Model Co-operative Bank IFSC Code
MAHIM Branch, MUMBAI, MUMBAI, Maharashtra
The official Indian Financial System Code (IFSC) for Model Co-operative Bank, MAHIM branch in MUMBAI, Maharashtra is MDBK0000020. The MICR code for cheque clearance is 400807012.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Model Co-operative Bank
- Branch Name
- MAHIM
- MICR Code
- City / District
- MUMBAI (MUMBAI)
- State
- Maharashtra
- Postal Pincode
- 400016
910,KARAM BHOOMI PREMISES CHS LTD,MORI ROAD,MAHIM WEST,MUMBAI 400016, Pincode: 400016
How to Read IFSC Code: MDBK0000020
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Model Co-operative Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Model Co-operative Bank (MDBK0000020)
What is the IFSC Code for Model Co-operative Bank MAHIM branch?
The IFSC Code for Model Co-operative Bank MAHIM branch in MUMBAI, Maharashtra is MDBK0000020. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Model Co-operative Bank MAHIM branch?
The branch is located at: 910,KARAM BHOOMI PREMISES CHS LTD,MORI ROAD,MAHIM WEST,MUMBAI 400016, Pincode: 400016, MUMBAI, Maharashtra.
What is the MICR Code for Model Co-operative Bank MAHIM?
The MICR Code for electronic cheque clearing at Model Co-operative Bank MAHIM is 400807012.
How can I contact Model Co-operative Bank MAHIM branch?
You can contact the branch at: Phone: +912224455600. For official national customer care, refer to Model Co-operative Bank's official banking channels.
How to decipher the IFSC code MDBK0000020?
The first 4 characters 'MDBK' represent Model Co-operative Bank. The 5th character is '0' reserved for future use. The last 6 characters '000020' represent the specific MAHIM branch code.
Parent Directory Links
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Other Bank Branches in Pincode 400016
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