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NKGSB Co-operative Bank · Mumbai

NKGS0000029: NKGSB Co-operative Bank, Parel

IFSC code NKGS0000029 belongs to the Parel branch of NKGSB Co-operative Bank in Mumbai, Maharashtra. Its MICR code is 400086023.

IFSC
NKGS0000029
MICR
400086023
Bank
NKGSB Co-operative Bank
Branch
Parel
District
Mumbai
State
Maharashtra
Phone
+912224155137

Branch address

NKGSB Co-operative Bank
Centre Point,Unit No 10, Dr.Babasaheb Ambedkar Road,Opp.Bharatmata Talkies, Parel, Mumbai 400 012.

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

NKGS is NKGSB Co-operative Bank's bank code, the fifth character 0 is kept for future use, and 000029 is the code of the Parel branch. In the MICR code 400086023, 400 is the city, 086 the bank and 023 the branch.

Other NKGSB Co-operative Bank branches in Mumbai

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of NKGSB Co-operative Bank's Parel branch (Mumbai, Maharashtra) is NKGS0000029.

  2. 400086023. MICR is printed at the bottom of the branch's cheques.

  3. Centre Point,Unit No 10, Dr.Babasaheb Ambedkar Road,Opp.Bharatmata Talkies, Parel, Mumbai 400 012.

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC NKGS0000029 with the beneficiary's account number.

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