NICB0000023 IFSC Code, NEW INDIA CO-OPERATIVE BANK, MULUND (WEST)

IFSC Code of New India Co-operative Bank, Mulund (west), Maharashtra IFSC CODE & MICR CODE

NEW INDIA CO-OPERATIVE BANK, MULUND (WEST) - NICB0000023

  • Bank name: NEW INDIA CO-OPERATIVE BANK

Bank Address: Golden Willows Sociery, Shop No.1 & 2, Ground Floor, Vasant Gardens Off Lbs Marg, Mulund (w), Mumbai- 400081

  • IFSC Code nicb0000023
  • Bank Code NICB
  • Bank name NEW INDIA CO-OPERATIVE BANK
  • Bank contact number +912264526164
  • Bank branch MULUND (WEST)
  • Bank ISO3166 Code IN-MH
  • Bank Center BRIHAN MUMBAI
  • MICR Code 400085023
  • State name MAHARASHTRA
  • District name BRIHAN MUMBAI
  • City name MUMBAI
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI Yes
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for NEW INDIA CO-OPERATIVE BANK, MULUND (WEST) branch is NICB0000023, ensures that your transactions are directed to the correct branch.

How to Use NICB0000023 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MULUND (WEST) branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.