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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Gujarat State Cooperative Bank Limited for its The Panchmahal District Co Op Bank Ltd - Bakrol branch in Panchmahal, Ghoghamba, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of The Gujarat State Cooperative Bank Limited located in Panchmahal or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0PDC058. 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 Panchmahal District Co Op Bank Ltd - Bakrol, Panchmahal
Here are the key points that are associated with the IFSC Code GSCB0PDC058 of The Gujarat State Cooperative Bank Limited for its branch located in Panchmahal, within the district of Ghoghamba in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0PDC058 |
| Branch | The Panchmahal District Co Op Bank Ltd - Bakrol |
| City | Panchmahal |
| District | Ghoghamba |
| State | Gujarat |
| Address | Bazar Faliyu, At & Po.Bakrol, Ta.Ghoghamba, Dist.Panchmahal |
These details help users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Panchmahal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0PDC058 for the The Panchmahal District Co Op Bank Ltd - Bakrol 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, which is 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 Panchmahal District Co Op Bank Ltd - Bakrol, Panchmahal, Gujarat, is provided a unique IFSC like GSCB0PDC058 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Gujarat State Cooperative Bank Limited branch in Panchmahal.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Panchmahal and Ghoghamba.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in The Panchmahal District Co Op Bank Ltd - Bakrol do not get misguided to another person.
Format of the IFSC Code GSCB0PDC058
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 Panchmahal District Co Op Bank Ltd - Bakrol in Panchmahal.
For example, the IFSC Code GSCB0PDC058 of The Gujarat State Cooperative Bank Limited for the The Panchmahal District Co Op Bank Ltd - Bakrol branch includes these elements, identifying the bank and the branch location in Panchmahal and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
To find the IFSC Code GSCB0PDC058 of The Gujarat State Cooperative Bank Limited for its The Panchmahal District Co Op Bank Ltd - Bakrol branch located in Panchmahal, 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 Panchmahal and Ghoghamba, 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 Panchmahal District Co Op Bank Ltd - Bakrol or Panchmahal to find the exact IFSC Code GSCB0PDC058.
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 Panchmahal will provide accurate information.
How to Use IFSC Code GSCB0PDC058 for Online Transfers?
If you have the IFSC Code GSCB0PDC058 for the The Panchmahal District Co Op Bank Ltd - Bakrol branch of The Gujarat State Cooperative Bank Limited in Panchmahal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0PDC058. 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 GSCB0PDC058.
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 Panchmahal District Co Op Bank Ltd - Bakrol in Panchmahal, it 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 Panchmahal District Co Op Bank Ltd - Bakrol, 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 Panchmahal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Panchmahal District Co Op Bank Ltd - Bakrol Panchmahal branch is GSCB0PDC058.
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 Bazar Faliyu, At & Po.Bakrol, Ta.Ghoghamba, Dist.Panchmahal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.