Malad Sahakari Bank BHIVANDI

Malad Sahakari Bank – BHIVANDI

IFSC Code: MSBL0000016

MICR Code: 400175003

Branch: BHIVANDI

Bank: Malad Sahakari Bank

Address: SHOP NO 1,2 18A,18B CITY CENTRE,CTS NO 8792/93/94,KAMATGHAR,DHAMANKAR NAKA,BHIVANDI,DIST THANE 421302

District: THANE

State: MAHARASHTRA

Contact: +912522238176

Indian Financial System Code (IFSC): MSBL0000016

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 000016. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400175003

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.