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 The Panchmahal District Co Op Bank Ltd - Damavav branch in Panchmahal, Ghoghamba, 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 Panchmahal or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0PDC057. 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, The Panchmahal District Co Op Bank Ltd - Damavav, Panchmahal
Here are some of the key details that come with the IFSC Code GSCB0PDC057 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 | GSCB0PDC057 |
| Branch | The Panchmahal District Co Op Bank Ltd - Damavav |
| City | Panchmahal |
| District | Ghoghamba |
| State | Gujarat |
| Address | Near Bus Stand, At & Po.Damavav, 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 GSCB0PDC057 for the The Panchmahal District Co Op Bank Ltd - Damavav 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 - Damavav, Panchmahal, Gujarat, is provided a unique IFSC like GSCB0PDC057 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 - Damavav do not get misguided to another person.
Format of the IFSC Code GSCB0PDC057
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): 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 Panchmahal District Co Op Bank Ltd - Damavav in Panchmahal.
For example, the IFSC Code GSCB0PDC057 of The Gujarat State Cooperative Bank Limited for the The Panchmahal District Co Op Bank Ltd - Damavav 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 GSCB0PDC057 of The Gujarat State Cooperative Bank Limited for its The Panchmahal District Co Op Bank Ltd - Damavav 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 - Damavav or Panchmahal to find the exact IFSC Code GSCB0PDC057.
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 GSCB0PDC057 for Online Transfers?
Once you have the IFSC Code GSCB0PDC057 for the The Panchmahal District Co Op Bank Ltd - Damavav branch of The Gujarat State Cooperative Bank Limited in Panchmahal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GSCB0PDC057. 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 GSCB0PDC057.
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 Panchmahal District Co Op Bank Ltd - Damavav in Panchmahal, 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 Panchmahal District Co Op Bank Ltd - Damavav, 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 Panchmahal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0PDC057.
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 Near Bus Stand, At & Po.Damavav, Ta.Ghoghamba, Dist.Panchmahal located in Panchmahal, Ghoghamba, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.