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 Gondal Nagrik Sahakari Bank Ltd Shapar Veraval branch in Rajkot, Shapar Veraval, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0UGNS05. 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, Gondal Nagrik Sahakari Bank Ltd Shapar Veraval, Rajkot
Here are the main details that are associated with the IFSC Code GSCB0UGNS05 of The Gujarat State Cooperative Bank Limited for its branch located in Rajkot, within the district of Shapar Veraval in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0UGNS05 |
| Branch | Gondal Nagrik Sahakari Bank Ltd Shapar Veraval |
| City | Rajkot |
| District | Shapar Veraval |
| State | Gujarat |
| Address | Shapar Industrial Assocation |
These details are important not only for users using online banking but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code GSCB0UGNS05 for the Gondal Nagrik Sahakari Bank Ltd Shapar Veraval branch of The Gujarat State Cooperative Bank Limited is vital.
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 Gondal Nagrik Sahakari Bank Ltd Shapar Veraval, Rajkot, Gujarat, is provided with a unique IFSC like GSCB0UGNS05 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 Rajkot.
- 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 Rajkot and Shapar Veraval.
- 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 Gondal Nagrik Sahakari Bank Ltd Shapar Veraval do not get mixed with another location.
Format of the IFSC Code GSCB0UGNS05
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 Gondal Nagrik Sahakari Bank Ltd Shapar Veraval in Rajkot.
For example, the IFSC Code GSCB0UGNS05 of The Gujarat State Cooperative Bank Limited for the Gondal Nagrik Sahakari Bank Ltd Shapar Veraval branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
To find the IFSC Code GSCB0UGNS05 of The Gujarat State Cooperative Bank Limited for its Gondal Nagrik Sahakari Bank Ltd Shapar Veraval branch located in Rajkot, 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 Rajkot and Shapar Veraval, 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 Gondal Nagrik Sahakari Bank Ltd Shapar Veraval or Rajkot to find the exact IFSC Code GSCB0UGNS05.
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 Rajkot will provide accurate information.
How to Use IFSC Code GSCB0UGNS05 for Online Transfers?
Once you have the IFSC Code GSCB0UGNS05 for the Gondal Nagrik Sahakari Bank Ltd Shapar Veraval branch of The Gujarat State Cooperative Bank Limited in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0UGNS05. 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 GSCB0UGNS05.
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 Gondal Nagrik Sahakari Bank Ltd Shapar Veraval in Rajkot may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Gujarat State Cooperative Bank Limited in Gondal Nagrik Sahakari Bank Ltd Shapar Veraval, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Rajkot manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0UGNS05.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shapar Industrial Assocation located in Rajkot, Shapar Veraval, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.