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 The Sabarkantha Dist Cen Co Op Bank Ltd Panol branch in Sabarkantha, Idar, 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 Sabarkantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0SKB118. 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, The Sabarkantha Dist Cen Co Op Bank Ltd Panol, Sabarkantha
Here are the main details that are associated with the IFSC Code GSCB0SKB118 of The Gujarat State Cooperative Bank Limited for its branch located in Sabarkantha, within the district of Idar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0SKB118 |
| Branch | The Sabarkantha Dist Cen Co Op Bank Ltd Panol |
| City | Sabarkantha |
| District | Idar |
| State | Gujarat |
| Address | At Post Panol 383430 |
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 GSCB0SKB118 for the The Sabarkantha Dist Cen Co Op Bank Ltd Panol 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 The Sabarkantha Dist Cen Co Op Bank Ltd Panol, Sabarkantha, Gujarat, are allotted a unique IFSC like GSCB0SKB118 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sabarkantha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sabarkantha and Idar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Gujarat State Cooperative Bank Limited in The Sabarkantha Dist Cen Co Op Bank Ltd Panol reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code GSCB0SKB118
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 Panol in Sabarkantha.
For example, the IFSC Code GSCB0SKB118 of The Gujarat State Cooperative Bank Limited for the The Sabarkantha Dist Cen Co Op Bank Ltd Panol 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?
To find the IFSC Code GSCB0SKB118 of The Gujarat State Cooperative Bank Limited for its The Sabarkantha Dist Cen Co Op Bank Ltd Panol branch located in Sabarkantha, the following methods can help you out:
Cheque Book
The cheque book issued by The Gujarat State Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Gujarat State Cooperative Bank Limited branches in Sabarkantha and Idar, 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 go to the branch locator section. Then search for The Sabarkantha Dist Cen Co Op Bank Ltd Panol or Sabarkantha to find the exact IFSC Code GSCB0SKB118.
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 maintains an updated database of all IFSC codes. Searching for The Gujarat State Cooperative Bank Limited and Sabarkantha will provide accurate information.
How to Use IFSC Code GSCB0SKB118 for Online Transfers?
Once you have the IFSC Code GSCB0SKB118 for the The Sabarkantha Dist Cen Co Op Bank Ltd Panol branch of The Gujarat State Cooperative Bank Limited in Sabarkantha, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code GSCB0SKB118. 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 GSCB0SKB118.
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 The Sabarkantha Dist Cen Co Op Bank Ltd Panol in Sabarkantha 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 The Sabarkantha Dist Cen Co Op Bank Ltd Panol, 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 GSCB0SKB118.
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 Panol 383430 located in Sabarkantha, Idar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.