Model Co-operative Bank VASAI WEST Branch IFSC Code

MDBK 0000028
Model Co-operative Bank
VASAI WEST — PALGHAR, MAHARASHTRA
MICR: 400807021 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Model Co-operative Bank
Branch
VASAI WEST
IFSC Code
MDBK0000028
MICR Code
400807021
Address
LTNO 037B04,CSSII,CSSICHS.OPPGRCICHURCH,VSIWEST,PLGHR
Open in Google Maps
City
PALGHAR
District
MUMBAI
State
MAHARASHTRA
Contact
+912502383998

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MDBK0000028 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 MDBK0000028.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000028.

IFSC Code Structure

M
D
B
K
0
0
0
0
0
2
8
  • MDBK — Bank code (Model Co-operative Bank)
  • 0 — Reserved (always 0)
  • 000028 — Branch code (VASAI WEST)

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Frequently Asked Questions

Is MDBK0000028 valid for online transfer?
Yes, MDBK0000028 is a valid IFSC code for Model Co-operative Bank VASAI WEST branch in PALGHAR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000028 belong to?
MDBK0000028 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 VASAI WEST is 400807021. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000028?
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.