Model Co-operative Bank MAHIM Branch IFSC Code
MDBK 0000020
Model Co-operative Bank
MAHIM — MUMBAI, MAHARASHTRA
MICR: 400807012
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✗
Branch Details
- Bank
- Model Co-operative Bank
- Branch
- MAHIM
- IFSC Code
- MDBK0000020
- MICR Code
- 400807012
- City
- MUMBAI
- District
- MUMBAI
- State
- MAHARASHTRA
- Contact
- +912224455600
How to Use This IFSC Code
NEFT Transfer
Use IFSC code MDBK0000020 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 MDBK0000020.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000020.
IFSC Code Structure
M
D
B
K
0
0
0
0
0
2
0
- MDBK — Bank code (Model Co-operative Bank)
- 0 — Reserved (always 0)
- 000020 — Branch code (MAHIM)
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 ✓
Frequently Asked Questions
Is MDBK0000020 valid for online transfer?
Yes, MDBK0000020 is a valid IFSC code for Model Co-operative Bank MAHIM branch in MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000020 belong to?
MDBK0000020 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 MAHIM is 400807012. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000020?
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.