Mahanagar Co-operative Bank, NCRD NERUL, THANE Branch IFSC Code

The IFSC code MCBL0960021 is assigned to Mahanagar Co-operative Bank, NCRD NERUL located in THANE, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Mahanagar Co-operative Bank
IFSC Code MCBL0960021
MICR Code 400096021
Branch Code 960021
Branch NCRD NERUL
City THANE
District NEW MUMBAI
State MAHARASHTRA
Address SHIVAM PARK,SHOP NO. 2, 3, 4, 5, 7, 8, PLOT NO. 25, SECTOR-21 NERUL-E, NAVI MUMBAI- 400 706. Maps
Contact +912227714813

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

MCBL Bank Code
0 Reserved (0)
960021 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

400 City Code
096 Bank Code
021 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code MCBL0960021 is the Indian Financial System Code assigned to Mahanagar Co-operative Bank, NCRD NERUL branch in THANE, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in THANE, NEW MUMBAI, MAHARASHTRA. The full address is: SHIVAM PARK,SHOP NO. 2, 3, 4, 5, 7, 8, PLOT NO. 25, SECTOR-21 NERUL-E, NAVI MUMBAI- 400 706.

The branch code is 960021. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Mahanagar Co-operative Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 400096021. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: MCBL0960021
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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