MDEXBranch Code: 000031

Model Co-operative Bank IFSC Code

VIRAR Branch, MUMBAI, MUMBAI, Maharashtra

Primary IFSC Code

MDBK0000031

Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for Model Co-operative Bank, VIRAR branch in MUMBAI, Maharashtra is MDBK0000031. The MICR code for cheque clearance is 400807020.

Branch Fact Sheet & Electronic Routing Details

Bank Name: Model Co-operative Bank
Branch Name: VIRAR
MICR Code: 400807020
City / District: MUMBAI (MUMBAI)
State: Maharashtra
Postal Pincode: N/A

Full Branch Address

SHOP NO.1,GANGOTRI CHS,VIRAT NAGAR,VIRAR WEST

Contact Details

Phone: +912502514973

How to Read IFSC Code: MDBK0000031

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.

MDBKBank Identifier

First 4 alphabetic characters identify Model Co-operative Bank.

0Control Character

5th character is always numeral '0', reserved for future use.

000031Branch Code

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

Both NEFT and RTGS operate around the clock in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.

Frequently Asked Questions: Model Co-operative Bank (MDBK0000031)

What is the IFSC Code for Model Co-operative Bank VIRAR branch?

The IFSC Code for Model Co-operative Bank VIRAR branch in MUMBAI, Maharashtra is MDBK0000031. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of Model Co-operative Bank VIRAR branch?

The branch is located at: SHOP NO.1,GANGOTRI CHS,VIRAT NAGAR,VIRAR WEST, MUMBAI, Maharashtra.

What is the MICR Code for Model Co-operative Bank VIRAR?

The MICR Code for electronic cheque clearing at Model Co-operative Bank VIRAR is 400807020.

How can I contact Model Co-operative Bank VIRAR branch?

You can contact the branch at: Phone: +912502514973. For official national customer care, refer to Model Co-operative Bank's official banking channels.

How to decipher the IFSC code MDBK0000031?

The first 4 characters 'MDBK' represent Model Co-operative Bank. The 5th character is '0' reserved for future use. The last 6 characters '000031' represent the specific VIRAR branch code.