Mahanagar Co-operative Bank, NAVI SANGVI

Here is the IFSC & MICR Codes of Mahanagar Co-operative Bank, NAVI SANGVI, PUNE, MAHARASHTRA. Also get the latest address, contact number of Mahanagar Co-operative Bank, NAVI SANGVI.

IFSC Code: MCBL0960056
Branch: NAVI SANGVI
Address: SHITOLE EMPIRE , GALA NO. 18 TO 23, FAMOUS CHOWK, NAVI SANGVI, PUNE. PIN. 411027 PH. NO. 020 27280350
Bank Code: MCBL
MICR: 411096005

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Frequently asked questions

What's the IFSC Code of NAVI SANGVI, Mahanagar Co-operative Bank?: The IFSC Code of NAVI SANGVI, Mahanagar Co-operative Bank is MCBL0960056.
What's the Address of NAVI SANGVI, Mahanagar Co-operative Bank?: The Address of NAVI SANGVI, Mahanagar Co-operative Bank is SHITOLE EMPIRE , GALA NO. 18 TO 23, FAMOUS CHOWK, NAVI SANGVI, PUNE. PIN. 411027 PH. NO. 020 27280350.
What's the MICR Code of NAVI SANGVI, Mahanagar Co-operative Bank?: The MICR Code of NAVI SANGVI, Mahanagar Co-operative Bank is 411096005.
What's the District NAVI SANGVI, Mahanagar Co-operative Bank falls under?: The District NAVI SANGVI, Mahanagar Co-operative Bank falls under is PUNE.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).