NKGSB Co-operative Bank Vasco Da Gama
Vasco Da Gama · South Goa, Goa
403086006 is the MICR code for the Vasco Da Gama branch of NKGSB Co-operative Bank, located in South Goa, Goa. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code NKGS0000104.
Bank
NKGSB Co-operative Bank
Branch & Address
Vasco Da Gama
Shop no 1, Gr Floor, Plot no 175, Chalta no 48, 55to75 Pts no 89, Anand Chambers, Fi Gomes Road, Vasco Da Gama, Goa 403802
South Goa, Goa, Goa
Contact
+918322501061MICR Code Structure
403
City
086
Bank
006
Branch
City code 403 identifies the RBI clearing centre, bank code 086 identifies NKGSB Co-operative Bank, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other NKGSB Co-operative Bank branches near South Goa
Other banks in South Goa, Goa
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (NKGS0000104) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 403086006 is in the middle, and your account number is on the right.