Use this page as a one-stop reference for everything related to The Gujarat State Cooperative Bank Limited's THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR branch in BHUJ, GUJARAT. The branch's IFSC code GSCB0UTBM07 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, GSCB0UTBM07 is the IFSC of The Gujarat State Cooperative Bank Limited's THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR branch. The format is fixed: GSCB = bank code, 0 = reserved, UTBM07 = branch identifier.
About The Gujarat State Cooperative Bank Limited
The Gujarat State Cooperative Bank Limited operates a wide network of branches across India, including the The Bhuj Mercantile Coop Bank Ltd Madhapar branch in Bhuj. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, GSCB0UTBM07.
Branch details at a glance
| Bank Name | The Gujarat State Cooperative Bank Limited |
|---|---|
| Branch | The Bhuj Mercantile Coop Bank Ltd Madhapar |
| IFSC Code | GSCB0UTBM07 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPP. AXIS BANK, NAVAVAS, MADHAPAR KUTCH 370020 |
| City | Bhuj |
| District | Kutch |
| State | Gujarat |
| STD Code | 2832 |
| Phone | 242750 |
About this branch
The branch is located at OPP. AXIS BANK, NAVAVAS, MADHAPAR KUTCH 370020. It serves the Bhuj region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Gujarat State Cooperative Bank Limited. The IFSC GSCB0UTBM07 is used to identify this branch on the RBI payments network.
Why every The Gujarat State Cooperative Bank Limited branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR of The Gujarat State Cooperative Bank Limited — its own 11-character IFSC. The code GSCB0UTBM07 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC GSCB0UTBM07 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the The Bhuj Mercantile Coop Bank Ltd Madhapar branch
Once you have an account at The Gujarat State Cooperative Bank Limited – THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR, the IFSC GSCB0UTBM07 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the The Bhuj Mercantile Coop Bank Ltd Madhapar branch can access most of The Gujarat State Cooperative Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC GSCB0UTBM07
How to transfer money using IFSC GSCB0UTBM07
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC GSCB0UTBM07 across all three.
NEFT to The Gujarat State Cooperative Bank Limited, THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR using IFSC GSCB0UTBM07
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC GSCB0UTBM07, and confirm that the system picks up The Gujarat State Cooperative Bank Limited – THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC GSCB0UTBM07
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to The Gujarat State Cooperative Bank Limited – THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR, ensure your bank's portal accepts IFSC GSCB0UTBM07 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Gujarat State Cooperative Bank Limited THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR (IFSC GSCB0UTBM07)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC GSCB0UTBM07 in your mobile or internet banking app, and the money is credited to the THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC GSCB0UTBM07 for The Gujarat State Cooperative Bank Limited – THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – GSCB0UTBM07 | Yes – GSCB0UTBM07 | Yes – GSCB0UTBM07 |
For most retail customers crediting the The Bhuj Mercantile Coop Bank Ltd Madhapar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at The Gujarat State Cooperative Bank Limited's THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR branch, the IFSC GSCB0UTBM07 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the The Bhuj Mercantile Coop Bank Ltd Madhapar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC GSCB0UTBM07 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the The Bhuj Mercantile Coop Bank Ltd Madhapar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC GSCB0UTBM07 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC GSCB0UTBM07
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Gujarat State Cooperative Bank Limited – THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
GSCB0UTBM07. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The The Bhuj Mercantile Coop Bank Ltd Madhapar branch sits at OPP. AXIS BANK, NAVAVAS, MADHAPAR KUTCH 370020. If you are travelling from outside Bhuj, search for the branch on a maps application using the bank name and locality, or call 2832-242750 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC GSCB0UTBM07 and your account number.
Verifying IFSC GSCB0UTBM07 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm GSCB0UTBM07 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2832-242750.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at The Bhuj Mercantile Coop Bank Ltd Madhapar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to GSCB0UTBM07 continue to work without interruption.
Branch address & contact
The Gujarat State Cooperative Bank LimitedThe Bhuj Mercantile Coop Bank Ltd Madhapar Branch
OPP. AXIS BANK, NAVAVAS, MADHAPAR KUTCH 370020
Bhuj, Gujarat
Phone: 2832-242750
IFSC: GSCB0UTBM07
Frequently asked questions
Is IFSC GSCB0UTBM07 the same for all accounts at The Bhuj Mercantile Coop Bank Ltd Madhapar branch?
Yes. The IFSC GSCB0UTBM07 is shared by every account held at The Gujarat State Cooperative Bank Limited's The Bhuj Mercantile Coop Bank Ltd Madhapar branch. Only the account number changes from customer to customer.
What is the phone number of The Gujarat State Cooperative Bank Limited The Bhuj Mercantile Coop Bank Ltd Madhapar branch?
You can reach the branch at 2832-242750 during regular banking hours.
Is IFSC GSCB0UTBM07 valid for NEFT and RTGS?
Yes. IFSC GSCB0UTBM07 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC GSCB0UTBM07 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC GSCB0UTBM07 to send funds instantly.
How do I add The Gujarat State Cooperative Bank Limited The Bhuj Mercantile Coop Bank Ltd Madhapar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC GSCB0UTBM07, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is The Gujarat State Cooperative Bank Limited The Bhuj Mercantile Coop Bank Ltd Madhapar branch located?
The Gujarat State Cooperative Bank Limited's The Bhuj Mercantile Coop Bank Ltd Madhapar branch is located at OPP. AXIS BANK, NAVAVAS, MADHAPAR KUTCH 370020, Bhuj, Gujarat.
What is the IFSC code of The Gujarat State Cooperative Bank Limited The Bhuj Mercantile Coop Bank Ltd Madhapar branch?
The IFSC code of The Gujarat State Cooperative Bank Limited, The Bhuj Mercantile Coop Bank Ltd Madhapar branch is GSCB0UTBM07. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using GSCB0UTBM07 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Gujarat State Cooperative Bank Limited – The Bhuj Mercantile Coop Bank Ltd Madhapar reflect within 30 minutes.
Final notes
To recap: GSCB0UTBM07 is the IFSC code of The Gujarat State Cooperative Bank Limited, THE BHUJ MERCANTILE COOP BANK LTD MADHAPAR branch, in BHUJ, GUJARAT. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
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