IFSC Code NICB0000005 - New India Co-operative Bank-VERSOVA-Mumbai
| Detail | Information |
|---|---|
| IFSC Code | NICB0000005 |
| Bank Name | New India Co-operative Bank |
| Address | AMIT NAGAR, YARI RD, VERSOVA, MUMBAI 400 061 |
| District | Mumbai |
| State | Maharashtra |
| Branch | Versova |
| Contact | +912264532793 |
| Centre | Available |
| IMPS | Available |
| UPI | Not Available |
| MICR | 400085005 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MH |
| Bankcode | NICB |
Overview of NICB0000005
The IFSC code NICB0000005 is associated with the Mumbai VERSOVA Branch of New India Co-operative Bank. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many New India Co-operative Bank branches that cater to the banking needs of the local residents. The code "NICB" in NICB0000005 represents New India Co-operative Bank Bank, while 0000005 signifies the unique branch code for VERSOVA.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like NICB0000005, for the VERSOVA Branch, cannot be overstated. It acts as an address that identifies both the New India Co-operative Bank and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into NICB0000005
The IFSC code NICB0000005 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with New India Co-operative Bank in Mumbai. Let's break down the details:
- IFSC Code (NICB0000005): This unique code is essential for electronic fund transfers. The first four characters "NICB" represent the bank's name, New India Co-operative Bank. The last six characters "0000005" are a unique identifier for the VERSOVA branch.
- Bank Name (New India Co-operative Bank): One of [country]'s leading banks, New India Co-operative Bank offers a wide range of banking products and financial services to its vast customer base.
- Address (AMIT NAGAR, YARI RD, VERSOVA, MUMBAI 400 061): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
- Branch (VERSOVA): The [AREA_NAME] area in Mumbai is a hub of activity, and the New India Co-operative Bank branch here caters to both individual and business banking needs.
- Phone Number (+912264532793): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.