Model Co-operative Bank PANVEL Branch IFSC Code

MDBK 0000033
Model Co-operative Bank
PANVEL — RAIGAD, MAHARASHTRA
MICR: 400807025 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✗

Branch Details

Bank
Model Co-operative Bank
Branch
PANVEL
IFSC Code
MDBK0000033
MICR Code
400807025
Address
SHOP NO 3-5,CRYSTAL APTS,PLOT NO.25,PANVEL-MATHERAN ROAD,SECTOR 19,NEW PANVEL
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City
RAIGAD
District
MUMBAI
State
MAHARASHTRA
Contact
+912227459047

How to Use This IFSC Code

NEFT Transfer

Use IFSC code MDBK0000033 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 MDBK0000033.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code MDBK0000033.

IFSC Code Structure

M
D
B
K
0
0
0
0
0
3
3
  • MDBK — Bank code (Model Co-operative Bank)
  • 0 — Reserved (always 0)
  • 000033 — Branch code (PANVEL)

Frequently Asked Questions

Is MDBK0000033 valid for online transfer?
Yes, MDBK0000033 is a valid IFSC code for Model Co-operative Bank PANVEL branch in RAIGAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does MDBK0000033 belong to?
MDBK0000033 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 PANVEL is 400807025. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using MDBK0000033?
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.