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 Co-Op. Bank Ltd. Mkt.Yard Rajkot branch in Rajkot, Rajkot, 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 GSCB0RJT085. 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 Co-Op. Bank Ltd. Mkt.Yard Rajkot, Rajkot
The table below shows the main details of the IFSC Code GSCB0RJT085 for the The Gujarat State Cooperative Bank Limited branch in Rajkot, which falls under the Rajkot district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0RJT085 |
| Branch | Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Marketyard, In Marketyard, Near Rto, Rajkot |
These details helps users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0RJT085 for the Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot 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, along with The Gujarat State Cooperative Bank Limited located in Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot, Rajkot, Gujarat, are allotted a unique IFSC like GSCB0RJT085 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajkot and Rajkot.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Gujarat State Cooperative Bank Limited in Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code GSCB0RJT085
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 Co-Op. Bank Ltd. Mkt.Yard Rajkot in Rajkot.
For example, the IFSC Code GSCB0RJT085 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot 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?
If you are trying to find the IFSC Code GSCB0RJT085 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot branch located in Rajkot, 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 Rajkot and Rajkot, 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 Co-Op. Bank Ltd. Mkt.Yard Rajkot or Rajkot to get the exact IFSC Code GSCB0RJT085.
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 Rajkot, you'll get the correct details.
How to Use IFSC Code GSCB0RJT085 for Online Transfers?
Once you have the IFSC Code GSCB0RJT085 for the Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot 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 GSCB0RJT085. 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 GSCB0RJT085.
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 Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot in Rajkot 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 Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot, 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 Rajkot to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shri Rajkot District Co-Op. Bank Ltd. Mkt.Yard Rajkot Rajkot branch is GSCB0RJT085.
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 Marketyard, In Marketyard, Near Rto, Rajkot.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.