IFSC Code, MICR Codes for NEW INDIA COOPERATIVE BANK LIMITED in MAHARASHTRA - BRIHAN MUMBAI - MUMBAI - MAJIVADE

NEW INDIA COOPERATIVE BANK LIMITED RTGS HO Branch in MUMBAI - Address, IFSC, MICR Code


IFSC Code

NICB0000018

MICR Code

400085018

Branch

MAJIVADE

Contact

64532787

Address

AMRAPALI ARCADE VASANT VIHAR 2ND POKHARAN RD MAJIWADE THANE (W) ?

City

MUMBAI

District

BRIHAN MUMBAI

State

MAHARASHTRA





What is IFSC Code of NEW INDIA COOPERATIVE BANK LIMITED situated at MAJIVADE- RTGS-HO?
IFSC Code of NEW INDIA COOPERATIVE BANK LIMITED situated at MAJIVADE - RTGS-HO is

NICB0000018

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.