Cosmos Co-operative Bank — BANASHANKARI III STAGE BRANCH

BENGALURU, KARNATAKA

IFSC Code

COSB0000164

MICR Code

Not available

Branch

BANASHANKARI III STAGE BRANCH

Bank

Cosmos Co-operative Bank

District

BANGLORE

State

KARNATAKA

Contact

+918026727196

Address

NO 649 2ND MAIN ROAD 7TH BLOCK SHRIVIDHYA NAGAR BANASHANKARI 3RD STAGE NEAR ADUEN SCHOOL BANGALORE 560085

Get Directions to This Branch

Using IFSC COSB0000164 for money transfers

NEFT transfers to BANASHANKARI III STAGE BRANCH, one of Cosmos Co-operative Bank's branches in BANGLORE, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches BANASHANKARI III STAGE BRANCH almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to BANASHANKARI III STAGE BRANCH clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to BANASHANKARI III STAGE BRANCH: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting BANASHANKARI III STAGE BRANCH In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Here's how to send money to BANASHANKARI III STAGE BRANCH using net banking or a UPI app:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code COSB0000164 when prompted — this routes the transfer to BANASHANKARI III STAGE BRANCH specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Cosmos Co-operative Bank BANASHANKARI III STAGE BRANCH branch?

The IFSC code for Cosmos Co-operative Bank's BANASHANKARI III STAGE BRANCH branch in BENGALURU, BANGLORE, KARNATAKA is COSB0000164. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

A MICR code isn't listed for this branch in our records. MICR codes are used specifically for cheque clearing — if you need one, it's best to confirm directly with the branch, since it doesn't affect NEFT/RTGS/IMPS transfers, which only need the IFSC code (COSB0000164).

Where is the BANASHANKARI III STAGE BRANCH branch of Cosmos Co-operative Bank located?

This branch is located at: NO 649 2ND MAIN ROAD 7TH BLOCK SHRIVIDHYA NAGAR BANASHANKARI 3RD STAGE NEAR ADUEN SCHOOL BANGALORE 560085. It falls under BANGLORE district, KARNATAKA.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (COSB0000164) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +918026727196.

Other Cosmos Co-operative Bank branches in BANGLORE

AGRAHARADASARA HALLI BRANCHBANASHANKARI II STAGEBANASWADI BRANCHELECTRONIC CITY BRANCHGANDHI BAZAR BRANCHINDIRANAGAR BRANCHJAYANAGAR BRANCHKORAMANGALA BRANCH

Cosmos Co-operative Bank in other districts of KARNATAKA

BELGAUM (2)BANGALORE (1)MYSORE (1)NIPANI (1)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.