NKGSB Co-operative Bank, WALUJ -- AURANGABAD, AURANGABAD Branch IFSC Code

The IFSC code NKGS0000116 is assigned to NKGSB Co-operative Bank, WALUJ -- AURANGABAD located in AURANGABAD, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name NKGSB Co-operative Bank
IFSC Code NKGS0000116
MICR Code 431086003
Branch Code 000116
Branch WALUJ -- AURANGABAD
City AURANGABAD
District AURANGABAD
State MAHARASHTRA
Address GF-01,ANAND CONSUMER COMMERCIAL COMPLEX,X-309,MIDC,WALUJ INDUSTRIAL AREA,WALUJ,AURANGABAD 431136 Maps
Contact +912267545083

Nearby NKGSB Co-operative Bank Branches

GARKHEDA
AURANGABAD

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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)
000116 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
003 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 NKGS0000116 is the Indian Financial System Code assigned to NKGSB Co-operative Bank, WALUJ -- AURANGABAD branch in AURANGABAD, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in AURANGABAD, AURANGABAD, MAHARASHTRA. The full address is: GF-01,ANAND CONSUMER COMMERCIAL COMPLEX,X-309,MIDC,WALUJ INDUSTRIAL AREA,WALUJ,AURANGABAD 431136

The branch code is 000116. 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 431086003. 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: NKGS0000116
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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