NKGSB Cooperative Bank Limited IFSC Code KODIALBAIL ( NKGS0000097) & Branch Contact Details

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For smooth and secure banking transactions at the NKGSB Cooperative Bank Limited, visit the branch at GR.FLOOR,SHOP NO 1,2 AND 3,AADESH AVENUE,KALAKUNJ ROAD,NEAR BASANT WOMENS COLLEGE,KODIALBAIL,MANGALURU 575003. The IFSC code for this location is NKGS0000097. You can visit branch from Monday to Saturday between 10 AM and 4 PM. Please note that the branch is closed on the 2nd and 4th Saturdays of every month.

NKGSB Cooperative Bank Limited KODIALBAIL IFSC code : NKGS0000097
IFSC Code NKGS0000097

(Used for RTGS and NEFT transactions)

Bank NKGSB Cooperative Bank Limited
Address GR.FLOOR,SHOP NO 1,2 AND 3,AADESH AVENUE,KALAKUNJ ROAD,NEAR BASANT WOMENS COLLEGE,KODIALBAIL,MANGALURU 575003
City MANGALURU
District DAKSHIN KANNAD
State KARNATAKA
Branch KODIALBAIL
Phone Number 22-67545083
Customer Care 18002671917

 

Difference Between IFSC, MICR and SWIFT Code

The IFSC, MICR, and SWIFT codes are essential components of banking transactions, serving unique purposes in financial transfers. IFSC (Indian Financial System Code) is a unique 11-character code used primarily in India to facilitate electronic money transfers between banks specifically within the NEFT and RTGS systems. MICR (Magnetic Ink Character Recognition) is a 9-digit code that helps in processing cheques faster, ensuring that transactions are secure and efficient. SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, on the other hand, are used for international money transfers, identifying banks globally so that money can reach the correct destination across borders.

Tabular Comparison:

Feature IFSC Code MICR Code SWIFT Code
Length 11 characters 9 digits 8 or 11 characters
Purpose Facilitates electronic transfers within India Facilitates fast and accurate cheque processing Facilitates international bank transactions
Usage Used in NEFT, RTGS, and IMPS Used in cheque clearing Used in international fund transfers
Geographical Applicability Only applicable in India Predominantly used in India Used worldwide
Nature of Code Alphanumeric Numeric (with special characters in ink) Alphanumeric

 

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