Model Co-operative Bank VIRAR Branch IFSC Code
MDBK 0000031
Model Co-operative Bank
VIRAR — PALGHAR, MAHARASHTRA
MICR: 400807020
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✗
Branch Details
- Bank
- Model Co-operative Bank
- Branch
- VIRAR
- IFSC Code
- MDBK0000031
- MICR Code
- 400807020
- City
- PALGHAR
- District
- MUMBAI
- State
- MAHARASHTRA
- Contact
- +912502514973
How to Use This IFSC Code
NEFT Transfer
Use IFSC code MDBK0000031 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 MDBK0000031.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000031.
IFSC Code Structure
M
D
B
K
0
0
0
0
0
3
1
- MDBK — Bank code (Model Co-operative Bank)
- 0 — Reserved (always 0)
- 000031 — Branch code (VIRAR)
Nearby Model Co-operative Bank Branches in PALGHAR
PALGHAR
MDBK0000027
SHOP NO 5-10,SHREE RAM VERMA COMPLEX,BLDG NO 4,AMBEDKAR CHOWK,MAHIM-MANOR ROAD,PALGHAR WEST - 401401
MICR: 400807018 RTGS ✓ NEFT ✓ IMPS ✓
VASAI WEST
MDBK0000028
LTNO 037B04,CSSII,CSSICHS.OPPGRCICHURCH,VSIWEST,PLGHR
MICR: 400807021 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is MDBK0000031 valid for online transfer?
Yes, MDBK0000031 is a valid IFSC code for Model Co-operative Bank VIRAR branch in PALGHAR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000031 belong to?
MDBK0000031 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 VIRAR is 400807020. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000031?
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.