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IFSC Code of Nkgsb Cooperative Bank Limited, Bhiwandi, Thane, Maharashtra — NKGS0000090

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Nkgsb Cooperative Bank Limited for its Bhiwandi branch in Bhiwandi, Thane, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Nkgsb Cooperative Bank Limited situated in Bhiwandi or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code NKGS0000090. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Nkgsb Cooperative Bank Limited, Bhiwandi, Bhiwandi

Here are the key points that are associated with the IFSC Code NKGS0000090 of Nkgsb Cooperative Bank Limited for its branch located in Bhiwandi, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Nkgsb Cooperative Bank Limited
IFSC Code NKGS0000090
Branch Bhiwandi
City Bhiwandi
District Thane
State Maharashtra
Address Shop No 8,9 And 10 Ground Floor,City Center,C.T.S.No 8794,Dhamankar Naka,Bhiwandi Dist Thane 421302

These details are essential not only for online banking users but also for businesses and individuals who use Nkgsb Cooperative Bank Limited in Bhiwandi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NKGS0000090 for the Bhiwandi branch of Nkgsb Cooperative Bank Limited plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Nkgsb Cooperative Bank Limited located in Bhiwandi, Bhiwandi, Maharashtra, is provided a unique IFSC like NKGS0000090 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Nkgsb Cooperative Bank Limited branch in Bhiwandi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bhiwandi and Thane.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Nkgsb Cooperative Bank Limited in Bhiwandi do not get misguided to another person.

Format of the IFSC Code NKGS0000090

The format of the IFSC Code for banks, including Nkgsb Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Nkgsb Cooperative Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bhiwandi in Bhiwandi.

For example, the IFSC Code NKGS0000090 of Nkgsb Cooperative Bank Limited for the Bhiwandi branch includes these elements, identifying the bank and the branch location in Bhiwandi and Maharashtra accurately.

How to Find IFSC Code for Nkgsb Cooperative Bank Limited?

If you are trying to find the IFSC Code NKGS0000090 of Nkgsb Cooperative Bank Limited for its Bhiwandi branch located in Bhiwandi, the following methods can help:

Cheque Book

The cheque book issued by Nkgsb Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Nkgsb Cooperative Bank Limited branches in Bhiwandi and Thane, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Nkgsb Cooperative Bank Limited and navigate to the branch locator section. Search for Bhiwandi or Bhiwandi to get the exact IFSC Code NKGS0000090.

Mobile Banking App

If you use Nkgsb Cooperative Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Nkgsb Cooperative Bank Limited and Bhiwandi, you'll get the correct details.

How to Use IFSC Code NKGS0000090 for Online Transfers?

If you have the IFSC Code NKGS0000090 for the Bhiwandi branch of Nkgsb Cooperative Bank Limited in Bhiwandi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NKGS0000090. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Nkgsb Cooperative Bank Limited IFSC Code NKGS0000090.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Nkgsb Cooperative Bank Limited Bhiwandi in Bhiwandi, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Nkgsb Cooperative Bank Limited in Bhiwandi, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Nkgsb Cooperative Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Bhiwandi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Nkgsb Cooperative Bank Limited in Bhiwandi, Bhiwandi?

The IFSC Code is NKGS0000090.

Is the IFSC Code NKGS0000090 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Nkgsb Cooperative Bank Limited Bhiwandi?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhiwandi branch?

The address of the branch is Shop No 8,9 And 10 Ground Floor,City Center,C.T.S.No 8794,Dhamankar Naka,Bhiwandi Dist Thane 421302 located in Bhiwandi, Thane, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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