Model Co-operative Bank AMBOLI Branch IFSC Code

MDBK 0000024
Model Co-operative Bank
AMBOLI — MUMBAI, MAHARASHTRA
MICR: 400807015 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Model Co-operative Bank
Branch
AMBOLI
IFSC Code
MDBK0000024
MICR Code
400807015
Address
SHOP NO 6,SUVIDHA SQUARE,CAESAR ROAD,ANDHERI WEST,MUMBAI 400 058
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City
MUMBAI
District
MUMBAI
State
MAHARASHTRA
Contact
+912226774206

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MDBK0000024 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 MDBK0000024.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000024.

IFSC Code Structure

M
D
B
K
0
0
0
0
0
2
4
  • MDBK — Bank code (Model Co-operative Bank)
  • 0 — Reserved (always 0)
  • 000024 — Branch code (AMBOLI)

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Frequently Asked Questions

Is MDBK0000024 valid for online transfer?
Yes, MDBK0000024 is a valid IFSC code for Model Co-operative Bank AMBOLI branch in MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000024 belong to?
MDBK0000024 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 AMBOLI is 400807015. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000024?
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.