NKGSB COOPERATIVE BANK LIMITEDVerified Feb 2026

NKGSB COOPERATIVE BANK LIMITED IFSC Code – PAREL, MUMBAI

Complete bank details including IFSC code, MICR code, address and payment facilities for PAREL branch.

IFSC Code
NKGS0000029

Bank Details

Bank NameNKGSB COOPERATIVE BANK LIMITED
Branch NamePAREL
IFSC CodeNKGS0000029
MICR Code400086023
AddressCENTRE POINT,UNIT NO 10, DR.BABASAHEB AMBEDKAR ROAD,OPP.BHARATMATA TALKIES, PAREL, MUMBAI 400 012.
CityMUMBAI
StateMAHARASHTRA
Contact24155137

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code NKGS0000029

The IFSC code NKGS0000029 uniquely identifies the PAREL branch of NKGSB COOPERATIVE BANK LIMITED located in MUMBAI, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code NKGS0000029

  • First 4 characters (NKGS) – Represents NKGSB COOPERATIVE BANK LIMITED bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000029) – Unique branch identifier for PAREL

How to Use IFSC Code NKGS0000029

To transfer money to any account at NKGSB COOPERATIVE BANK LIMITED PAREL branch, you will need to provide the IFSC code NKGS0000029 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at PAREL

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About NKGSB COOPERATIVE BANK LIMITED PAREL Branch

NKGSB COOPERATIVE BANK LIMITED PAREL is a branch of NKGSB COOPERATIVE BANK LIMITED located in MUMBAI, MAHARASHTRA. The branch provides comprehensive banking services to customers in MUMBAI and surrounding areas.

Branch Address

CENTRE POINT,UNIT NO 10, DR.BABASAHEB AMBEDKAR ROAD,OPP.BHARATMATA TALKIES, PAREL, MUMBAI 400 012., MUMBAI, MAHARASHTRA

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 400086023. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of NKGSB COOPERATIVE BANK LIMITED PAREL?

The IFSC code of NKGSB COOPERATIVE BANK LIMITED PAREL branch in MUMBAI is NKGS0000029.

What is the MICR code of NKGSB COOPERATIVE BANK LIMITED PAREL?

The MICR code of NKGSB COOPERATIVE BANK LIMITED PAREL branch is 400086023.

What is the address of NKGSB COOPERATIVE BANK LIMITED PAREL?

NKGSB COOPERATIVE BANK LIMITED PAREL branch is located at CENTRE POINT,UNIT NO 10, DR.BABASAHEB AMBEDKAR ROAD,OPP.BHARATMATA TALKIES, PAREL, MUMBAI 400 012..

Does NKGSB COOPERATIVE BANK LIMITED PAREL support NEFT/RTGS/IMPS?

NKGSB COOPERATIVE BANK LIMITED PAREL branch supports NEFT, RTGS, IMPS, and UPI transactions.