NKGSB COOPERATIVE BANK IFSC CODE MADGAON MARGAO

Bank Name NKGSB COOPERATIVE BANK LIMITED
State GOA
District MARGAO
Branch MADGAON
IFSC NKGS0000057 used in NEFT and RTGS fund tramsfer
MICR 403086004
Address REGENCY PLAZA, BEHIND POLICE STATION,COMBA, MADGAON - 403601
Contact 2710123

NKGSB COOPERATIVE BANK IFSC, MICR, Address in GOA, MARGAO District, MADGAON Branch

The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in the National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems. It is assigned by the Reserve Bank of India (RBI) to every bank branch that handles these transactions.

What is the IFSC Code of NKGSB COOPERATIVE BANK MADGAON Branch?

The IFSC code of NKGSB COOPERATIVE BANK MADGAON Branch is NKGS0000057. Here is the breakdown of the code:

  • The first four characters (NKGS) represent the bank code for NKGSB COOPERATIVE BANK.
  • The fifth character is always zero (0), reserved for future use.
  • The last six characters (000057) identify the specific branch of the bank

How to Find the IFSC Code of NKGSB COOPERATIVE BANK MADGAON Branch?

There are several ways to find the IFSC code of NKGSB COOPERATIVE BANK MADGAON Branch:

  1. Visit the official website of NKGSB COOPERATIVE BANK and search for the IFSC code using the branch locator tool.
  2. Check your NKGSB COOPERATIVE BANK passbook or account statement, where the IFSC code of the branch is usually printed.
  3. Contact the customer care of NKGSB COOPERATIVE BANK and ask for the IFSC code of the MADGAON branch.

Why is the IFSC Code of NKGSB COOPERATIVE BANK MADGAON Branch Important?

The IFSC code of NKGSB COOPERATIVE BANK MADGAON Branch is crucial for making electronic fund transfers, including NEFT, RTGS, and IMPS. The code ensures that the funds are transferred to the correct branch of the bank and the right account holder. Without the IFSC code, the transaction may be delayed or even fail.


Frequently Asked Questions

Here are some frequently asked questions about the NKGSB COOPERATIVE BANK MADGAON branch IFSC code:

What is an IFSC code?

An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code that identifies a particular bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.


How many characters are there in the NKGSB COOPERATIVE BANK MADGAON branch IFSC code?

The NKGSB COOPERATIVE BANK MADGAON branch IFSC code consists of 11 characters


What is the format of the NKGSB COOPERATIVE BANK MADGAON branch IFSC code?

The format of the NKGSB COOPERATIVE BANK MADGAON branch IFSC code is as follows: NKGSXXXXXXX, where the first four characters represent the bank code, the fifth character is a zero, and the last six characters identify the branch


Why is the NKGSB COOPERATIVE BANK MADGAON branch IFSC code important?

The NKGSB COOPERATIVE BANK MADGAON branch IFSC code is important because it is used to transfer funds between banks through the NEFT system. Without the correct IFSC code, your transaction may fail, and your funds may not reach the intended recipient


How can I find the NKGSB COOPERATIVE BANK MADGAON branch IFSC code?

You can find the NKGSB COOPERATIVE BANK MADGAON branch IFSC code on the official NKGSB COOPERATIVE BANK website, on your bank account passbook, cheque book, or account statement


Can I transfer funds using the NKGSB COOPERATIVE BANK MADGAON branch IFSC code?

Yes, you can transfer funds using the NKGSB COOPERATIVE BANK MADGAON branch IFSC code through the NEFT system. You need to log in to your online banking account, select the NEFT transfer option, enter the beneficiary's details, including their bank account number and IFSC code, and authorize the transaction.


Is it safe to use the NKGSB COOPERATIVE BANK MADGAON branch IFSC code for online transactions?

Yes, it is safe to use the NKGSB COOPERATIVE BANK MADGAON branch IFSC code for online transactions. The NEFT system is a secure and reliable way to transfer funds between banks.

List of Other Branches of NKGSB COOPERATIVE BANK, MARGAO District, GOA