Mumbai District Central Co-operative Bank, VILE PARLE

Here is the IFSC & MICR Codes of Mumbai District Central Co-operative Bank, VILE PARLE, MUMBAI, MAHARASHTRA. Also get the latest address, contact number of Mumbai District Central Co-operative Bank, VILE PARLE.

IFSC Code: MDCB0680003
Branch: VILE PARLE
Address: DAMODAR BHAVAN, OPP.VILE PARLE STATION, VILE PARLE (W),MUMBAI 400 056
Bank Code: MDCB
MICR: 400068003

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Frequently asked questions

What's the IFSC Code of VILE PARLE, Mumbai District Central Co-operative Bank?: The IFSC Code of VILE PARLE, Mumbai District Central Co-operative Bank is MDCB0680003.
What's the Address of VILE PARLE, Mumbai District Central Co-operative Bank?: The Address of VILE PARLE, Mumbai District Central Co-operative Bank is DAMODAR BHAVAN, OPP.VILE PARLE STATION, VILE PARLE (W),MUMBAI 400 056.
What's the MICR Code of VILE PARLE, Mumbai District Central Co-operative Bank?: The MICR Code of VILE PARLE, Mumbai District Central Co-operative Bank is 400068003.
What's the District VILE PARLE, Mumbai District Central Co-operative Bank falls under?: The District VILE PARLE, Mumbai District Central Co-operative Bank falls under is MUMBAI.

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).