IFSC Code of Maharashtra State Cooperative Bank, Shivaji Park, Mumbai, Maharashtra — MSCI0082014

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Maharashtra State Cooperative Bank for its Shivaji Park branch in Mumbai, Mumbai, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Maharashtra State Cooperative Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MSCI0082014. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Maharashtra State Cooperative Bank, Shivaji Park, Mumbai

The table below shows the main details of the IFSC Code MSCI0082014 for the Maharashtra State Cooperative Bank branch in Mumbai, which falls under the Mumbai district in Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Maharashtra State Cooperative Bank in Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MSCI0082014 for the Shivaji Park branch of Maharashtra State Cooperative Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like MSCI0082014 is given to every bank branch, including Maharashtra State Cooperative Bank located in Shivaji Park, Mumbai, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Maharashtra State Cooperative Bank branch in Mumbai.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Mumbai and Mumbai.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Maharashtra State Cooperative Bank in Shivaji Park doesn't end up at another location.

Format of the IFSC Code MSCI0082014

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

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Maharashtra State Cooperative Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shivaji Park in Mumbai.

For example, the IFSC Code MSCI0082014 of Maharashtra State Cooperative Bank for the Shivaji Park branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Maharashtra State Cooperative Bank?

If you are trying to find the IFSC Code MSCI0082014 of Maharashtra State Cooperative Bank for its Shivaji Park 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

You can easily find the IFSC and MICR codes because most banks, including Maharashtra State Cooperative Bank branches in Mumbai and Mumbai, print them 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 Shivaji Park or Mumbai to get the exact IFSC Code MSCI0082014.

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 MSCI0082014 for Online Transfers?

Once you have the IFSC Code MSCI0082014 for the Shivaji Park branch of Maharashtra State Cooperative Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MSCI0082014. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MSCI0082014.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Maharashtra State Cooperative Bank Shivaji Park in Mumbai, your payment can get delayed or might not go through at all.

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 Shivaji Park, 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 Maharashtra State Cooperative Bank 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.