IFSC code for Nilambur Co-operative Urban Bank, Nilambur main branch, Malappuram, Kerala

Updated on: Friday, November 1, 2024

IFSC CODE

NCUB0000101

Nilambur Co-operative Urban Bank

Nilambur Main Branch, Nilambur, Kerala
Address

P.b.no.10,nilambur Main Road,nilambur

Nilambur Co-operative Urban Bank

Nilambur Main Branch, Nilambur, Kerala

Address

P.b.no.10,nilambur Main Road,nilambur

Bank Details

IFSC Code

NCUB0000101

MICR Code

NA

Bank Code

(Based on IFSC)

NCUB

Bank Code

(Based on MICR)

NA

Contact

+914931220227

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IFSC Code of Nilambur Co-operative Urban Bank

Every Nilambur Co-operative Urban Bank branch in India has a unique Nilambur Co-operative Urban Bank IFSC Code. Nilambur Co-operative Urban Bank IFSC Code enables Nilambur Co-operative Urban Bank account holders to send and receive money electronically. Nilambur Co-operative Urban 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 Nilambur Co-operative Urban Bank IFSC Code NCUB0000101

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., NCUB, denotes the name of the bank which is Nilambur Co-operative Urban Bank.

  • The fifth character is 0.

  • The last six digits of the code, i.e., 000101, represents the branch which is Nilambur Co-operative Urban Bank

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MICR Code of Nilambur Co-operative Urban Bank

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