Greater Bombay Co-operative Bank
ANDHERI BRANCH BRANCH
+912265201548
Understanding IFSC Code: The Digital DNA of Greater Bombay Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the ANDHERI BRANCH
branch of Greater Bombay Co-operative Bank, the code GBCB0000007 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the GBCB0000007 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"GBCB" represents Greater Bombay Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for ANDHERI BRANCH
Payment Systems Supported by GBCB0000007
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—400095007—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Greater Bombay Co-operative Bank in ANDHERI typically follows the RBI holiday calendar. Digital transfers via GBCB0000007 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While GBCB0000007 is the valid code for ANDHERI BRANCH at ANDHERI, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Greater Bombay Co-operative Bank Branch List
- • ANDHERI IFSC Codes
- • Swift Code for Greater Bombay Co-operative Bank
- • Bank Holiday in MAHARASHTRA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
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- • Currency Converter
Branch Context
- • ANDHERI BRANCH Contact
- • Address of Greater Bombay Co-operative Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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