Latest details of Ifsc: Mdbk0000029
MODEL COOPERATIVE BANK LTD
Branch name : BHIWANDI
Contact Information
Address: UNIT NO 15,BUILDING E3,BHOOMI WORLD INDUSTRIAL PARK,PIMPLAS,NH3,BHIWANDI
Contact number: 297637
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.
