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 The Mumbai District Central Cooperative Bank Limited for its Dadar West branch in Mumbai, Greater Ombay, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Mumbai District Central Cooperative Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MDCB0680057. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Mumbai District Central Cooperative Bank Limited, Dadar West, Mumbai
Here are the key points that are associated with the IFSC Code MDCB0680057 of The Mumbai District Central Cooperative Bank Limited for its branch located in Mumbai, within the district of Greater Ombay in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Mumbai District Central Cooperative Bank Limited |
| IFSC Code | MDCB0680057 |
| Branch | Dadar West |
| City | Mumbai |
| District | Greater Ombay |
| State | Maharashtra |
| Address | 1St Floor Priyadarshini Mahila Chs Ltd,62 Bhawani Shankar Road,Opposite Brahman Seva Mandal,Mumbai 400 003 |
These details help users in online banking and for businesses and individuals who use The Mumbai District Central Cooperative Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MDCB0680057 for the Dadar West branch of The Mumbai District Central Cooperative Bank Limited has a very 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, including The Mumbai District Central Cooperative Bank Limited located in Dadar West, Mumbai, Maharashtra, is provided with a unique IFSC like MDCB0680057 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Mumbai District Central Cooperative Bank Limited branch in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Mumbai and Greater Ombay.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Mumbai District Central Cooperative Bank Limited in Dadar West do not get mixed with another location.
Format of the IFSC Code MDCB0680057
The format of the IFSC Code for banks, including The Mumbai District Central Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Mumbai District Central Cooperative Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dadar West in Mumbai.
For example, the IFSC Code MDCB0680057 of The Mumbai District Central Cooperative Bank Limited for the Dadar West branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for The Mumbai District Central Cooperative Bank Limited?
If you are trying to find the IFSC Code MDCB0680057 of The Mumbai District Central Cooperative Bank Limited for its Dadar West branch located in Mumbai, the following methods can help:
Cheque Book
The cheque books that are issued by The Mumbai District Central Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Mumbai District Central Cooperative Bank Limited branches in Mumbai and Greater Ombay, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Mumbai District Central Cooperative Bank Limited and find the branch locator section. Search for Dadar West or Mumbai to get the exact IFSC Code MDCB0680057.
Mobile Banking App
If you use The Mumbai District Central Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for The Mumbai District Central Cooperative Bank Limited and Mumbai that will provide accurate information.
How to Use IFSC Code MDCB0680057 for Online Transfers?
Once you have the IFSC Code MDCB0680057 for the Dadar West branch of The Mumbai District Central 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 MDCB0680057. 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 The Mumbai District Central Cooperative Bank Limited IFSC Code MDCB0680057.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Mumbai District Central Cooperative Bank Limited Dadar West 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 The Mumbai District Central Cooperative Bank Limited in Dadar West, 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 The Mumbai District Central 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)
The IFSC Code is MDCB0680057.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 1St Floor Priyadarshini Mahila Chs Ltd,62 Bhawani Shankar Road,Opposite Brahman Seva Mandal,Mumbai 400 003 located in Mumbai, Greater Ombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.