IFSC code for New India Co-operative Bank, Mahavir nagar, Brihan mumbai, Maharashtra

IFSC CODE

NICB0000026

New India Co-operative Bank

Mahavir Nagar, Mumbai, Maharashtra
Address

Veena Geet-sangeet Gangotri Yamunotri Bldg. Mahavir Nagar , Kandivali (west) Mumbai 400 067

New India Co-operative Bank

Mahavir Nagar, Mumbai, Maharashtra

Address

Veena Geet-sangeet Gangotri Yamunotri Bldg. Mahavir Nagar , Kandivali (west) Mumbai 400 067

Bank Details

IFSC Code

NICB0000026

MICR Code

400085026

Bank Code

(Based on IFSC)

NICB

Bank Code

(Based on MICR)

085

Contact

+912261373611

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IFSC Code of New India Co-operative Bank

Every New India Co-operative Bank branch in India has a unique New India Co-operative Bank IFSC Code. New India Co-operative Bank IFSC Code enables New India Co-operative Bank account holders to send and receive money electronically. New India Co-operative Bank 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.

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Format of New India Co-operative Bank IFSC Code NICB0000026

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., NICB, denotes the name of the bank which is New India Co-operative Bank.

  • The fifth character is 0.

  • The last six digits of the code, i.e., 000026, represents the branch which is New India Co-operative Bank

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MICR Code of New India Co-operative Bank

Every New India Co-operative Bank branch in India has a unique New India Co-operative Bank MICR Code. MICR code for New India Co-operative Bank  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 New India Co-operative Bank. 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.

Learn More About IFSC Code!

Frequently Asked Questions