Model Co-operative Bank BHIWANDI Branch IFSC Code
MDBK 0000029
Model Co-operative Bank
BHIWANDI — BHIWANDI, MAHARASHTRA
MICR: 400807022
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✗
Branch Details
- Bank
- Model Co-operative Bank
- Branch
- BHIWANDI
- IFSC Code
- MDBK0000029
- MICR Code
- 400807022
- Address
- UNIT NO 15,BUILDING E3,BHOOMI WORLD INDUSTRIAL PARK,PIMPLAS,NH3,BHIWANDI Open in Google Maps
- City
- BHIWANDI
- District
- MUMBAI
- State
- MAHARASHTRA
- Contact
- +912522297637
How to Use This IFSC Code
NEFT Transfer
Use IFSC code MDBK0000029 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 MDBK0000029.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000029.
IFSC Code Structure
M
D
B
K
0
0
0
0
0
2
9
- MDBK — Bank code (Model Co-operative Bank)
- 0 — Reserved (always 0)
- 000029 — Branch code (BHIWANDI)
Frequently Asked Questions
Is MDBK0000029 valid for online transfer?
Yes, MDBK0000029 is a valid IFSC code for Model Co-operative Bank BHIWANDI branch in BHIWANDI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000029 belong to?
MDBK0000029 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 BHIWANDI is 400807022. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000029?
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.