IFSC code for Nilambur Co-operative Urban Bank, Wandoor evening branch, Malappuram, Kerala
Updated on: Friday, November 1, 2024
IFSC CODE
NCUB0000014
Nilambur Co-operative Urban Bank
Wandoor Evening Branch, Wandoor, Kerala
Address
Kalikavu Road,wandoor.p.o,pin 679328
Nilambur Co-operative Urban Bank
Wandoor Evening Branch, Wandoor, Kerala
Address
Kalikavu Road,wandoor.p.o,pin 679328
Bank Details
IFSC Code
NCUB0000014
MICR Code
679792112
Bank Code
(Based on IFSC)
NCUB
Bank Code
(Based on MICR)
792
Contact
+914931246051
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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.
Format of Nilambur Co-operative Urban Bank IFSC Code NCUB0000014
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., 000014, 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.