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 Girgaoon Jss Road 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 NKGS0000079. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Nkgsb Cooperative Bank Limited, Girgaoon Jss Road, Mumbai
Here are the key points that are associated with the IFSC Code NKGS0000079 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 | NKGS0000079 |
| Branch | Girgaoon Jss Road |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Anna Balwant Building, J.S.S Road,Krantiveer Rajguru Marg,Girgaum,Mumbai- 400 004 |
These details are essential not only for online banking users but also for businesses and individuals who use Nkgsb Cooperative Bank Limited in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NKGS0000079 for the Girgaoon Jss Road 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Nkgsb Cooperative Bank Limited located in Girgaoon Jss Road, Mumbai, Maharashtra, are given a unique IFSC like NKGS0000079 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 Girgaoon Jss Road 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 NKGS0000079
This is the format of the IFSC Code for banks, including Nkgsb Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Nkgsb Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Girgaoon Jss Road in Mumbai.
For example, the IFSC Code NKGS0000079 of Nkgsb Cooperative Bank Limited for the Girgaoon Jss Road 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 NKGS0000079 of Nkgsb Cooperative Bank Limited for its Girgaoon Jss Road 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 Girgaoon Jss Road or Mumbai to find the exact IFSC Code NKGS0000079.
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 NKGS0000079 for Online Transfers?
Once you have the IFSC Code NKGS0000079 for the Girgaoon Jss Road branch of Nkgsb Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NKGS0000079. Transfers are processed in batches. This is 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. Requires the recipient's account details and Nkgsb Cooperative Bank Limited IFSC Code NKGS0000079.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Nkgsb Cooperative Bank Limited Girgaoon Jss Road in Mumbai 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 Girgaoon Jss Road, 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 NKGS0000079.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Anna Balwant Building, J.S.S Road,Krantiveer Rajguru Marg,Girgaum,Mumbai- 400 004 located in Mumbai, Greater Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.