Municipal Co-operative Bank IFSC Code MUBL0000020

Municipal Co-operative Bank – NAIR

IFSC Code: MUBL0000020

MICR Code: 400110020

Branch: NAIR

Bank: Municipal Co-operative Bank

Address: B.Y.L.NAIR HOSPITAL COMPOUND, MUMBAI CENTRAL, MUMBAI 400 008.

District: GREATER BOMBAY

State: MAHARASHTRA

Contact: 23098669

Indian Financial System Code (IFSC): MUBL0000020

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000020. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400110020

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.