Model Co-operative Bank MALAD Branch IFSC Code

MDBK 0000016
Model Co-operative Bank
MALAD — MUMBAI, MAHARASHTRA
MICR: 400807008 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Model Co-operative Bank
Branch
MALAD
IFSC Code
MDBK0000016
MICR Code
400807008
Address
CASA ANGELICA BLDG.DOMINIC COLONY,TANK ROAD,ORLEM,MALAD WEST,MUMBAI 400064
Open in Google Maps
City
MUMBAI
District
MUMBAI
State
MAHARASHTRA
Contact
+912228617056

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MDBK0000016 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code MDBK0000016.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000016.

IFSC Code Structure

M
D
B
K
0
0
0
0
0
1
6
  • MDBK — Bank code (Model Co-operative Bank)
  • 0 — Reserved (always 0)
  • 000016 — Branch code (MALAD)

Nearby Model Co-operative Bank Branches in MUMBAI

Model Co-operative Bank IMPS

MDBK0000001

501,CENTRAL PLAZA,166,C.S.T.ROAD,KALINA,SANTACRUZ EAST,MUMBAI -400098

MICR: 400807002 RTGS ✓ NEFT ✓ IMPS ✓

ANDHERI

MDBK0000011

VISHWA NANAK APTS,CHAKALA JUNCTION,ANDHERI EAST,MUMBAI 400093

MICR: 400807003 RTGS ✓ NEFT ✓ IMPS ✓

BORIVLI

MDBK0000012

JAYSHREE AKSHAYA BLDG,I.C.COLONY,OPP.SILVER COIN REST.BORIVLI WEST,MUMBAI 400103

MICR: 400807004 RTGS ✓ NEFT ✓ IMPS ✓

FORT

MDBK0000013

11D,BOUNA CASA,SIR P.M.ROAD,FORT,MUMBAI -400023

MICR: 400807005 RTGS ✓ NEFT ✓ IMPS ✓

GHATKOPAR

MDBK0000014

SHREE GURUDUTTA CHS LTD,R.B.MEHTA MARG,GHATKOPAR EAST,MUMBAI 400077

MICR: 400807006 RTGS ✓ NEFT ✓ IMPS ✓
View all Model Co-operative Bank branches in MUMBAI →

Frequently Asked Questions

Is MDBK0000016 valid for online transfer?
Yes, MDBK0000016 is a valid IFSC code for Model Co-operative Bank MALAD branch in MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000016 belong to?
MDBK0000016 belongs to Model Co-operative Bank. The first 4 characters "MDBK" identify the bank.
What is the MICR code for this branch?
The MICR code for Model Co-operative Bank MALAD is 400807008. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000016?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.