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 Thane Bharat Sahakari Bank Limited for its Ghodbundar Road branch in Thane, Thane, Maharashtra, 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 Thane Bharat Sahakari Bank Limited situated in Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code TBSB0000016. 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 Thane Bharat Sahakari Bank Limited, Ghodbundar Road, Thane
The table below shows the main details of the IFSC Code TBSB0000016 for the The Thane Bharat Sahakari Bank Limited branch in Thane, which falls under the Thane district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Thane Bharat Sahakari Bank Limited |
| IFSC Code | TBSB0000016 |
| Branch | Ghodbundar Road |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Siddeshwar Arcade, Opp Suraj Water Park, Ghodbunder Road, Thane West |
These details helps users in online banking and for businesses and individuals who use The Thane Bharat Sahakari Bank Limited in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TBSB0000016 for the Ghodbundar Road branch of The Thane Bharat Sahakari Bank Limited plays a vital 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 Thane Bharat Sahakari Bank Limited located in Ghodbundar Road, Thane, Maharashtra, are allotted a unique IFSC like TBSB0000016 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Thane and Thane.
- 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 Thane Bharat Sahakari Bank Limited in Ghodbundar Road reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code TBSB0000016
This is the format of the IFSC Code for banks, including The Thane Bharat Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Thane Bharat Sahakari 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 Ghodbundar Road in Thane.
For example, the IFSC Code TBSB0000016 of The Thane Bharat Sahakari Bank Limited for the Ghodbundar Road branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for The Thane Bharat Sahakari Bank Limited?
To find the IFSC Code TBSB0000016 of The Thane Bharat Sahakari Bank Limited for its Ghodbundar Road branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by The Thane Bharat Sahakari 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 Thane Bharat Sahakari Bank Limited branches in Thane and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Thane Bharat Sahakari Bank Limited and go to the branch locator section. Then search for Ghodbundar Road or Thane to find the exact IFSC Code TBSB0000016.
Mobile Banking App
If you use The Thane Bharat Sahakari 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 Thane Bharat Sahakari Bank Limited and Thane will provide accurate information.
How to Use IFSC Code TBSB0000016 for Online Transfers?
Once you have the IFSC Code TBSB0000016 for the Ghodbundar Road branch of The Thane Bharat Sahakari Bank Limited in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code TBSB0000016. 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 Thane Bharat Sahakari Bank Limited IFSC Code TBSB0000016.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Thane Bharat Sahakari Bank Limited Ghodbundar Road in Thane, 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 Thane Bharat Sahakari Bank Limited in Ghodbundar Road, 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 Thane Bharat Sahakari Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is TBSB0000016.
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 Siddeshwar Arcade, Opp Suraj Water Park, Ghodbunder Road, Thane West located in Thane, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.