IFSC code for Nalanda Central Co-operative Bank Nalanda, Nalanda central co-operative bank nalanda imps, Bihar sharif, Maharashtra
Updated on: Wednesday, January 1, 2025
IFSC CODE
IBKL0780NCB
Nalanda Central Co-operative Bank Nalanda
Nalanda Central Co-operative Bank Nalanda Imps, Mumbai, Maharashtra
Address
Biharsharif,nalanda,803101
Nalanda Central Co-operative Bank Nalanda
Nalanda Central Co-operative Bank Nalanda Imps, Mumbai, Maharashtra
Address
Biharsharif,nalanda,803101
Bank Details
IFSC Code
IBKL0780NCB
MICR Code
803819002
Bank Code
(Based on IFSC)
NACX
Bank Code
(Based on MICR)
819
Contact
+916112233408
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IFSC Code of Nalanda Central Co-operative Bank Nalanda
Every Nalanda Central Co-operative Bank Nalanda branch in India has a unique Nalanda Central Co-operative Bank Nalanda IFSC Code. Nalanda Central Co-operative Bank Nalanda IFSC Code enables Nalanda Central Co-operative Bank Nalanda account holders to send and receive money electronically. Nalanda Central Co-operative Bank Nalanda IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Nalanda Central Co-operative Bank Nalanda IFSC Code IBKL0780NCB
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., IBKL, denotes the name of the bank which is Nalanda Central Co-operative Bank Nalanda.
The fifth character is 0.
The last six digits of the code, i.e., 780NCB, represents the branch which is Nalanda Central Co-operative Bank Nalanda
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MICR Code of Nalanda Central Co-operative Bank Nalanda
Every Nalanda Central Co-operative Bank Nalanda branch in India has a unique Nalanda Central Co-operative Bank Nalanda MICR Code. MICR code for Nalanda Central Co-operative Bank Nalanda can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Nalanda Central Co-operative Bank Nalanda. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.
