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. Swaminarayan Chowk 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 GSCB0RJT126. 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. Swaminarayan Chowk, Rajkot
Below in the table are the key details related to IFSC Code GSCB0RJT126 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 | GSCB0RJT126 |
| Branch | Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Gokul Palace, First Floor, Krushnagar Main Road, Guruprasad Chowk, Opp. Harsiddhi Dairy, Rajkot |
These details help 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 GSCB0RJT126 for the Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk branch of The Gujarat State Cooperative Bank Limited has a very important 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 Coop. Bank Ltd. Swaminarayan Chowk, Rajkot, Gujarat, are given a unique IFSC like GSCB0RJT126 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 any kind of 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 helps ensure that any money sent to The Gujarat State Cooperative Bank Limited in Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk goes to the correct branch. This is important because The Gujarat State Cooperative Bank Limited has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code GSCB0RJT126
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:
- First 4 characters (AAAA): These represent the bank code. In The Gujarat State Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk in Rajkot.
For example, the IFSC Code GSCB0RJT126 of The Gujarat State Cooperative Bank Limited for the Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk branch has 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 GSCB0RJT126 of The Gujarat State Cooperative Bank Limited for its Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk 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 Coop. Bank Ltd. Swaminarayan Chowk or Rajkot to get the exact IFSC Code GSCB0RJT126.
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 GSCB0RJT126 for Online Transfers?
Once you have the IFSC Code GSCB0RJT126 for the Shri Rajkot District Coop. Bank Ltd. Swaminarayan Chowk 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 GSCB0RJT126. 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 GSCB0RJT126.
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. Swaminarayan Chowk 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. Swaminarayan Chowk, 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 GSCB0RJT126.
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 Gokul Palace, First Floor, Krushnagar Main Road, Guruprasad Chowk, Opp. Harsiddhi Dairy, Rajkot located in Rajkot, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.