Bhagini Nivedita Sahakari Bank Limited
RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.
These codes help the users to ensure that the transferred funds go to the right person, without any errors.
For example, we can take BhaginiNiveditaSahakari Bank IFSC code: "BNSB0000002" - IFSC Code of BhaginiNiveditaSahakari Bank branch in Lakshmi Road, Narayan Peth, Pune, Maharashtra. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any BhaginiNiveditaSahakari Bank account or to other bank accounts.
- Here, the first four alphabets, BNSB, indicate the bank name, i.e., BhaginiNiveditaSahakari Bank.
- The fifth digit is 0 (zero) - provided for future use.
- The last six digits 000002 - denotes a particular branch of Lakshmi Road, Narayan Peth, Pune, Maharashtra.
The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another through electronic Instant Mobile Money Transfer service (IMPS), and Centralized Funds Management System (CFMS) instructed by RBI.
RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via, NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.
Easy way to find BhaginiNiveditaSahakari Bank IFSC Code and MICR Code?
If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by BhaginiNiveditaSahakari Bank.
The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.
Some of the popular financial comparison sites display the table carrying IFSC codes for BhaginiNiveditaSahakari Bank branches throughout India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for BhaginiNiveditaSahakari Bank. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.
ABOUT BHAGINI NIVEDITA SAHAKARI BANK
BhaginiNiveditaSahakari Bank Limited, was established by Shri VivekDadhe, an eminent Chartered Accountant and his enterprising wife Mrs.MeenakshiDadhe on 24 March 1974. They realized the financial prudence of women and established the bank "Managed by women for All". The bank is named after BhaginiNivedita, disciple of Swami Vivekanand, originally an Irish woman (name is Margaret Noble), who came to India and devoted her life in the service of mankind.
In the same way, the bank has uplifted thousands of households by inculcating in them financial discipline and by extending financial assistance on easy terms. "A bank that makes dreams worthwhile", in consonance with bank's emblem, since inception this bank is doing exemplary work by offering them loans at affordable interest rates to poor people and relieving from the clutches of private money lenders.
All the bank branches are fully computerized having Core Banking Software (CBS) and customers are offered services through various digital delivery channels such as ATM, POS, IMPS, mobile banking etc. The bank has its own Data Center and implemented adequate security controls and procedures to ensure security of electronic banking transactions. Many bank branches premises are owned by bank are located at convenient locations and have customer friendly pleasant interiors.
AWARDS RECEIVED BY BHAGINI NIVEDITA SAHAKARI BANK
The bank is awarded "Maintaining Gross Non-performing Assets below 5%" award by Pune ZillhaNagariSahakari Bank Association Limited in 2018-2019, Best Bank Award, "Sahakarnishtha" from Government of Maharashtra in 2017-2018, the bank is awarded "Best Bank" and "Best Technology" award by Bankco in 2017-2018, the bank is awarded "Best E Payment and Best Data Security" award by Banking Frontier in 2017-2018, the bank is awarded "Best Bank" and "Best Technology" award by Banco in 2016-2017 and so on.
PRODUCTS AND SERVICES
The Saving Account holder provided Passbooks and updated immediately. Cheque Book Facility is available for them. Quick money transfer through RTGS / NEFT is rendered. SMS alerts for transaction is given to them. They can make use of any branch banking. Nomination facility is also available. The bank's minimum service charges attracts many people to open account.
The bank offers various loans to its customers like SME Business Loans, Personal Loans, Gold Loans, Vehicles Loans, Furniture Loans, Consumer Durable Loans, Housing Loans, Housing Loans, Educational Loans, Loan Against Shares. Safe Deposit Loacker are available in various sizes like small, medium, large, extra-large. An individual (except minor), firm, limited company, association, club, trust and society may hire a locker.
For further details contact:BhaginiNiveditaSahakari Bank Limited,
'NiveditaBhavan', CTS No.34/7,
Final Plot no.35/7B,
Prabhat Road,
Lane No.8,
Erandawna,
Pune - 411 004.
Maharashtra,
India.
phone number: 020-25447619, 020-25447620,
Toll free no: 18002337006.
Email: customerservice@bhagininiveditabank.com