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. Moti Paneli Br. branch in Rajkot, Motipaneli, 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 GSCB0RJT039. 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. Moti Paneli Br., Rajkot
Here are some of the key details that come with the IFSC Code GSCB0RJT039 of The Gujarat State Cooperative Bank Limited for its branch located in Rajkot, within the district of Motipaneli in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0RJT039 |
| Branch | Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. |
| City | Rajkot |
| District | Motipaneli |
| State | Gujarat |
| Address | Navrang Road, Moti Paneli |
These details are essential not only for online banking users but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Rajkot for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0RJT039 for the Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. branch of The Gujarat State Cooperative Bank Limited plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like GSCB0RJT039 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br., Rajkot, Gujarat, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Rajkot and Motipaneli.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. doesn't end up at another location.
Format of the IFSC Code GSCB0RJT039
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. Moti Paneli Br. in Rajkot.
For example, the IFSC Code GSCB0RJT039 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. 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 GSCB0RJT039 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. 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 Motipaneli, 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 Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. or Rajkot to find the exact IFSC Code GSCB0RJT039.
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 GSCB0RJT039 for Online Transfers?
Once you have the IFSC Code GSCB0RJT039 for the Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. branch of The Gujarat State Cooperative Bank Limited in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GSCB0RJT039. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 GSCB0RJT039.
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 Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br. in Rajkot, 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 Shri Rajkot District Co-Op. Bank Ltd. Moti Paneli Br., 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 is GSCB0RJT039.
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 Navrang Road, Moti Paneli located in Rajkot, Motipaneli, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.