Cosmos Cooperative Bank IFSC code & MICR code

IFSC code for Cosmos Bank (Cosmos Co-operative Bank Ltd.) can be found online orprinted on a cheque book that is printed by the particular branch. If you are looking online for the codes, you can look at the official website of Cosmos Bank. The government also provides all the IFSC codes of every branch of bank in India that is NEFT/RTGS enabled. You could also opt to look at third party financial websites like BankBazaar which provides this information.

These are the steps to be followed if you visit BankBazaar to find the IFSC code for Cosmos Bank:

• On the homepage of BankBazaar, you will find ‘Bank IFSC Code’ tab if you scroll down.
• Once you click on the tab, a second page will appear where you will have to choose the appropriate options from the drop down menus including ‘Select Bank’, ‘Select State’, ‘Select District’ and ‘Select Branch’.
• BankBazaar will generate the IFSC code for the particular branch as soon as you select your options from the drop down menus. You will also be provided with the MICR code, address and contact number for the branch.
• Alternatively, you can also choose to browse through the list of banks which are provided on the same page and find the bank manually to get the IFSC code.

How to Transfer Money Using Cosmos Bank NEFT and RTGS?

All the branches of Cosmos Bank (Cosmos Co-operative Bank Ltd.) is NEFT/RTGS enabled which means that as a customer of Cosmos Bank you can choose either of the two facilities to transfer funds to any other bank branch participating in NEFT/RTGS.

National Electronic Funds Transfer (NEFT):

NEFT transactions can be done through internet banking or by visiting a branch physically. You will need to fill out a form and thus need to know the beneficiaries name, account number, the amount to be transferred and IFSC code of the bank branch where the funds are to be transferred to. NEFT settlements are done in batches, and as long as you remit the amount to be transferred within the daily deadline, your money will be transferred on the same day.

At Cosmos Bank, NEFT services are available between 8AM and 7PM from Monday to Friday. On working Saturdays, the service is available between 8AM and 1PM.

Following are the Service Charges on NEFT transactions at any of the Cosmos Bank branches:

Inward transactions will not be charged.

For more details you can contact your branch or call on the Toll Free number: 1800 233 0234.

Real Time Gross Settlement System (RTGS):

Cosmos Bank provides the service of RTGS, which is the fastest method to transfer funds from any of the Cosmos Bank branches to any other bank branch which is RTGS enabled. The processing of RTGS begins as soon as the request reaches the bank. RTGS is ideal for customers looking to transfer more than a minimum of Rs. 2 lacs. There is no upper limit to the amount that you can transfer.

Customers can avail the RTGS facility from Monday to Friday between 9.00 am and 4.30 pm. On Saturdays the service is available between 9.00 am and 02.00 pm.

You will need the following information to use RTGS service at Cosmos Bank (Cosmos Co-operative Bank Ltd.):

1. The receiver’s name
2. The receiver’s bank and branch name
3. IFSC Code of the receiver’s bank
4. The transfer amount
5. The receiver’s account number
6. A remark for the receiver, if any

The following are the charges for availing the RTGS service (for outward transactions) at Cosmos Bank:

Inward transactions will not be charged.

About Cosmos Bank(Cosmos Co-operative Bank Ltd.):

Cosmos Bank (Cosmos Co-operative Bank Ltd.) was established in 1906 by Krishnaji Sadashiv Gore and Shankar Hari Barve. It is one of the oldest Urban Co-operative Banks in India and one of the first co-operative banks in the country to implement Core Banking System (CBS) across its entire network, using Finacle-Infosys Core Banking Software.

The bank’s headquarters is in Pune, where it was founded. Cosmos Bank has 137 service outlets in seven states including Maharashtra, Madhya Pradesh, Gujarat, Karnataka, Telangana, Andhra Pradesh and Tamil Nadu. It also has around 2 million customers as well as 79,000 shareholders.