Use this page as a one-stop reference for everything related to The Nilambur Cooperative Urban Bank Limited Nilambur's KARUVARAKUNDU EVENING BRANCH branch in MALAPPURAM, KERALA. The branch's IFSC code NCUB0000020 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, NCUB0000020 is the IFSC of The Nilambur Cooperative Urban Bank Limited Nilambur's KARUVARAKUNDU EVENING BRANCH branch. The format is fixed: NCUB = bank code, 0 = reserved, 000020 = branch identifier.
Bank profile
The Nilambur Cooperative Urban Bank Limited Nilambur is among the recognised banks listed on the Reserve Bank of India's payments network. The Karuvarakundu Evening Branch branch — IFSC NCUB0000020 — extends the bank's services to customers in and around Malappuram, Kerala.
Branch details at a glance
| Bank Name | The Nilambur Cooperative Urban Bank Limited Nilambur |
|---|---|
| Branch | Karuvarakundu Evening Branch |
| IFSC Code | NCUB0000020 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BUILDING NO.1036,MARANATTU PLACEWARD NO.10,KIZHAKKETHALA POST,MALAPPURAM DIST - 676523 |
| City | Malappuram |
| District | Karuvarakundu |
| State | Kerala |
| Phone | 282270 |
About this branch
The branch is located at BUILDING NO.1036,MARANATTU PLACEWARD NO.10,KIZHAKKETHALA POST,MALAPPURAM DIST - 676523. It serves the Malappuram region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Nilambur Cooperative Urban Bank Limited Nilambur. The IFSC NCUB0000020 is used to identify this branch on the RBI payments network.
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 The Nilambur Cooperative Urban Bank Limited Nilambur's KARUVARAKUNDU EVENING BRANCH branch came to be assigned the code NCUB0000020.
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 NCUB0000020, money simply cannot be routed to the KARUVARAKUNDU EVENING BRANCH branch electronically.
Account types you can open at the Karuvarakundu Evening Branch branch
Once you have an account at The Nilambur Cooperative Urban Bank Limited Nilambur – KARUVARAKUNDU EVENING BRANCH, the IFSC NCUB0000020 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.
Products and services
Customers walking into the Karuvarakundu Evening Branch branch can access most of The Nilambur Cooperative Urban Bank Limited Nilambur'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 NCUB0000020