Latest details of Ifsc: Mdbk0000023
MODEL COOPERATIVE BANK LTD
Branch name : DAHISAR
Contact Information
Address: SHOP NO 10& 11,THE DAHISAR ROCK GARDEN,EF CHSL,OFF NEW LINK ROAD,KANDERPADA,DAHISAR,MUMBAI 400068
Contact number: 28918243
Bank Details
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
