IFSC Code MCBL0960021 - Gs Mahanagar Co-operative Bank Limited Mumbai Ncrd Nerul

Gs Mahanagar Co-operative Bank Limited Mumbai Ncrd Nerul Branch IFSC Code MCBL0960021 — Complete Banking Guide for New Mumbai, Maharashtra

IFSC code MCBL0960021 belongs to the Ncrd Nerul branch of Gs Mahanagar Co-operative Bank Limited Mumbai in New Mumbai, Thane district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC MCBL0960021 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.

About Gs Mahanagar Co-operative Bank Limited Mumbai, Ncrd Nerul Branch

The Ncrd Nerul branch of Gs Mahanagar Co-operative Bank Limited Mumbai in New Mumbai, Maharashtra serves retail and corporate customers in Thane district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC MCBL0960021 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.

Payment Methods Using IFSC MCBL0960021

Four primary digital payment rails use IFSC MCBL0960021 for transfers to Gs Mahanagar Co-operative Bank Limited Mumbai, Ncrd Nerul: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC MCBL0960021 against the RBI IFSC master list before processing the payment.

MICR Code and Branch Details

In addition to the IFSC, the Ncrd Nerul branch of Gs Mahanagar Co-operative Bank Limited Mumbai in New Mumbai carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC MCBL0960021 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.

How to Verify IFSC MCBL0960021 Before Transferring

Before initiating any high-value transfer to IFSC MCBL0960021, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Gs Mahanagar Co-operative Bank Limited Mumbai's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.