RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters.
These codes help the users to ensure that the transferred funds go to the right person account, without any errors.
For example, we can take the IFSC code: “GGBK0001222” - of Gurgaon Gramin Bank (GGB) branch in Mahendergarh District, Haryana.
- Here, the first four alphabets, GGBK, indicate the bank name, i.e., Gurgaon Gramin Bank (GGB).
- The fifth digit is 0 (zero) - provided for future use
- The last six digits 001222 - denotes a particular branch of Mahendergarh District, Haryana.
This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Gurgaon Gramin Bank (GGB) account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via, NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.
Easy way to find Gurgaon Gramin Bank IFSC Code and MICR Code?
The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Gurgaon Gramin Bank (GGB). The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank’s official website.
Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.
About the Gurgaon Gramin Bank (GGB)
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Gurgaon Gramin Bank (GGB) was a Regional Rural Bank in March 1976 under RRBs Act, 1976. Its headquarters is located at Gurgaon, Haryana and it is supported by Syndicate Bank. On 9 December 2013, the Gurgaon Gramin Bank and Haryana Gram Bank was sponsored by Punjab National Bank were merged and renamed as the Sarva Haryana Gramin Bank. Its head-office is located at Rohtak and had total business of Rs.17,537 crore. At present, this bank is spread across 22 districts of Haryana. It has more than 11 regional offices and 650 branches. Now, it has become the largest and top bank among all regional rural banks in the nation.
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The primary objective of Sarva Haryana Gramin Bank is to provide secured saving schemes to the entire rural areas and also to assist people in their financial needs and make them financially independent.
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As per source, first the finance ministry planned to bring Haryana Gramin Bank (HGB) under GGB but after the recommendation of the state government, the amalgamation was done in favor of HGB. The bank has bagged first position in the state in formation of Farmer’s Club and it supported BPL families in the state for rendering financial assistance under Housing Board Scheme.
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The bank is focussing on Housing Loans, Car Loans, MSMEs and KCC above 10 lakh to increase the credit deposit ratio and promote micro credit dispensation through Self Help Groups, JLGs etc. The bank’s products are designed to meet all productive and consumption needs of its customers in a hassle-free manner with a holistic approach and make 100% financial inclusion in the villages.
Address :
Sarva Haryana Gramin Bank,
Sec-23A, Dharam Colony Hans Park,
Carterpuri Road, Gurgaon,
Haryana, India.
For further details contact: 0124-2368085.
Website: www.shgb.co.in