Gandhibag Sahakari Bank Nagpur Gandhibag Sahakari Bank Nagpur Imps IFSC Code
Gandhibag Sahakari Bank Nagpur
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Gandhibag Sahakari Bank Nagpur Imps
District
Nagpur
State
Maharashtra
🔍 Search for another branch
Top Financial Tools for Gandhibag Sahakari Bank Nagpur Customers
Free calculators — no login required
Gandhibag Sahakari Bank Nagpur FD Calculator
Estimate fixed deposit maturity with quarterly compounding
Gandhibag Sahakari Bank Nagpur RD Calculator
Compute recurring deposit maturity with monthly deposits
Gandhibag Sahakari Bank Nagpur APY Calculator
Plan your Atal Pension Yojana monthly contribution & pension amount
Gandhibag Sahakari Bank Nagpur SSY Calculator
Calculate Sukanya Samriddhi Yojana maturity for your daughter
Frequently Asked Questions
About Gandhibag Sahakari Bank Nagpur Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001), Nagpur
The IFSC code YESB0GSB001 (lowercase: yesb0gsb001) belongs to Gandhibag Sahakari Bank Nagpur, specifically the Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001) branch located in Nagpur, Maharashtra.
The 5th character in the IFSC code YESB0GSB001 is a zero (0), not the letter 'O'. The correct format is YESB0GSB001 (lowercase: yesb0gsb001), and not YESBOGSB001. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Gandhibag Sahakari Bank Nagpur Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001) in Nagpur, Maharashtra is YESB0GSB001. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Gandhibag Sahakari Bank Nagpur Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001) is located at Chitnis Park Chowk Ruikar Rd Mahal Nagpur 440032, Nagpur, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR (Magnetic Ink Character Recognition) code of Gandhibag Sahakari Bank Nagpur Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001) is 440360000. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code YESB0GSB001 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code YESB0GSB001 by checking: (1) The top-left corner of any Gandhibag Sahakari Bank Nagpur Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001) cheque leaf, (2) The first page of your Gandhibag Sahakari Bank Nagpur passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: YESB0GSB001
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
YESB0GSB001
What Each Part Means
- Bank Code — YESB
- The first 4 characters uniquely identify Gandhibag Sahakari Bank Nagpur at the national level. Every branch of Gandhibag Sahakari Bank Nagpur across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — GSB001
- The final 6 characters GSB001 uniquely identify this specific branch within the Gandhibag Sahakari Bank Nagpur network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | YESB | Identifies Gandhibag Sahakari Bank Nagpur |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | GSB001 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Gandhibag Sahakari Bank Nagpur
Gandhibag Sahakari Bank Nagpur Imps (chitnis Park Chowk Ruikar - B001), Nagpur, Maharashtra
Cheque No.
00000001
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | YESB0GSB001 | 440360000 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.