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 Thane Castle Mill Road branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code NKGS0000077. 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, Thane Castle Mill Road, Thane
Here are the key points that are associated with the IFSC Code NKGS0000077 of Nkgsb Cooperative Bank Limited for its branch located in Thane, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Nkgsb Cooperative Bank Limited |
| IFSC Code | NKGS0000077 |
| Branch | Thane Castle Mill Road |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Shop No.15 ,16 Ground Floor, Vikas Complex,Castle Mill Road, Thane 400 601. |
These details help users in online banking and for businesses and individuals who use Nkgsb Cooperative Bank Limited in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NKGS0000077 for the Thane Castle Mill 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Nkgsb Cooperative Bank Limited located in Thane Castle Mill Road, Thane, Maharashtra, is provided with a unique IFSC like NKGS0000077 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 Thane.
- 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 Thane and Thane.
- 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 Thane Castle Mill Road do not get mixed with another location.
Format of the IFSC Code NKGS0000077
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 Thane Castle Mill Road in Thane.
For example, the IFSC Code NKGS0000077 of Nkgsb Cooperative Bank Limited for the Thane Castle Mill Road branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Nkgsb Cooperative Bank Limited?
If you are trying to find the IFSC Code NKGS0000077 of Nkgsb Cooperative Bank Limited for its Thane Castle Mill Road branch located in Thane, the following methods can help:
Cheque Book
The cheque books that are issued by Nkgsb Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Nkgsb Cooperative Bank Limited branches in Thane and Thane, 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 find the branch locator section. Search for Thane Castle Mill Road or Thane to get the exact IFSC Code NKGS0000077.
Mobile Banking App
If you use Nkgsb Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for Nkgsb Cooperative Bank Limited and Thane that will provide accurate information.
How to Use IFSC Code NKGS0000077 for Online Transfers?
Once you have the IFSC Code NKGS0000077 for the Thane Castle Mill Road branch of Nkgsb Cooperative Bank Limited in Thane, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NKGS0000077. 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 NKGS0000077.
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 Thane Castle Mill Road in Thane, it can 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 Thane Castle Mill 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Thane Castle Mill Road Thane branch is NKGS0000077.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shop No.15 ,16 Ground Floor, Vikas Complex,Castle Mill Road, Thane 400 601..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.