NSE Clearing Limited, Mumbai, MUMBAI Branch IFSC Code

The IFSC code XNSE0000001 is assigned to NSE Clearing Limited, Mumbai located in MUMBAI, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name NSE Clearing Limited
IFSC Code XNSE0000001
MICR Code XNSE00001
Branch Code 000001
Branch Mumbai
City MUMBAI
District Mumbai
State MAHARASHTRA
Address EXCHANGE PLAZA,PLOT NO C/1, G BLOCK,BANDRA-KURLA COMPLEX,BANDRA (E), MUMBAI 400051 Maps

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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.

XNSE Bank Code
0 Reserved (0)
000001 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.

XNS City Code
E00 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 XNSE0000001 is the Indian Financial System Code assigned to NSE Clearing Limited, Mumbai branch in MUMBAI, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MUMBAI, Mumbai, MAHARASHTRA. The full address is: EXCHANGE PLAZA,PLOT NO C/1, G BLOCK,BANDRA-KURLA COMPLEX,BANDRA (E), MUMBAI 400051

The branch code is 000001. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of NSE Clearing Limited.

This branch supports the following electronic fund transfer services:

  • RTGS - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is XNSE00001. 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: XNSE0000001
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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