IFSC Code of The Gujarat State Cooperative Bank Limited, The Surat Mercantile Co Op Bank Ltd Laldarwaja Branch, Gujarat

Use this page as a one-stop reference for everything related to The Gujarat State Cooperative Bank Limited's THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch in SURAT, GUJARAT. The branch's IFSC code GSCB0SMCB05 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, GSCB0SMCB05 is the IFSC of The Gujarat State Cooperative Bank Limited's THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch. The format is fixed: GSCB = bank code, 0 = reserved, SMCB05 = 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 Surat Mercantile Co Op Bank Ltd Laldarwaja branch in Surat. 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, GSCB0SMCB05.

About the The Surat Mercantile Co Op Bank Ltd Laldarwaja branch

The The Surat Mercantile Co Op Bank Ltd Laldarwaja branch of The Gujarat State Cooperative Bank Limited is situated at UTKARSH, 7-359-60, MODI COMPOUND, LALDARWAJA MAIN ROAD, 395003. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code GSCB0SMCB05 is used.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how The Gujarat State Cooperative Bank Limited's THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch came to be assigned the code GSCB0SMCB05.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC GSCB0SMCB05, money simply cannot be routed to the THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch electronically.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Gujarat State Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC GSCB0SMCB05 and the account number together uniquely identify the The Surat Mercantile Co Op Bank Ltd Laldarwaja branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC GSCB0SMCB05

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 GSCB0SMCB05 across all three.

How to use IFSC GSCB0SMCB05 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Gujarat State Cooperative Bank Limited's THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC GSCB0SMCB05.
4. Confirm the bank name auto-populates as The Gujarat State Cooperative Bank Limited and the branch as THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC GSCB0SMCB05

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 SURAT MERCANTILE CO OP BANK LTD LALDARWAJA, ensure your bank's portal accepts IFSC GSCB0SMCB05 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to The Gujarat State Cooperative Bank Limited – THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA, use IMPS. With IFSC GSCB0SMCB05 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to The Surat Mercantile Co Op Bank Ltd Laldarwaja

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC GSCB0SMCB05:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA is still linked to IFSC GSCB0SMCB05.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

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 SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch, the IFSC GSCB0SMCB05 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.

Products and account variants supported

Every account opened at the The Surat Mercantile Co Op Bank Ltd Laldarwaja branch is mapped to IFSC GSCB0SMCB05 on the RBI payments network. The branch generally supports the full retail product catalogue of The Gujarat State Cooperative Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains GSCB0SMCB05.

Banking services available

The The Surat Mercantile Co Op Bank Ltd Laldarwaja branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 261-2532933.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC GSCB0SMCB05

Online banking and IFSC GSCB0SMCB05

The Gujarat State Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC GSCB0SMCB05 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Reaching the branch

The The Surat Mercantile Co Op Bank Ltd Laldarwaja branch sits at UTKARSH, 7-359-60, MODI COMPOUND, LALDARWAJA MAIN ROAD, 395003. If you are travelling from outside Surat, search for the branch on a maps application using the bank name and locality, or call 261-2532933 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 GSCB0SMCB05 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to The Gujarat State Cooperative Bank Limited – THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA:

• The IFSC is exactly GSCB0SMCB05 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Gujarat State Cooperative Bank Limited as the bank name and THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The The Surat Mercantile Co Op Bank Ltd Laldarwaja branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC GSCB0SMCB05, however, work 24x7.

Verifying IFSC GSCB0SMCB05 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 GSCB0SMCB05 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 261-2532933.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code GSCB0SMCB05 belongs to The Gujarat State Cooperative Bank Limited's THE SURAT MERCANTILE CO OP BANK LTD LALDARWAJA branch, located at UTKARSH, 7-359-60, MODI COMPOUND, LALDARWAJA MAIN ROAD, 395003 in SURAT, GUJARAT. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.