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 Sinhagad Road branch in Pune, Pune, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code NKGS0000070. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Nkgsb Cooperative Bank Limited, Sinhagad Road, Pune
The table below shows the main details of the IFSC Code NKGS0000070 for the Nkgsb Cooperative Bank Limited branch in Pune, which falls under the Pune district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Nkgsb Cooperative Bank Limited |
| IFSC Code | NKGS0000070 |
| Branch | Sinhagad Road |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Sundar Samrudhi Bldg, Near Kailas Jivan Factory,Dhayari Sinhagad Road,Pune-411041 |
These details help users in online banking and for businesses and individuals who use Nkgsb Cooperative Bank Limited in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NKGS0000070 for the Sinhagad Road branch of Nkgsb Cooperative Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Nkgsb Cooperative Bank Limited located in Sinhagad Road, Pune, Maharashtra, is provided a unique IFSC like NKGS0000070 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Nkgsb Cooperative Bank Limited branch in Pune.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pune and Pune.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Nkgsb Cooperative Bank Limited in Sinhagad Road do not get misguided to another person.
Format of the IFSC Code NKGS0000070
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 Sinhagad Road in Pune.
For example, the IFSC Code NKGS0000070 of Nkgsb Cooperative Bank Limited for the Sinhagad Road branch has these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.
How to Find IFSC Code for Nkgsb Cooperative Bank Limited?
If you are looking for the IFSC Code NKGS0000070 of Nkgsb Cooperative Bank Limited for its Sinhagad Road branch located in Pune, the following methods can help:
Cheque Book
The cheque book that is issued by Nkgsb Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Nkgsb Cooperative Bank Limited branches in Pune and Pune, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Nkgsb Cooperative Bank Limited and look for the branch locator section, then search for Sinhagad Road or Pune to get the exact IFSC Code NKGS0000070.
Mobile Banking App
If you use Nkgsb Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Nkgsb Cooperative Bank Limited and Pune, then it will provide you proper information.
How to Use IFSC Code NKGS0000070 for Online Transfers?
Once you have the IFSC Code NKGS0000070 for the Sinhagad Road branch of Nkgsb Cooperative Bank Limited in Pune, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NKGS0000070. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Nkgsb Cooperative Bank Limited IFSC Code NKGS0000070.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Nkgsb Cooperative Bank Limited Sinhagad Road in Pune, it can 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 Sinhagad Road, 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 Pune manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is NKGS0000070.
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 Sundar Samrudhi Bldg, Near Kailas Jivan Factory,Dhayari Sinhagad Road,Pune-411041 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.