LOCATE ANY BANK BRANCH IN INDIA
Zila Sahkari Bank at Ghaziabad was established in 1983. Earlier it was a part of Zila Sahkari Bank Ltd, Meerut. Since then bank is providing banking facility in rural as well as urban area of the district with its 33 branches covering district Ghaziabad, Hapur and part of Gautam Budh Nagar.
inception bank is catering to weaker and down trodden sections of the society.
The bank is providing all modern facilities and services to its customers. In a
short span of time the bank is able to achieve public faith and grow on one of
the leading co-operative bank in u.p. The customer friendly dealing of the bank
are always praised by the customer.
The bank has been executing vibrant and keen amenities to the people for the inclusive monetary expansion of the District general and Rural Development in particular.
It has grown as one of the leading bank in the State of Uttar Pradesh.
The bank got licence from RBI vide No. RPCD-LK11(DCCB)/2012. The bank has got a good reputation among all bank working at Ghaziabad, G.B. Nagar and Panchsheel Nagar district of Uttar Pradesh.
This bank is operating through it s Head Office located at A-20, RDC, Rajnagar, Ghaziabad, Uttar Pradesh(India) and it has grown as one of the leading bank in the State of Uttar Pradesh in the co-operative sector. The bank has been functioning as a self dependent profitable financial institution for last many years.
It has strong resource base of 33 branches as on 31st March 2013. Statutory Audit has been categorizing this bank under "A" category.
What is IFSC Code
IFSC is short for Indian Financial System Code and represents the 11 digit character that you can usually see on your bank’s cheque leaves, or other bank sponsored material. This 11 character code helps identify the individual bank branches that participate in the various online money transfer options like NEFT and RTGS.
How to find IFSC Code?
Ways to find IFSC codes
- IFSC code can be found on cheque leaf and bank passbook of the respective bank.
- Banks and respective branch list of IFSC codes can be obtained from Reserve Bank of India’s website.
- The IFSC code of a particular bank can also be found on the banks’ official website.
Benefits of IFSC Code
Benefits of IFSC Code are :
- Helps to identify a Bank and its respective branch
- Eliminates errors in the process of fund transfer
- Transfers done with IFSC such as NEFT, RTGS and IMPS are accurate
What is MICR Code
MICR or Magnetic Ink Character Recognition Code is a 9 digit code used for faster processing of cheques. MICR number is also unique for every bank branch, hence it helps in uniquely identifying the bank and branch participating in an Electronic Clearing System (ECS). MICR Code like IFSC is a combination of 3 essential components:
- The first 3 digits represent the city code.
- The middle 3 represent the particular bank code.
- The last 3 digits represent the specific branch code
Benefits of MICR Code
Benefits of MICR Codes are:
MICR code enables efficient, quick and error-free processing of cheques. This is possible with magnetic ink, reading machines and technology used in MICR.
Difference between IFSC and MICR code
ink character recognition code (MICR) is a technology that enables faster
processing of cheques by recognizing unique characters printed on the cheque.
MICR consists of a 9 digit code. The
first three digits of the MICR code represent the city, the next three give the
bank code and the last three digits denote the branch of the bank. Similar to
an IFSC code, every branch of a bank has a specific MICR code. While IFSC is
used for online fund transactions, MICR is used for cheques.
Let’s understand the difference between IFSC and MICR