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IFSC Code of Citizen Credit Cooperative Bank Limited, Madh Branch, Greater Mumbai, Maharashtra — CCBL0209020

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Citizen Credit Cooperative Bank Limited for its Madh Branch branch in Mumbai, Greater Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Citizen Credit Cooperative Bank Limited situated in Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CCBL0209020. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Citizen Credit Cooperative Bank Limited, Madh Branch, Mumbai

The table below shows the main details of the IFSC Code CCBL0209020 for the Citizen Credit Cooperative Bank Limited branch in Mumbai, which falls under the Greater Mumbai district in Maharashtra.

Particulars Details
Bank Citizen Credit Cooperative Bank Limited
IFSC Code CCBL0209020
Branch Madh Branch
City Mumbai
District Greater Mumbai
State Maharashtra
Address St.Bonaventure School Madh Island Malad (W) Mumbai 400061

These details are important not only for users using online banking but also for businesses and individuals who use Citizen Credit Cooperative Bank Limited in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CCBL0209020 for the Madh Branch branch of Citizen Credit Cooperative Bank Limited is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Citizen Credit Cooperative Bank Limited located in Madh Branch, Mumbai, Maharashtra, is provided a unique IFSC like CCBL0209020 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Citizen Credit Cooperative Bank Limited branch in Mumbai.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Mumbai and Greater Mumbai.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Citizen Credit Cooperative Bank Limited in Madh Branch do not get misguided to another person.

Format of the IFSC Code CCBL0209020

The format of the IFSC Code for banks, including Citizen Credit Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Citizen Credit Cooperative Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Madh Branch in Mumbai.

For example, the IFSC Code CCBL0209020 of Citizen Credit Cooperative Bank Limited for the Madh Branch branch has these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Citizen Credit Cooperative Bank Limited?

To find the IFSC Code CCBL0209020 of Citizen Credit Cooperative Bank Limited for its Madh Branch branch located in Mumbai, the following methods can help you out:

Cheque Book

The cheque book issued by Citizen Credit Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Citizen Credit Cooperative Bank Limited branches in Mumbai and Greater Mumbai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Citizen Credit Cooperative Bank Limited and go to the branch locator section. Then search for Madh Branch or Mumbai to find the exact IFSC Code CCBL0209020.

Mobile Banking App

If you use Citizen Credit Cooperative Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Citizen Credit Cooperative Bank Limited and Mumbai will provide accurate information.

How to Use IFSC Code CCBL0209020 for Online Transfers?

Once you have the IFSC Code CCBL0209020 for the Madh Branch branch of Citizen Credit Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CCBL0209020. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Citizen Credit Cooperative Bank Limited IFSC Code CCBL0209020.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Citizen Credit Cooperative Bank Limited Madh Branch in Mumbai may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Citizen Credit Cooperative Bank Limited in Madh Branch, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Citizen Credit Cooperative Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Mumbai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Citizen Credit Cooperative Bank Limited in Madh Branch, Mumbai?

The IFSC Code is CCBL0209020.

Is the IFSC Code CCBL0209020 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Citizen Credit Cooperative Bank Limited Madh Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Madh Branch branch?

The address of the branch is St.Bonaventure School Madh Island Malad (W) Mumbai 400061 located in Mumbai, Greater Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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