IFSC Code
Model Cooperative Bank Ltd IFSC Code - Malad
Branch Details
How to Transfer Funds Using Model Cooperative Bank Ltd Malad IFSC Code?
You can transfer money electronically to the Model Cooperative Bank Ltd Malad branch using the IFSC code MDBK0000016. Follow this step-by-step transaction guide:
- Log in to your bank's official internet banking portal or open their mobile banking application.
- Navigate to the **'Fund Transfer'** or **'Add Beneficiary'** option.
- Enter the beneficiary's name and their account number.
- In the IFSC field, enter the 11-digit code MDBK0000016.
- The system will automatically verify the branch name as **Malad** located at Casa Angelica Bldg.dominic Colony,tank Road,orlem,malad West,mumbai 400064.
- Confirm the beneficiary registration and choose your transfer method: **NEFT**, **RTGS**, or **IMPS**.
- Enter the amount you wish to transfer and complete the transaction securely via OTP verification.
Important: Always double check the account number and IFSC code before authorizing a transaction to avoid failures or incorrect deposits.
Frequently Asked Questions
1. What is the IFSC Code of Model Cooperative Bank Ltd Malad?
The IFSC Code of Model Cooperative Bank Ltd Malad is MDBK0000016. This 11-digit alphanumeric code is mandatory for all online fund transfers, including NEFT, RTGS, and IMPS.
2. What is the MICR Code for Model Cooperative Bank Ltd Malad?
The MICR Code for Model Cooperative Bank Ltd Malad is NA. It is a 9-digit code printed on the bottom of cheque leaves, used primarily for faster clearing of cheques.
3. Where is Model Cooperative Bank Ltd Malad located?
The branch is located at Casa Angelica Bldg.dominic Colony,tank Road,orlem,malad West,mumbai 400064, in the city of Mumbai, Mumbai district, Maharashtra.
4. How can I use the MDBK0000016 IFSC code?
You can use MDBK0000016 to transfer money electronically via internet banking or mobile apps. Simply add the beneficiary, enter their account number, name, and this IFSC code to initiate a secure NEFT, RTGS, or IMPS transaction.