IFSC Code of New India Cooperative Bank Limited, Kandivali (west) Branch, Maharashtra

If you are searching for the IFSC code of New India Cooperative Bank Limited, KANDIVALI (WEST) branch in BRIHAN MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is NICB0000020. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the KANDIVALI (WEST) branch, and detailed step-by-step guides for using the IFSC NICB0000020 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for New India Cooperative Bank Limited – KANDIVALI (WEST) is NICB0000020. The first four letters NICB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000020 map to this branch in BRIHAN MUMBAI, MAHARASHTRA.

About the bank

New India Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Kandivali (west) branch in Brihan Mumbai, Maharashtra is part of this network and uses the IFSC code NICB0000020 for all electronic settlement.

About the Kandivali (west) branch

The Kandivali (west) branch of New India Cooperative Bank Limited is situated at SHIVAM CHS LTD. NR.CHARKOP VILLAGE, KANDIVLI (W), MUMBAI-400 067.. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code NICB0000020 is used.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how New India Cooperative Bank Limited's KANDIVALI (WEST) branch came to be assigned the code NICB0000020.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC NICB0000020, money simply cannot be routed to the KANDIVALI (WEST) branch electronically.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by New India Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC NICB0000020 and the account number together uniquely identify the Kandivali (west) branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC NICB0000020

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC NICB0000020 across all three.

How to use IFSC NICB0000020 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to New India Cooperative Bank Limited's KANDIVALI (WEST) branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC NICB0000020.
4. Confirm the bank name auto-populates as New India Cooperative Bank Limited and the branch as KANDIVALI (WEST).
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC NICB0000020

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to New India Cooperative Bank Limited – KANDIVALI (WEST), ensure your bank's portal accepts IFSC NICB0000020 while registering the beneficiary. RTGS is also available 24x7.

IMPS to New India Cooperative Bank Limited KANDIVALI (WEST) (IFSC NICB0000020)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NICB0000020 in your mobile or internet banking app, and the money is credited to the KANDIVALI (WEST) branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Kandivali (west)

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC NICB0000020:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at KANDIVALI (WEST) is still linked to IFSC NICB0000020.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at New India Cooperative Bank Limited's KANDIVALI (WEST) branch, the IFSC NICB0000020 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Kandivali (west) branch

Once you have an account at New India Cooperative Bank Limited – KANDIVALI (WEST), the IFSC NICB0000020 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Kandivali (west) branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-64578364.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC NICB0000020

Online banking and IFSC NICB0000020

New India Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the KANDIVALI (WEST) branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC NICB0000020 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

How to reach the Kandivali (west) branch

The branch is located at SHIVAM CHS LTD. NR.CHARKOP VILLAGE, KANDIVLI (W), MUMBAI-400 067., which puts it inside Brihan Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “New India Cooperative Bank Limited Kandivali (west) branch” — the verified location pin for IFSC NICB0000020 should appear at the top of the results.
2. Confirm the branch is open by calling 22-64578364 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC NICB0000020 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to New India Cooperative Bank Limited – KANDIVALI (WEST):

• The IFSC is exactly NICB0000020 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills New India Cooperative Bank Limited as the bank name and KANDIVALI (WEST) as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Working hours

Branch counters at Kandivali (west) are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to NICB0000020 continue to work without interruption.

Verifying IFSC NICB0000020 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm NICB0000020 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-64578364.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: NICB0000020 is the IFSC code of New India Cooperative Bank Limited, KANDIVALI (WEST) branch, in BRIHAN MUMBAI, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.