IFSC Code of Maharashtra State Cooperative Bank, Goregaon, Mumbai, Maharashtra — MSCI0082019

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Maharashtra State Cooperative Bank for its Goregaon branch in Mumbai, Mumbai, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Maharashtra State Cooperative Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MSCI0082019. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Maharashtra State Cooperative Bank, Goregaon, Mumbai

Here are the main details that are associated with the IFSC Code MSCI0082019 of Maharashtra State Cooperative Bank for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Maharashtra State Cooperative Bank in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MSCI0082019 for the Goregaon branch of Maharashtra State Cooperative Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Maharashtra State Cooperative Bank located in Goregaon, Mumbai, Maharashtra, are allotted a unique IFSC like MSCI0082019 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Mumbai.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Mumbai and Mumbai.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Maharashtra State Cooperative Bank in Goregaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code MSCI0082019

The format of the IFSC Code for banks, including Maharashtra State Cooperative Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Maharashtra State Cooperative Bank, 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 Goregaon in Mumbai.

For example, the IFSC Code MSCI0082019 of Maharashtra State Cooperative Bank for the Goregaon branch has these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Maharashtra State Cooperative Bank?

If you are trying to find the IFSC Code MSCI0082019 of Maharashtra State Cooperative Bank for its Goregaon branch located in Mumbai, the following methods can help:

Cheque Book

The cheque book issued by Maharashtra State Cooperative Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Maharashtra State Cooperative Bank branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Maharashtra State Cooperative Bank and navigate to the branch locator section. Search for Goregaon or Mumbai to get the exact IFSC Code MSCI0082019.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Maharashtra State Cooperative Bank and Mumbai, you'll get the correct details.

How to Use IFSC Code MSCI0082019 for Online Transfers?

Once you have the IFSC Code MSCI0082019 for the Goregaon branch of Maharashtra State Cooperative Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MSCI0082019. 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 Maharashtra State Cooperative Bank IFSC Code MSCI0082019.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Maharashtra State Cooperative Bank Goregaon 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 Maharashtra State Cooperative Bank in Goregaon, here are some ways that you can get it:

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

If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.