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IFSC Code of Nkgsb Cooperative Bank Limited, Airoli, Greater Bombay, Maharashtra — NKGS0000068

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Nkgsb Cooperative Bank Limited for its Airoli branch in Mumbai, Greater Bombay, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Nkgsb Cooperative Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code NKGS0000068. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Nkgsb Cooperative Bank Limited, Airoli, Mumbai

Here are the key points that are associated with the IFSC Code NKGS0000068 of Nkgsb Cooperative Bank Limited for its branch located in Mumbai, within the district of Greater Bombay in the state of Maharashtra.

Particulars Details
Bank Nkgsb Cooperative Bank Limited
IFSC Code NKGS0000068
Branch Airoli
City Mumbai
District Greater Bombay
State Maharashtra
Address Shop No 10, Bhumi Colossa, Plot No 4, Sector- 19, Airoli, Navi Mumbai- 400 708

These details are important not only for users using online banking but also for businesses and individuals who use Nkgsb Cooperative Bank Limited in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NKGS0000068 for the Airoli branch of Nkgsb Cooperative Bank Limited is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Nkgsb Cooperative Bank Limited located in Airoli, Mumbai, Maharashtra, is provided with a unique IFSC like NKGS0000068 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Nkgsb Cooperative Bank Limited branch in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Mumbai and Greater Bombay.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Nkgsb Cooperative Bank Limited in Airoli do not get mixed with another location.

Format of the IFSC Code NKGS0000068

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): These represent the bank code. In Nkgsb Cooperative Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Airoli in Mumbai.

For example, the IFSC Code NKGS0000068 of Nkgsb Cooperative Bank Limited for the Airoli branch has these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Nkgsb Cooperative Bank Limited?

To find the IFSC Code NKGS0000068 of Nkgsb Cooperative Bank Limited for its Airoli branch located in Mumbai, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Nkgsb Cooperative Bank Limited branches in Mumbai and Greater Bombay, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Nkgsb Cooperative Bank Limited and go to the branch locator section. Then search for Airoli or Mumbai to find the exact IFSC Code NKGS0000068.

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 maintains an updated database of all IFSC codes. Searching for Nkgsb Cooperative Bank Limited and Mumbai will provide accurate information.

How to Use IFSC Code NKGS0000068 for Online Transfers?

Once you have the IFSC Code NKGS0000068 for the Airoli branch of Nkgsb Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code NKGS0000068. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Nkgsb Cooperative Bank Limited IFSC Code NKGS0000068.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Nkgsb Cooperative Bank Limited Airoli in Mumbai, your payment can get delayed or might not go through at all.

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 Airoli, 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 Mumbai 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 Airoli, Mumbai?

The IFSC Code is NKGS0000068.

Is the IFSC Code NKGS0000068 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Airoli branch?

The address of the branch is Shop No 10, Bhumi Colossa, Plot No 4, Sector- 19, Airoli, Navi Mumbai- 400 708 located in Mumbai, Greater Bombay, 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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