The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Canal Road branch in Rajkot, Rajkot, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed 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 GSCB0RJT131. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Gujarat State Cooperative Bank Limited, Shri Rajkot District Coop. Bank Ltd. Canal Road, Rajkot
Here are the key points that are associated with the IFSC Code GSCB0RJT131 of The Gujarat State Cooperative Bank Limited for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0RJT131 |
| Branch | Shri Rajkot District Coop. Bank Ltd. Canal Road |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Karmbhumi Complex, Shop No. 104, 105, Opp. Gundawadi Police Chowky, Canal Road, 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 GSCB0RJT131 for the Shri Rajkot District Coop. Bank Ltd. Canal Road 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 that is provided by the Reserve Bank of India. A unique IFSC like GSCB0RJT131 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in Shri Rajkot District Coop. Bank Ltd. Canal Road, 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 Rajkot.
- 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 Coop. Bank Ltd. Canal Road doesn't end up at another location.
Format of the IFSC Code GSCB0RJT131
The format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, has 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 Shri Rajkot District Coop. Bank Ltd. Canal Road in Rajkot.
For example, the IFSC Code GSCB0RJT131 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Coop. Bank Ltd. Canal Road branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0RJT131 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Canal Road 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
You can easily find the IFSC and MICR codes because most banks, including The Gujarat State Cooperative Bank Limited branches in Rajkot and Rajkot, print them 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 Coop. Bank Ltd. Canal Road or Rajkot to get the exact IFSC Code GSCB0RJT131.
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 GSCB0RJT131 for Online Transfers?
Once you have the IFSC Code GSCB0RJT131 for the Shri Rajkot District Coop. Bank Ltd. Canal Road 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 GSCB0RJT131. 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 GSCB0RJT131.
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 Coop. Bank Ltd. Canal Road in Rajkot, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Gujarat State Cooperative Bank Limited in Shri Rajkot District Coop. Bank Ltd. Canal Road, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official The Gujarat State Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shri Rajkot District Coop. Bank Ltd. Canal Road Rajkot branch is GSCB0RJT131.
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 Karmbhumi Complex, Shop No. 104, 105, Opp. Gundawadi Police Chowky, Canal Road, Rajkot.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.