Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
Model Co-operative Bank, MALAD
- IFSC
- MDBK0000016
- BRANCH
- MALAD
- ADDRESS
- CASA ANGELICA BLDG.DOMINIC COLONY,TANK ROAD,ORLEM,MALAD WEST,MUMBAI 400064
- BANKCODE
- MDBK
- MICR
- 400807008
- DISTRICT
- MUMBAI
- CITY
- MUMBAI
- STATE
- MAHARASHTRA
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 system in India.
The IFSC code is made up of three parts:
- The first four characters (MDBK in MDBK0000016) are the bank code, identifying Model Co-operative Bank.
- The fifth character (0 in MDBK0000016) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (000016 in MDBK0000016) are the branch code for MALAD.
For example, MDBK0000016 is the IFSC for Model Co-operative Bank’s MALAD branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.
