Gujarat State Co-operative Bank Memnagar Branch
Memnagar Branch · Ahmedabad, Gujarat
380124029 is the MICR code for the Memnagar Branch branch of Gujarat State Co-operative Bank, located in Ahmedabad, Gujarat. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code GSCB0000029.
Bank
Gujarat State Co-operative Bank
Branch & Address
Memnagar Branch
The Gujarat State Co Operative Bank Ltd. , Shop No. 1, Spectrum Complex, Nr. Yash Aryan, Vivekanand Cross Road, Memnagar, Ahmedabad 380054.
Ahmedabad, Ahmedabad, Gujarat
Contact
+917929701618MICR Code Structure
380
City
124
Bank
029
Branch
City code 380 identifies the RBI clearing centre, bank code 124 identifies Gujarat State Co-operative Bank, and branch code 029 identifies this specific branch.
Online Payment Methods Supported
Other Gujarat State Co-operative Bank branches near Ahmedabad
Other banks in Ahmedabad, Gujarat
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (GSCB0000029) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 380124029 is in the middle, and your account number is on the right.