Bhavnagar District Co-operative Bank
Bhavnagar District Co-operative Bank IMPS BRANCH
+916358329401
Understanding IFSC Code: The Digital DNA of Bhavnagar District Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the Bhavnagar District Co-operative Bank IMPS
branch of Bhavnagar District Co-operative Bank, the code GSCB0BVN001 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 GSCB0BVN001 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"GSCB" represents Bhavnagar District Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for Bhavnagar District Co-operative Bank IMPS
Payment Systems Supported by GSCB0BVN001
| 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——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 Bhavnagar District Co-operative Bank in MAHUVA typically follows the RBI holiday calendar. Digital transfers via GSCB0BVN001 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 GSCB0BVN001 is the valid code for Bhavnagar District Co-operative Bank IMPS at MAHUVA, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
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Financial Tools
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Branch Context
- • Bhavnagar District Co-operative Bank IMPS Contact
- • Address of Bhavnagar District Co-operative Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
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- • IFSC Finder v2.0
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