NKGSB Co-operative Bank, AURANGABARD, AURANGABARD Branch IFSC Code

The IFSC code NKGS0000069 is assigned to NKGSB Co-operative Bank, AURANGABARD located in AURANGABARD, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name NKGSB Co-operative Bank
IFSC Code NKGS0000069
MICR Code 431086001
Branch Code 000069
Branch AURANGABARD
City AURANGABARD
District AURANGABARD
State MAHARASHTRA
Address GROUND FLOOR, KRISHIDHAN APARTMENT,PLOT NO 120, SAMARTH NAGAR, NR VARAD GANESH MANDIR, AURANGABAD-431 001 Maps
Contact +912402338809

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

NKGS Bank Code
0 Reserved (0)
000069 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

431 City Code
086 Bank Code
001 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code NKGS0000069 is the Indian Financial System Code assigned to NKGSB Co-operative Bank, AURANGABARD branch in AURANGABARD, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in AURANGABARD, AURANGABARD, MAHARASHTRA. The full address is: GROUND FLOOR, KRISHIDHAN APARTMENT,PLOT NO 120, SAMARTH NAGAR, NR VARAD GANESH MANDIR, AURANGABAD-431 001

The branch code is 000069. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of NKGSB Co-operative Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 431086001. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: NKGS0000069
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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