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IFSC Code of The Gujarat State Cooperative Bank Limited, Pragati Sahakari Bank Ltd Old Padra Raod, Vadodara, Gujarat — GSCB0PSBL06

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 Pragati Sahakari Bank Ltd Old Padra Raod branch in Vadodara, Vadodara, 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 Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code GSCB0PSBL06. 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, Pragati Sahakari Bank Ltd Old Padra Raod, Vadodara

Here are the main details that are associated with the IFSC Code GSCB0PSBL06 of The Gujarat State Cooperative Bank Limited for its branch located in Vadodara, within the district of Vadodara in the state of Gujarat.

Particulars Details
Bank The Gujarat State Cooperative Bank Limited
IFSC Code GSCB0PSBL06
Branch Pragati Sahakari Bank Ltd Old Padra Raod
City Vadodara
District Vadodara
State Gujarat
Address Suryakiran Complex, Old Pdra Road, Vadodara - 390015

These details are crucial, not just for online banking users but also for businesses and individuals who use The Gujarat State Cooperative Bank Limited in Vadodara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code GSCB0PSBL06 for the Pragati Sahakari Bank Ltd Old Padra Raod branch of The Gujarat State Cooperative Bank Limited has an 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 Pragati Sahakari Bank Ltd Old Padra Raod, Vadodara, Gujarat, are given a unique IFSC like GSCB0PSBL06 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vadodara.
  • 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 Vadodara and Vadodara.
  • 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 Pragati Sahakari Bank Ltd Old Padra Raod 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 GSCB0PSBL06

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 Pragati Sahakari Bank Ltd Old Padra Raod in Vadodara.

For example, the IFSC Code GSCB0PSBL06 of The Gujarat State Cooperative Bank Limited for the Pragati Sahakari Bank Ltd Old Padra Raod branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat accurately.

How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?

To find the IFSC Code GSCB0PSBL06 of The Gujarat State Cooperative Bank Limited for its Pragati Sahakari Bank Ltd Old Padra Raod branch located in Vadodara, 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 Vadodara and Vadodara, 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 Pragati Sahakari Bank Ltd Old Padra Raod or Vadodara to find the exact IFSC Code GSCB0PSBL06.

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 Vadodara will provide accurate information.

How to Use IFSC Code GSCB0PSBL06 for Online Transfers?

Once you have the IFSC Code GSCB0PSBL06 for the Pragati Sahakari Bank Ltd Old Padra Raod branch of The Gujarat State Cooperative Bank Limited in Vadodara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code GSCB0PSBL06. The transfer is completed in batches instead of instantly. It is useful for both 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 GSCB0PSBL06.

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 Pragati Sahakari Bank Ltd Old Padra Raod in Vadodara, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Gujarat State Cooperative Bank Limited in Pragati Sahakari Bank Ltd Old Padra Raod, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Vadodara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Gujarat State Cooperative Bank Limited Pragati Sahakari Bank Ltd Old Padra Raod Vadodara?

The IFSC Code of the Pragati Sahakari Bank Ltd Old Padra Raod Vadodara branch is GSCB0PSBL06.

Is IFSC Code GSCB0PSBL06 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the The Gujarat State Cooperative Bank Limited Pragati Sahakari Bank Ltd Old Padra Raod branch?

The branch is located at Suryakiran Complex, Old Pdra Road, Vadodara - 390015.

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.

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