NKGSB Co-operative Bank, BHIWANDI, THANE Branch IFSC Code

The IFSC code NKGS0000090 is assigned to NKGSB Co-operative Bank, BHIWANDI located in THANE, 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 NKGS0000090
MICR Code 400086054
Branch Code 000090
Branch BHIWANDI
City THANE
District BHIWANDI
State MAHARASHTRA
Address SHOP NO 8,9 AND 10 GROUND FLOOR,CITY CENTER,C.T.S.NO 8794,DHAMANKAR NAKA,BHIWANDI DIST THANE 421302 Maps
Contact +9125222230322

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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)
000090 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.

400 City Code
086 Bank Code
054 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 NKGS0000090 is the Indian Financial System Code assigned to NKGSB Co-operative Bank, BHIWANDI branch in THANE, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in THANE, BHIWANDI, MAHARASHTRA. The full address is: SHOP NO 8,9 AND 10 GROUND FLOOR,CITY CENTER,C.T.S.NO 8794,DHAMANKAR NAKA,BHIWANDI DIST THANE 421302

The branch code is 000090. 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 400086054. 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: NKGS0000090
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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