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The cooperative sector has been playing distinct and significant role in the process of socio-economic development of the country. Therefore, cooperatives have been accepted as the best agency for agricultural credit with their organizational potential to reach millions of farmers and thereby establish the grass-root contacts. Cooperatives are a major economic force in developed countries and a powerful business model in developing ones. View more
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Fixed Deposit

5.75%

Individual (365 Days)

6.25%

Senior Citizen (365 Days)
More Rates
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The Gujarat State Co-operative Bank LTD.

Internet Banking

Internet banking is the system that provides the facility to the customer to conduct the financial and non-financial transactions from his net banking account. The user can transfer funds from his account to other accounts of the same bank/different bank using a website or an online application.

The customer using this facility can conduct transactional and non-transactional tasks including:

  • View / download account statements.
  • Check the history of the transactions for a given period by the concerned bank.
  • Transfer funds via NEFT / RTGS / IMPS
  • Cheque related functions like Order Cheque Books, stop / revoke cheque etc
Internet Banking

Mobile Banking

Mobile banking is just the thing you need when you are on the move. In the absence of a laptop/computer, your GSC Bank mobile app is the answer to all your banking needs. Be it a bill payment, phone recharge or a fund transfer, a mobile app takes care of all your basic banking needs. Our mobile banking gives you the freedom to bank irrespective of the place or time. You may be commuting or waiting at the airport, your mobile app is always handy!

The customer using this facility can conduct transactional and non-transactional tasks including:

  • View / download account statements.
  • Check the history of the transactions for a given period by the concerned bank.
  • Transfer funds via NEFT / RTGS / IMPS
  • Cheque related functions like Order Cheque Books, stop / revoke cheque etc.
  • Pay any kind of bill, recharge mobiles, DTH connections, etc.

NEFT

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this system, individuals can electronically transfer funds from their account to any individual having an account with any other bank branch in the country participating in the system.

NEFT can be done through

Timings : 24 x 7 x 365 on Digital Banking Channels

Transaction Limits (Digital Banking Channel)

Type of AccountLimit / TransactionLimit / DayCharges
Savings AccountRs. 2,00,000Rs. 5,00,000Nil
Current AccountRs. 2,00,000Rs. 5,00,000Nil

RTGS

‘RTGS’ stands for Real Time Gross Settlement, which means continuous (real-time) settlement of funds individually on an order by order basis. ‘Real Time’ means the processing of instructions at the time they are received rather than at some later. Considering that the fund settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.

RTGS can be done through

Internet Banking Mobile Banking Branch Banking

Timings : 7:00 am to 5:30 pm on Digital Banking Channel

Transaction Limits (Digital Banking)

Type of AccountLimit / TransactionLimit / DayCharges
Savings AccountRs. 2,00,000 – 5,00,000Rs. 2,00,000 – 10,00,000Nil
Current AccountRs. 2,00,000 – 5,00,000Rs. 2,00,000 – 10,00,000Nil

IMPS

IMPS provides robust & real time fund transfer which offers an instant, 24X7, interbank electronic fund transfer service that could be accessed on multiple channels like Mobile, Internet, Branch and IMPS is an emphatic service which allows transferring of funds instantly within banks across India which is not only safe but also economical. Members currently on IMPS.
IMPS Live Members

IMPS can be done through

Internet Banking Mobile Banking Branch Banking

Timings : 24 x 7 x 365 on digital channels

Transaction Limits (Digital Banking)

Type of AccountLimit / TransactionLimit / DayCharges
Savings AccountRs. 1,00,000Rs. 1,00,000Nil
Current AccountRs. 1,00,000Rs. 1,00,000Nil

UPI

UPI or Unified Payments Interface is an immediate real-time payment system that helps in instantly transferring the funds between the two bank accounts through a mobile platform. Hence, UPI is a concept that allows multiple bank accounts to get into a single mobile application.
UPI Members

UPI can be done through
Third Party Apps like Google Pay, PhonePe, PayTM etc.
Timings : 24 x 7 x 365

Transaction Limits

Limit / TransactionLimit / DayCharges
Rs. 50,000Rs. 1,00,000Nil

Bill Payments

GSC Bank Mobile Banking App now offers Bharat Bill Payment System (BBPS) services to facilitate payments of utility bills, mobile & DTH recharge and lots more

Bill Payments can be done through

Internet Banking Mobile Banking

Positive Pay System

Dear Customer,

Thank you for banking with us.

To make cheque transactions safer, the Reserve Bank of India (RBI) vide circular no. RBI/2020 21/41DPSS.CO.RPPD.No.309/04.07.005/2020-21 dated September 25, 2020 has asked all banks to introduce the Positive Pay System effective 01 January, 2021.

Positive Pay System enables an additional security layer to the cheque clearing process wherein, the issuer of the cheque submits cheque details as per the process mentioned below. When the beneficiary submits the cheque for clearing, the presented cheque details will be compared with the details provided to the Bank through Positive Pay.

To avail this facility, the account holder (drawer of the cheque) needs to share cheque details MANDATORY at the time of issuance of the cheques for amounts of INR 5,00,000/- and above. For the cheques for amounts of INR 50,000/- to INR 4,99,999/- is optional.

Cheque details to be submitted are as under:

  • Select Account Number
  • Beneficiary Name
  • Cheque Date
  • Cheque Number
  • MICR Code
  • Short Account Number
  • Transaction Code
  • Amount

 These details can be submitted by the account holder to the bank by either the Positive Pay Mobile Application of GSC Bank (Download from Google Play Store) or filling a simple Positive Pay form. (In case branch submission)

We request our customers to please make a note of the following:

  • Insufficient and incorrect details will lead to cheque return
  • To enable the validation through Positive Pay, the cheque detail mentioned above should be available with the bank one working day prior to the cheque presentation date.
  • Only cheques that are compliant with the Positive Pay System will be accepted under RBI dispute resolution mechanism between the presenting and paying banks.

Assuring you of our best services at all times

How to use this application?

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Download GSC Bank Positive Pay app

Scan QR to Download GSC Bank Positive Pay app