State wise list of National Australia Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
|Bank||NATIONAL AUSTRALIA BANK|
or Choose State from list below
NAB is one of the many popular multinational bank, particularly preferred among Indian residents from Australia and New Zealand and Indians residing in these countries. The Reserve Bank of India has of course included NAB in its NEFT and RTGS network to facilitate its clients in the country to transfer money simply and safely to any NAB branch in India. For instance, if you want to know the IFSC Code of NAB Bank’s Mumbai Nariman Point branch, a Google search or a direct enquiry will inform you that it is NATA0000001. And the MICR Code for the branch is 400728000.
Obtaining the IFSC Code and MICR Code of a specific branch of NAB in India is easy. Apart from checking one’s cheque book and account passbook or merely enquiring directly at the bank to garner details such as NAB IFSC and MICR Codes, there are heaps of ways to get your required info. Yes, if all fails, we have the internet to turn to. The official website of RBI or that of NAB itself will give you the codes. Aside from these, you also have the option of checking at any competitive third party website (like BankBazaar) to get the IFSC .
With NAB Bank’s NEFT and RTGS electronic funds transactional services, you can send cash wirelessly to any Indian bank account if the bank belongs to the NEFT system. In short NEFT and RTGS have revolutionized the entire field of digital banking.
National Electronic Fund Transfer (NEFT) at NAB:
The NEFT method is a quick, efficient and convenient means to send cash to another account. It is as secure as it is prompt. As NEFT doesn’t impose any kind of transaction limit, it is most suitable if you want to send amount below INR 2 lacs. The process takes a few hours at the most as it gets settled in hourly batches. This service is offered on weekdays only.
Real Time Gross Settlement (RTGS) at NAB:
The second wireless money transaction mode of RBI, RTGS, is considered to be more refined, and is designed to help you send amount more than INR 2 lacs. There is no upper cap. RTGS funds transfers shall be commenced from any NAB bank branch, and they are settled independently on a gross basis, so the transfer is initiated as soon as it is applied for. To know more about the daily timelines regarding this, please enquire at the bank.
National Australia Bank (NAB) has inaugurated its first representative office in Mumbai only a decade back. After gaining supervisory approval from the Reserve Bank of India, NAB altered this office into a full-fledged branch in only four years ago. The plan was to enhance customer relations by supporting major client flows from India, New Zealand and Australia. In India, NAB is resolutely concentrating on backing high net-worth folks as well as businesses that have business interest in Australia or New Zealand. The branch recommends a host of individual, corporate and institutional financial products and services which include Migrant Banking.
The National Australia Bank (NAB) has introduced a free point of sale app, which is iOS and Android compatible, for small business owners which enables them to accept debit and credit card payments through the same. Created to speed of PoS transactions, small business customers will also receive a payment to business transaction account. This app greatly simplifies transactions for customers and merchants alike which would otherwise require IFSC code and/or card details. NAB Now accepts EFTPOS card, MasterCard and Visa transactions at present. Also, small business customers are provided 24/7 support from NAB’s service centre. NAB Now also sends e-mail receipts to customers in order to show transaction credibility.
15th July 2015
National Australia Bank (NAB) plans on introducing a personal banking origination platform this year. This will be rolled out to the 14,000+ NAB staff before introducing to customers in 2015-16. With this platform, customers will be able to get faster approvals on loans as they can affect the upload and submission of documents online. They will also be able to track their application progress. It will also send SMS updates to the customers.
The new platform will significantly reduce the workload on the bank staff as it is designed to electronically generate basic documents and thus lessening the need to handle hard copies of documents. NAB Group CEO Andrew Thorburn said that this was a major step towards enhancing the bank’s technology portfolio.
10th July 2015