank code. For The Gujarat State Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner in Morbi.
For example, the IFSC Code GSCB0RJT159 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner branch includes these elements, identifying the bank and the branch location in Morbi and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0RJT159 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner branch located in Morbi, 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 Morbi and Wankaner, 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 Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner or Morbi to get the exact IFSC Code GSCB0RJT159.
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 Morbi, you'll get the correct details.
How to Use IFSC Code GSCB0RJT159 for Online Transfers?
Once you have the IFSC Code GSCB0RJT159 for the Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner branch of The Gujarat State Cooperative Bank Limited in Morbi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0RJT159. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Gujarat State Cooperative Bank Limited IFSC Code GSCB0RJT159.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Gujarat State Cooperative Bank Limited Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner in Morbi, it can 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 Shri Rajkot District Coop. Bank Ltd. Marketyard Wankaner, 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 Morbi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0RJT159.
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 New Marketyard Chandrapur S House, First Floor, National Highway, Chandrapur Road, Wankaner located in Morbi, Wankaner, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.