Mahanagar Co-operative Bank IFSC Code MCBL0960027

Mahanagar Co-operative Bank – PANVEL

IFSC Code: MCBL0960027

MICR Code: 400096027

Branch: PANVEL

Bank: Mahanagar Co-operative Bank

Address: BANTHIYA HOUSE, SHOP NO. 1 & 2, HOME NO. 903. M. G. ROAD, PANVEL, DIST. RAIGAD.

District: RAIGAD

State: MAHARASHTRA

Contact: +912227467387

Indian Financial System Code (IFSC): MCBL0960027

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 960027. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400096027

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.