New India Co-operative Bank IFSC Code NICB0000022

New India Co-operative Bank – PANCHPAKHADI

IFSC Code: NICB0000022

MICR Code: 400085022

Branch: PANCHPAKHADI

Bank: New India Co-operative Bank

Address: SHREEJI VILLE, ALEMIDA ROAD, PANCHPAKHADI, THAE (W) 400 601.

District: BRIHAN MUMBAI

State: MAHARASHTRA

Contact: +912264532791

Indian Financial System Code (IFSC): NICB0000022

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000022. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400085022

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.