IFSCIndex

Nkgsb Co Operative Bank Mulund W IFSC Code

Nkgsb Co Operative Bank Logo

Nkgsb Co Operative Bank

NKGS0000024

IFSC · Used for NEFT, IMPS & RTGS

400086021

MICR · Used for Cheque Clearance

Branch

Mulund W

Address

Ground Floor, Alps Heights, Opp.396 Bus Stop, Off.dr.r.p.road, Mulund (w), Mumbai-400080, State-maharashtra.

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District

Mumbai

State

Maharashtra

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Frequently Asked Questions

About Nkgsb Co Operative Bank Mulund W (r P Road Mulund (w) - 0024), Mumbai

The IFSC code NKGS0000024 (lowercase: nkgs0000024) belongs to Nkgsb Co Operative Bank, specifically the Mulund W (r P Road Mulund (w) - 0024) branch located in Mumbai, Maharashtra.

The 5th character in the IFSC code NKGS0000024 is a zero (0), not the letter 'O'. The correct format is NKGS0000024 (lowercase: nkgs0000024), and not NKGSO000024. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Nkgsb Co Operative Bank Mulund W (r P Road Mulund (w) - 0024) in Mumbai, Maharashtra is NKGS0000024. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Nkgsb Co Operative Bank Mulund W (r P Road Mulund (w) - 0024) is located at Ground Floor, Alps Heights, Opp.396 Bus Stop, Off.dr.r.p.road, Mulund (w), Mumbai-400080, State-maharashtra., Mumbai, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Nkgsb Co Operative Bank Mulund W (r P Road Mulund (w) - 0024) is 400086021. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code NKGS0000024 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code NKGS0000024 by checking: (1) The top-left corner of any Nkgsb Co Operative Bank Mulund W (r P Road Mulund (w) - 0024) cheque leaf, (2) The first page of your Nkgsb Co Operative Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: NKGS0000024

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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NKGS
Bank Codechars 1–4
0Reservedchar 5
000024
Branch Codechars 6–11

NKGS0000024

What Each Part Means

Bank Code — NKGS
The first 4 characters uniquely identify Nkgsb Co Operative Bank at the national level. Every branch of Nkgsb Co Operative Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 000024
The final 6 characters 000024 uniquely identify this specific branch within the Nkgsb Co Operative Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code NKGS0000024
SegmentCharsValuePurpose
Bank Code1–4NKGSIdentifies Nkgsb Co Operative Bank
Reserved50RBI reserved (always 0)
Branch Code6–11000024Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchNKGS0000024400086021
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.