IFSC Code of New India Cooperative Bank Limited, Ring Road, Surat Branch, Gujarat

Use this page as a one-stop reference for everything related to New India Cooperative Bank Limited's RING ROAD, SURAT branch in SURAT, GUJARAT. The branch's IFSC code NICB0000102 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, NICB0000102 is the IFSC of New India Cooperative Bank Limited's RING ROAD, SURAT branch. The format is fixed: NICB = bank code, 0 = reserved, 000102 = branch identifier.

About New India Cooperative Bank Limited

New India Cooperative Bank Limited operates a wide network of branches across India, including the Ring Road, Surat branch in Surat. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, NICB0000102.

About the Ring Road, Surat branch

The Ring Road, Surat branch of New India Cooperative Bank Limited is situated at ANNAPURNA MARKET, KAMELA DARWAJA, RING ROAD, SURAT – 395 003. 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 NICB0000102 is used.

Branch details at a glance

Why every New India Cooperative Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including RING ROAD, SURAT of New India Cooperative Bank Limited — its own 11-character IFSC. The code NICB0000102 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC NICB0000102 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Ring Road, Surat branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC NICB0000102 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC NICB0000102

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 NICB0000102 across all three.

How to use IFSC NICB0000102 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 RING ROAD, SURAT 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 NICB0000102.
4. Confirm the bank name auto-populates as New India Cooperative Bank Limited and the branch as RING ROAD, SURAT.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to RING ROAD, SURAT

If you need to transfer ₹2 lakh or more in one go to an account at New India Cooperative Bank Limited's RING ROAD, SURAT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC NICB0000102 while initiating the transfer and the credit will appear within minutes.

IMPS to New India Cooperative Bank Limited RING ROAD, SURAT (IFSC NICB0000102)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NICB0000102 in your mobile or internet banking app, and the money is credited to the RING ROAD, SURAT branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Ring Road, Surat

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 NICB0000102:

• 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 RING ROAD, SURAT is still linked to IFSC NICB0000102.

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 RING ROAD, SURAT branch, the IFSC NICB0000102 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 Ring Road, Surat branch

Once you have an account at New India Cooperative Bank Limited – RING ROAD, SURAT, the IFSC NICB0000102 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 Ring Road, Surat branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 261-2364905.

• 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 NICB0000102

Online banking and IFSC NICB0000102

New India Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the RING ROAD, SURAT 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 NICB0000102 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 Ring Road, Surat branch

The branch is located at ANNAPURNA MARKET, KAMELA DARWAJA, RING ROAD, SURAT – 395 003, which puts it inside Surat, the broader Surat district, and the state of Gujarat. To plan your visit:

1. Open Google Maps on your phone and search for “New India Cooperative Bank Limited Ring Road, Surat branch” — the verified location pin for IFSC NICB0000102 should appear at the top of the results.
2. Confirm the branch is open by calling 261-2364905 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 NICB0000102 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 – RING ROAD, SURAT:

• The IFSC is exactly NICB0000102 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 RING ROAD, SURAT 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 Ring Road, Surat 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 NICB0000102 continue to work without interruption.

Verifying IFSC NICB0000102 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 NICB0000102 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 261-2364905.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code NICB0000102 belongs to New India Cooperative Bank Limited's RING ROAD, SURAT branch, located at ANNAPURNA MARKET, KAMELA DARWAJA, RING ROAD, SURAT – 395 003 in SURAT, GUJARAT. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.