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IFSC Code of Nkgsb Cooperative Bank Limited, Kandivali(E), Mumbai, Maharashtra — NKGS0000025

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 Kandivali(E) branch in Mumbai, Mumbai, 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 NKGS0000025. 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, Kandivali(E), Mumbai

Here are some of the key details that come with the IFSC Code NKGS0000025 of Nkgsb Cooperative Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Nkgsb Cooperative Bank Limited
IFSC Code NKGS0000025
Branch Kandivali(E)
City Mumbai
District Mumbai
State Maharashtra
Address National Avenue, Ground Floor, Opp.Saibaba Hospital, Akurli Road,Mumbai-400 101

These details helps users in online banking and for businesses and individuals who use Nkgsb Cooperative Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NKGS0000025 for the Kandivali(E) branch of Nkgsb Cooperative Bank Limited plays a vital 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, including Nkgsb Cooperative Bank Limited located in Kandivali(E), Mumbai, Maharashtra, is provided with a unique IFSC like NKGS0000025 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 Mumbai.
  • 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 Kandivali(E) do not get mixed with another location.

Format of the IFSC Code NKGS0000025

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 Kandivali(E) in Mumbai.

For example, the IFSC Code NKGS0000025 of Nkgsb Cooperative Bank Limited for the Kandivali(E) 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 NKGS0000025 of Nkgsb Cooperative Bank Limited for its Kandivali(E) 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 Mumbai, 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 Kandivali(E) or Mumbai to find the exact IFSC Code NKGS0000025.

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 NKGS0000025 for Online Transfers?

If you have the IFSC Code NKGS0000025 for the Kandivali(E) 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 NKGS0000025. 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 NKGS0000025.

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 Kandivali(E) in Mumbai, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Nkgsb Cooperative Bank Limited in Kandivali(E), you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Nkgsb Cooperative Bank Limited in Kandivali(E), Mumbai?

The IFSC Code is NKGS0000025.

Is the IFSC Code NKGS0000025 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 Kandivali(E)?

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 Kandivali(E) branch?

The address of the branch is National Avenue, Ground Floor, Opp.Saibaba Hospital, Akurli Road,Mumbai-400 101 located in Mumbai, Mumbai, 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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