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 State Transport Coop Bank Kurla branch in Mumbai, Greater Bombay, 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 MDCB0680297. 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, State Transport Coop Bank Kurla, Mumbai
Here are the key points that are associated with the IFSC Code MDCB0680297 of The Mumbai District Central Cooperative Bank Limited for its branch located in Mumbai, within the district of Greater Bombay in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Mumbai District Central Cooperative Bank Limited |
| IFSC Code | MDCB0680297 |
| Branch | State Transport Coop Bank Kurla |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Kurla Kirol Road, Vidhyavihar W, Near S T Stores, Near Premier Auto Mobile Co, Kurla |
These details helps 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 MDCB0680297 for the State Transport Coop Bank Kurla branch of The Mumbai District Central Cooperative Bank Limited plays a vital 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 MDCB0680297 is given to every bank branch, including The Mumbai District Central Cooperative Bank Limited located in State Transport Coop Bank Kurla, Mumbai, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Mumbai and Greater Bombay.
- 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 The Mumbai District Central Cooperative Bank Limited in State Transport Coop Bank Kurla doesn't end up at another location.
Format of the IFSC Code MDCB0680297
The format of the IFSC Code for banks, including The Mumbai District Central Cooperative Bank Limited, has 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 State Transport Coop Bank Kurla in Mumbai.
For example, the IFSC Code MDCB0680297 of The Mumbai District Central Cooperative Bank Limited for the State Transport Coop Bank Kurla branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.
How to Find IFSC Code for The Mumbai District Central Cooperative Bank Limited?
If you are trying to find the IFSC Code MDCB0680297 of The Mumbai District Central Cooperative Bank Limited for its State Transport Coop Bank Kurla branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book issued by The Mumbai District Central Cooperative Bank Limited 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 The Mumbai District Central Cooperative Bank Limited branches in Mumbai and Greater Bombay, print them on the first page of your passbook.
Bank Website
Visit the official website of The Mumbai District Central Cooperative Bank Limited and navigate to the branch locator section. Search for State Transport Coop Bank Kurla or Mumbai to get the exact IFSC Code MDCB0680297.
Mobile Banking App
If you use The Mumbai District Central 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 keeps an updated list of all IFSC codes. If you search for The Mumbai District Central Cooperative Bank Limited and Mumbai, you'll get the correct details.
How to Use IFSC Code MDCB0680297 for Online Transfers?
Once you have the IFSC Code MDCB0680297 for the State Transport Coop Bank Kurla branch of The Mumbai District Central Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MDCB0680297. The transfer is completed in batches instead of instantly. It is useful for both 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 MDCB0680297.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Mumbai District Central Cooperative Bank Limited State Transport Coop Bank Kurla 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 are very different from IFSC codes. If you are looking for the MICR code of The Mumbai District Central Cooperative Bank Limited in State Transport Coop Bank Kurla, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the State Transport Coop Bank Kurla Mumbai branch is MDCB0680297.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kurla Kirol Road, Vidhyavihar W, Near S T Stores, Near Premier Auto Mobile Co, Kurla.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.