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 Coop. Bank Ltd. Khambhala branch in Rajkot, Khambhala, 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 GSCB0RJT162. 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 Coop. Bank Ltd. Khambhala, Rajkot

Here are the key points that are associated with the IFSC Code GSCB0RJT162 of The Gujarat State Cooperative Bank Limited for its branch located in Rajkot, within the district of Khambhala in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0RJT162
Branch Shri Rajkot District Coop. Bank Ltd. Khambhala
City Rajkot
District Khambhala
State Gujarat
Address Shri Khambhala J.S.S.M.Ltd. S House, Khambhala

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 GSCB0RJT162 for the Shri Rajkot District Coop. Bank Ltd. Khambhala 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, 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 Shri Rajkot District Coop. Bank Ltd. Khambhala, Rajkot, Gujarat, is provided a unique IFSC like GSCB0RJT162 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 Rajkot.
  • 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 Rajkot and Khambhala.
  • 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 Shri Rajkot District Coop. Bank Ltd. Khambhala do not get misguided to another person.

Format of the IFSC Code GSCB0RJT162

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 Coop. Bank Ltd. Khambhala in Rajkot.

For example, the IFSC Code GSCB0RJT162 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Coop. Bank Ltd. Khambhala 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 GSCB0RJT162 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Khambhala branch located in Rajkot, the following methods can help:

Cheque Book

The cheque books that are issued by The Gujarat State Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Gujarat State Cooperative Bank Limited branches in Rajkot and Khambhala, 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 find the branch locator section. Search for Shri Rajkot District Coop. Bank Ltd. Khambhala or Rajkot to get the exact IFSC Code GSCB0RJT162.

Mobile Banking App

If you use The Gujarat State Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for The Gujarat State Cooperative Bank Limited and Rajkot that will provide accurate information.

How to Use IFSC Code GSCB0RJT162 for Online Transfers?

Once you have the IFSC Code GSCB0RJT162 for the Shri Rajkot District Coop. Bank Ltd. Khambhala 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 GSCB0RJT162. 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 GSCB0RJT162.

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 Coop. Bank Ltd. Khambhala 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 Coop. Bank Ltd. Khambhala, 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)

What is the IFSC Code of The Gujarat State Cooperative Bank Limited in Shri Rajkot District Coop. Bank Ltd. Khambhala, Rajkot?

The IFSC Code is GSCB0RJT162.

Is the IFSC Code GSCB0RJT162 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of The Gujarat State Cooperative Bank Limited Shri Rajkot District Coop. Bank Ltd. Khambhala?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shri Rajkot District Coop. Bank Ltd. Khambhala branch?

The address of the branch is Shri Khambhala J.S.S.M.Ltd. S House, Khambhala located in Rajkot, Khambhala, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.