Model Co-operative Bank PALGHAR Branch IFSC Code

MDBK 0000027

Model Co-operative Bank

PALGHAR — PALGHAR, MAHARASHTRA

MICR: 400807018 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank: Model Co-operative Bank
Branch: PALGHAR
IFSC Code: MDBK0000027
MICR Code: 400807018
Address: SHOP NO 5-10,SHREE RAM VERMA COMPLEX,BLDG NO 4,AMBEDKAR CHOWK,MAHIM-MANOR ROAD,PALGHAR WEST - 401401
City: PALGHAR
District: MUMBAI
State: MAHARASHTRA
Contact: +912525252989

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MDBK0000027 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 MDBK0000027.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000027.

IFSC Code Structure

MDBK — Bank code (Model Co-operative Bank)
0 — Reserved (always 0)
000027 — Branch code (PALGHAR)

Nearby Model Co-operative Bank Branches in PALGHAR

VASAI WEST

MDBK0000028

LTNO 037B04,CSSII,CSSICHS.OPPGRCICHURCH,VSIWEST,PLGHR

MICR: 400807021 RTGS ✓ NEFT ✓ IMPS ✓

VIRAR

MDBK0000031

SHOP NO.1,GANGOTRI CHS,VIRAT NAGAR,VIRAR WEST

MICR: 400807020 RTGS ✓ NEFT ✓ IMPS ✓

View all Model Co-operative Bank branches in PALGHAR →

Frequently Asked Questions

Is MDBK0000027 valid for online transfer?

Yes, MDBK0000027 is a valid IFSC code for Model Co-operative Bank PALGHAR branch in PALGHAR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.

What bank does MDBK0000027 belong to?

MDBK0000027 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 PALGHAR is 400807018. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.

Can I do RTGS using MDBK0000027?

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.