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 The Sabarkantha Dist Cen Co Op Bank Ltd Matoda branch in Sabarkantha, Khedbrahma, 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 Sabarkantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0SKB059. 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, The Sabarkantha Dist Cen Co Op Bank Ltd Matoda, Sabarkantha
The table below shows the main details of the IFSC Code GSCB0SKB059 for the The Gujarat State Cooperative Bank Limited branch in Sabarkantha, which falls under the Khedbrahma district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0SKB059 |
| Branch | The Sabarkantha Dist Cen Co Op Bank Ltd Matoda |
| City | Sabarkantha |
| District | Khedbrahma |
| State | Gujarat |
| Address | At Post Matoda 383270 |
These details help users in online banking and for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Sabarkantha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0SKB059 for the The Sabarkantha Dist Cen Co Op Bank Ltd Matoda 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 that is provided by the Reserve Bank of India. A unique IFSC like GSCB0SKB059 is given to every bank branch, including The Gujarat State Cooperative Bank Limited located in The Sabarkantha Dist Cen Co Op Bank Ltd Matoda, Sabarkantha, 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 Sabarkantha.
- 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 Sabarkantha and Khedbrahma.
- 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 The Sabarkantha Dist Cen Co Op Bank Ltd Matoda doesn't end up at another location.
Format of the IFSC Code GSCB0SKB059
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 The Sabarkantha Dist Cen Co Op Bank Ltd Matoda in Sabarkantha.
For example, the IFSC Code GSCB0SKB059 of The Gujarat State Cooperative Bank Limited for the The Sabarkantha Dist Cen Co Op Bank Ltd Matoda branch includes these elements, identifying the bank and the branch location in Sabarkantha and Gujarat accurately.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are trying to find the IFSC Code GSCB0SKB059 of The Gujarat State Cooperative Bank Limited for its The Sabarkantha Dist Cen Co Op Bank Ltd Matoda branch located in Sabarkantha, 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 Sabarkantha and Khedbrahma, 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 The Sabarkantha Dist Cen Co Op Bank Ltd Matoda or Sabarkantha to get the exact IFSC Code GSCB0SKB059.
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 Sabarkantha that will provide accurate information.
How to Use IFSC Code GSCB0SKB059 for Online Transfers?
Once you have the IFSC Code GSCB0SKB059 for the The Sabarkantha Dist Cen Co Op Bank Ltd Matoda branch of The Gujarat State Cooperative Bank Limited in Sabarkantha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code GSCB0SKB059. 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 GSCB0SKB059.
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 The Sabarkantha Dist Cen Co Op Bank Ltd Matoda in Sabarkantha, 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 The Sabarkantha Dist Cen Co Op Bank Ltd Matoda, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Sabarkantha manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is GSCB0SKB059.
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 At Post Matoda 383270 located in Sabarkantha, Khedbrahma, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.