New India Cooperative Bank Limited

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for NAV JEEVAN CO-OPERATIVE BANK LIMITED which is located in Ground Floor, G 4,Poonam Residency, Shanti Park, Mira Road East, Dist. Thane 401107 is NICB0000030

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any NEW INDIA CO-OPERATIVE BANK LIMITED account or to any other bank accounts, Here the first 4 alphabets NICB indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 000030 indicates the particular branch of NEW INDIA CO-OPERATIVE BANK LIMITED in Ground Floor, G 4,Poonam Residency, Shanti Park, Mira Road East, Dist. Thane 401107.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find NEW INDIA CO-OPERATIVE BANK LIMITED 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 the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district >branch> to get the IFSC code or MICR code for the NEW INDIA CO-OPERATIVE BANK LIMITED. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

New India Cooperative Bank Limited Branch Details

• Gujarat

• Maharashtra

ABOUT NEW INDIA CO-OPERATIVE BANK LIMITED:

NEW INDIA CO-OPERATIVE BANK LIMITED was established on 1968, the founding-fathers of the bank were inspired by the model of the German Labour Bank [how the bank was organised and working]- a bank that straddled the divide between workers and businessmen and was one of the largest Bank in Germany serving the needs of businesses, industry and workers successfully, and the NEW INDIA CO-OPERATIVE BANK LIMITED followed the same process which was followed by the GERMAN LABOUR BANK.

There are a total of 30 networking branches of NEW INDIA CO-OPERATIVE BANK LIMITED, which are all basically computerized working branches and there are a total of 27 networking ATM's of NEW INDIA CO-OPERATIVE BANK LIMITED across the nation.

THE TOTAL ACHIEVEMENTS OF NEW INDIA CO-OPERATIVE BANK LIMITED:

During the past four decades of operations the bank has achieved many milestones . These includes

• The bank has established 30 branches which are conveniently located in Mumbai, Thane, Surat and Pune.
• The Bank has been awarded an "A" audit classification by the Statutory Auditors every year for 42 years.
• The bank achieved a "Scheduled Bank " status on November 1st 1990. The bank achieved a multi state status on October 22nd, 1999.
• Core Banking Solution implemented in all the branches 2004.
• Visa Debit card launched in 2009.
• Processs Centralization and back office set up in 2009.
• Customer care unit set up in 2010.
• Internet banking launched in 2010.
• A complete transpreventing rebranding and technology enabled infrastructure has been implemented by the Bank in 2009.

TYPES OF ACCOUNTS THAT WE OPEN IN THE NEW INDIA CO-OPERATIVE BANK LIMITED:

SAVINGS ACCOUNT

• savings Bank Account
• Basic Savings Deposit Account
• Elite Savings Deposits Accounts
• Diamond Savings Account for Women
• Young Indian Banking Account
• Salary Savings Account
• Life Style Savings

TERM DEPOSITS ACCOUNTS

• Fixed term deposit account
• Recurring deposit account
• Tax saver fixed deposit account

SERVICES PROVIDED BY THE NEW INDIA CO-OPERATIVE BANK

• Internet banking
• Mobile banking
• M-pass book
• Forex service
• Trade service
• Demat
• Imvestment
• Safe deposit locker
• Online recharge
• Utility bill payment
• Video KYC

TYPES OF LOANS PROVIDED BY THE NEW INDIA CO-OPERATIVE BANK LIMITED:

• Personal loan
• Education loan
• Home loan
• Vehicle loan
• Gold loan
• Loan against term deposit
• EMI calculator

The total profit earned by THE NEW INDIA CO-OPERATIVE BANK is 517.27rupees in lakhs.

For further details contact or write to THE NEW INDIA CO-OPERATIVE BANK LIMITED:-
ADDRESS:
Mahesh Residency,
Tandice Building,
M G Road,
Dahanukarwadi,
Kandivali West,
Mumbai-400 067.
Contact:+91-22-66 58 66 58
E-mail: customercare@newindiabank.in