IFSC Code of Model Co-operative Bank, MAHIM, MUMBAI

MDBK0000020

BankModel Co-operative Bank
IFSC CodeMDBK0000020
Branch Code000020 (last six characters of IFSC)
BranchMAHIM
City / DistrictMUMBAI
StateMAHARASHTRA

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Model Co-operative Bank MAHIM IFSC Code

The MAHIM branch of Model Co-operative Bank located in MUMBAI, MAHARASHTRA is identified by the IFSC code MDBK0000020. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using MDBK0000020

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code MDBK0000020 to identify the MAHIM branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Model Co-operative Bank, MAHIM?
The IFSC code is MDBK0000020.

What is the branch code?
The branch code is 000020, the last six characters of the IFSC code.