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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Nkgsb Cooperative Bank Limited for its Dahisar East Ashokvan branch in Mumbai, Greater Bombay, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector 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 NKGS0000092. 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, Dahisar East Ashokvan, Mumbai
Here are some of the key details that come with the IFSC Code NKGS0000092 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 | NKGS0000092 |
| Branch | Dahisar East Ashokvan |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Shankeshwarnagar Coop Hsg Soc.Shiv Vallabh Road,Ashokvan,Dahisar East Mumbai 400056 |
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 NKGS0000092 for the Dahisar East Ashokvan 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, along with Nkgsb Cooperative Bank Limited located in Dahisar East Ashokvan, Mumbai, Maharashtra, are allotted a unique IFSC like NKGS0000092 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 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 makes sure that money sent to Nkgsb Cooperative Bank Limited in Dahisar East Ashokvan reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code NKGS0000092
The format of the IFSC Code for banks, including Nkgsb Cooperative Bank Limited, has 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 Dahisar East Ashokvan in Mumbai.
For example, the IFSC Code NKGS0000092 of Nkgsb Cooperative Bank Limited for the Dahisar East Ashokvan branch includes 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 NKGS0000092 of Nkgsb Cooperative Bank Limited for its Dahisar East Ashokvan 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 Dahisar East Ashokvan or Mumbai to find the exact IFSC Code NKGS0000092.
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 NKGS0000092 for Online Transfers?
If you have the IFSC Code NKGS0000092 for the Dahisar East Ashokvan branch of Nkgsb Cooperative Bank Limited in Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NKGS0000092. 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 NKGS0000092.
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 Dahisar East Ashokvan in Mumbai, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Nkgsb Cooperative Bank Limited in Dahisar East Ashokvan, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is NKGS0000092.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shankeshwarnagar Coop Hsg Soc.Shiv Vallabh Road,Ashokvan,Dahisar East Mumbai 400056 located in Mumbai, Greater Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.