Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Nkgsb Cooperative Bank Limited for its Andheri branch in Mumbai, Greater Bombay, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Nkgsb Cooperative Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code NKGS0000064. You should definitely 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, Andheri, Mumbai
Here are some of the key details that come with the IFSC Code NKGS0000064 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 | NKGS0000064 |
| Branch | Andheri |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Ground Plus 1St Floor, Everest Grande , Plot No. 3A, Cts No. 46/34 Situate At Village Mulgaon, Mahakali Caves Road, Andheri (East), Mumbai ┬Û 400 093 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Nkgsb Cooperative Bank Limited in Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NKGS0000064 for the Andheri branch of Nkgsb Cooperative Bank Limited has an important role.
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, along with Nkgsb Cooperative Bank Limited located in Andheri, Mumbai, Maharashtra, are given a unique IFSC like NKGS0000064 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mumbai and Greater Bombay.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Nkgsb Cooperative Bank Limited in Andheri goes to the correct branch. This is important because Nkgsb Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code NKGS0000064
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 Andheri in Mumbai.
For example, the IFSC Code NKGS0000064 of Nkgsb Cooperative Bank Limited for the Andheri branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Nkgsb Cooperative Bank Limited?
To find the IFSC Code NKGS0000064 of Nkgsb Cooperative Bank Limited for its Andheri 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 Andheri or Mumbai to find the exact IFSC Code NKGS0000064.
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 NKGS0000064 for Online Transfers?
Once you have the IFSC Code NKGS0000064 for the Andheri 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 NKGS0000064. 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 NKGS0000064.
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 Andheri 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 Andheri, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is NKGS0000064.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Plus 1St Floor, Everest Grande , Plot No. 3A, Cts No. 46/34 Situate At Village Mulgaon, Mahakali Caves Road, Andheri (East), Mumbai ┬Û 400 093 located in Mumbai, Greater Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.