IFSC Code: Mcbl0960017

Bank: Mahanagar Cooperative Bank Ltd
IFSC Code: Mcbl0960017
MICR Code: 400096017
Address: Plot No.5, Sector-1, Opp.D.Y. Patil College, Nerul, Navi Mumbai-400706
City: Thane
District: New Mumbai
State: Maharashtra

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Mcbl0960017.

  • In our case IFSC code's first four characters Mcbl represents bank Mahanagar Cooperative Bank Ltd.
  • Remaining characters which are 0960017 represents branch. In our case branch is located at address Plot No.5, Sector-1, Opp.D.Y. Patil College, Nerul, Navi Mumbai-400706.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.