Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Raiya Road branch in Rajkot, Rajkot, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the 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 GSCB0RJT124. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Gujarat State Cooperative Bank Limited, Shri Rajkot District Coop. Bank Ltd. Raiya Road, Rajkot
Below in the table are the key details related to IFSC Code GSCB0RJT124 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 | GSCB0RJT124 |
| Branch | Shri Rajkot District Coop. Bank Ltd. Raiya Road |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Near Raiya Chowkdi, 150 Feet Ring Road, Opp. Ambica Complex, Raiya Road, Rajkot |
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 GSCB0RJT124 for the Shri Rajkot District Coop. Bank Ltd. Raiya Road 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 GSCB0RJT124 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in Shri Rajkot District Coop. Bank Ltd. Raiya 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. Raiya Road doesn't end up at another location.
Format of the IFSC Code GSCB0RJT124
This is the format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Gujarat State Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shri Rajkot District Coop. Bank Ltd. Raiya Road in Rajkot.
For example, the IFSC Code GSCB0RJT124 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Coop. Bank Ltd. Raiya Road 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 GSCB0RJT124 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Raiya Road 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 Rajkot, 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. Raiya Road or Rajkot to get the exact IFSC Code GSCB0RJT124.
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 GSCB0RJT124 for Online Transfers?
If you have the IFSC Code GSCB0RJT124 for the Shri Rajkot District Coop. Bank Ltd. Raiya Road branch of The Gujarat State Cooperative Bank Limited in Rajkot, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0RJT124. Transfers are processed in batches. 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. Asks for the recipient's account details and The Gujarat State Cooperative Bank Limited IFSC Code GSCB0RJT124.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Gujarat State Cooperative Bank Limited Shri Rajkot District Coop. Bank Ltd. Raiya Road in Rajkot, it may result in delayed or failed transactions.
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. Raiya 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 is GSCB0RJT124.
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 Near Raiya Chowkdi, 150 Feet Ring Road, Opp. Ambica Complex, Raiya Road, Rajkot located in Rajkot, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.