There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Gujarat State Cooperative Bank Limited for its Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali branch in Vadodara, Sadhli, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Gujarat State Cooperative Bank Limited situated in Vadodara or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code GSCB0USMM02. You should 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, Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali, Vadodara
Below in the table are the key details related to IFSC Code GSCB0USMM02 of The Gujarat State Cooperative Bank Limited for its branch located in Vadodara, within the district of Sadhli in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Gujarat State Cooperative Bank Limited |
| IFSC Code | GSCB0USMM02 |
| Branch | Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali |
| City | Vadodara |
| District | Sadhli |
| State | Gujarat |
| Address | Bazar,Sadhali 391250 |
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 GSCB0USMM02 for the Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali 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, including The Gujarat State Cooperative Bank Limited located in Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali, Vadodara, Gujarat, is provided with a unique IFSC like GSCB0USMM02 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Gujarat State Cooperative Bank Limited branch in Vadodara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Vadodara and Sadhli.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for The Gujarat State Cooperative Bank Limited in Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali do not get mixed with another location.
Format of the IFSC Code GSCB0USMM02
The format of the IFSC Code for banks, including The Gujarat State Cooperative Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Gujarat State Cooperative Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali in Vadodara.
For example, the IFSC Code GSCB0USMM02 of The Gujarat State Cooperative Bank Limited for the Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat correctly.
How to Find IFSC Code for The Gujarat State Cooperative Bank Limited?
If you are looking for the IFSC Code GSCB0USMM02 of The Gujarat State Cooperative Bank Limited for its Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali branch located in Vadodara, the following methods can help:
Cheque Book
The cheque book that is issued by The Gujarat State Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Gujarat State Cooperative Bank Limited branches in Vadodara and Sadhli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Gujarat State Cooperative Bank Limited and look for the branch locator section, then search for Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali or Vadodara to get the exact IFSC Code GSCB0USMM02.
Mobile Banking App
If you use The Gujarat State Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Gujarat State Cooperative Bank Limited and Vadodara, then it will provide you proper information.
How to Use IFSC Code GSCB0USMM02 for Online Transfers?
Once you have the IFSC Code GSCB0USMM02 for the Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali 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 GSCB0USMM02. 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 GSCB0USMM02.
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 Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali 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 differ from IFSC codes. If you are looking for the MICR code of The Gujarat State Cooperative Bank Limited in Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali, 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 Vadodara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shree Mahalaxmi Mercantile Co Operative Bank Ltd Sadhali Vadodara branch is GSCB0USMM02.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Bazar,Sadhali 391250.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.