Below are the complete branch details for NKGSB Cooperative Bank Limited, DADAR branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is NKGS0000003. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case NKGS0000003 for NKGSB Cooperative Bank Limited – DADAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, NKGS0000003 is the IFSC of NKGSB Cooperative Bank Limited's DADAR branch. The format is fixed: NKGS = bank code, 0 = reserved, 000003 = branch identifier.
Branch details at a glance
| Bank Name | NKGSB Cooperative Bank Limited |
|---|---|
| Branch | Dadar |
| IFSC Code | NKGS0000003 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SAMVED, S.K. BOLE ROAD, DADAR, MUMBAI-400028 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 24323211 |
About the bank
NKGSB Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Dadar branch in Mumbai, Maharashtra is part of this network and uses the IFSC code NKGS0000003 for all electronic settlement.
About the Dadar branch
The Dadar branch of NKGSB Cooperative Bank Limited is situated at SAMVED, S.K. BOLE ROAD, DADAR, MUMBAI-400028. 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 NKGS0000003 is used.
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 NKGSB Cooperative Bank Limited's DADAR branch came to be assigned the code NKGS0000003.
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 NKGS0000003, money simply cannot be routed to the DADAR branch electronically.
How to transfer money using IFSC NKGS0000003
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 NKGS0000003 across all three.
NEFT to NKGSB Cooperative Bank Limited, DADAR using IFSC NKGS0000003
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC NKGS0000003, and confirm that the system picks up NKGSB Cooperative Bank Limited – DADAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to DADAR
If you need to transfer ₹2 lakh or more in one go to an account at NKGSB Cooperative Bank Limited's DADAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC NKGS0000003 while initiating the transfer and the credit will appear within minutes.
IMPS to NKGSB Cooperative Bank Limited DADAR (IFSC NKGS0000003)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NKGS0000003 in your mobile or internet banking app, and the money is credited to the DADAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC NKGS0000003 for NKGSB Cooperative Bank Limited – DADAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – NKGS0000003 | Yes – NKGS0000003 | Yes – NKGS0000003 |
For most retail customers crediting the Dadar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC NKGS0000003
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at NKGSB Cooperative Bank Limited – DADAR is still mapped to IFSC NKGS0000003. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC NKGS0000003 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Dadar branch is mapped to IFSC NKGS0000003 on the RBI payments network. The branch generally supports the full retail product catalogue of NKGSB Cooperative Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains NKGS0000003.
Products and services
Customers walking into the Dadar branch can access most of NKGSB Cooperative Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC NKGS0000003
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by NKGSB 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 NKGS0000003 and the account number together uniquely identify the Dadar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC NKGS0000003
NKGSB Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the DADAR 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 NKGS0000003 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.
Common mistakes to avoid when using IFSC NKGS0000003
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to NKGSB Cooperative Bank Limited – DADAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
NKGS0000003. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Dadar branch
The branch is located at SAMVED, S.K. BOLE ROAD, DADAR, MUMBAI-400028, which puts it inside Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “NKGSB Cooperative Bank Limited Dadar branch” — the verified location pin for IFSC NKGS0000003 should appear at the top of the results.
- Confirm the branch is open by calling 22-24323211 before stepping out, especially around public holidays.
- 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 NKGS0000003 and your account number.
Verifying IFSC NKGS0000003 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 NKGS0000003 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-24323211.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Dadar 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 NKGS0000003 continue to work without interruption.
Branch address & contact
NKGSB Cooperative Bank LimitedDadar Branch
SAMVED, S.K. BOLE ROAD, DADAR, MUMBAI-400028
Mumbai, Maharashtra
Phone: 22-24323211
IFSC: NKGS0000003
Frequently asked questions
Where is NKGSB Cooperative Bank Limited Dadar branch located?
NKGSB Cooperative Bank Limited's Dadar branch is located at SAMVED, S.K. BOLE ROAD, DADAR, MUMBAI-400028, Mumbai, Maharashtra.
How do I add NKGSB Cooperative Bank Limited Dadar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC NKGS0000003, and complete OTP verification. Once activated, you can transfer funds at any time.
Does NKGSB Cooperative Bank Limited Dadar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-24323211 to confirm.
How quickly will an NEFT transfer using NKGS0000003 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to NKGSB Cooperative Bank Limited – Dadar reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Dadar branch but serve different purposes.
What is the phone number of NKGSB Cooperative Bank Limited Dadar branch?
You can reach the branch at 22-24323211 during regular banking hours.
Can I use IFSC NKGS0000003 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC NKGS0000003 to send funds instantly.
Summary
The IFSC code NKGS0000003 belongs to NKGSB Cooperative Bank Limited's DADAR branch, located at SAMVED, S.K. BOLE ROAD, DADAR, MUMBAI-400028 in MUMBAI, MAHARASHTRA. 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.
