The Municipal Cooperative Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account, without any errors.

For example, we can take the IFSC code: "MUBL0000001" - of The Municipal Cooperative Bank Limited branch in Fort, Mumbai, Maharashtra.

• Here, the first four alphabets, MUBL, indicate the bank name, i.e., The Municipal Cooperative Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 000001 - denotes a particular branch at Fort, Mumbai, Maharashtra.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any The Municipal Cooperative Bank Limited account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.

Easy way to find The Municipal Cooperative Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by The Municipal Cooperative Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website.

Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

The Municipal Cooperative Bank Limited Branch Details

• Maharashtra

ABOUT MUNICIPAL COOPERATIVE BANK

• The Municipal Cooperative Bank Limited at Mumbai was registered under the Maharashtra Cooperative Societies Act in 1952. After obtaining a licence from Reserve Bank of India, it undertook banking business and opened a number of branches in Brihan, Mumbai. The object of the bank is to inculcate the habit of banking and thrift in the Municipal employees as also to meet their credit needs and make all types of banking facilities available to its member and depositors, who are not only Municipal employees but are from general public as well since the bank is open for all.


• As on 31 March 2021, the share capital of the bank is Rs.154.33 crores, reserve and other funds is Rs.497.30 crores, deposit is Rs.3894.10 crores, investment is Rs.1966.18 crores, loans and advances is Rs.2580.85 crores, working capital is Rs.5069.96 crores and net profit after paying tax is Rs.72.56 crores. It has 22 branches and there are 80,482 members.


• The Membership of the bank will be open to any employee of the Municipal Corporation of Greater Mumbai who is in continuous service in a time scale. The Municipal Co-Op. Bank Ltd., Mumbai brings you Mobile Banking service through which you get instant services 24 x 7 and 365 days a year. The bank has started a missed call alert facility to its customers. Customers can give missed calls on 8505888828 numbers and get their account balance details instantly.

ADDRESS:
The Municipal Cooperative Bank Limited, Mumbai,
Municipal Bank Bhavan,
245, P D'mello Road,
Fort, Mumbai - 400 001.
For further details contact:022-22616911 / 12, 22618653, 22613814.
Email: HO@MCBBANK.CO.IN