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Mahanagar Co-operative Bank · Mumbai Suburban

MCBL0960019: Mahanagar Co-operative Bank, Borivali Magathane

IFSC code MCBL0960019 belongs to the Borivali Magathane branch of Mahanagar Co-operative Bank in Mumbai Suburban, Maharashtra. Its MICR code is 400096019.

IFSC
MCBL0960019
MICR
400096019
Bank
Mahanagar Co-operative Bank
Branch
Borivali Magathane
District
Mumbai Suburban
State
Maharashtra
Phone
+912228861861

Branch address

Mahanagar Co-operative Bank
Magathane Bus Depot Building, Borivali (East), Mumbai-400066

Open in a map · Pincode 400066: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

MCBL is Mahanagar Co-operative Bank's bank code, the fifth character 0 is kept for future use, and 960019 is the code of the Borivali Magathane branch. In the MICR code 400096019, 400 is the city, 096 the bank and 019 the branch.

Other Mahanagar Co-operative Bank branches in Mumbai Suburban

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Mahanagar Co-operative Bank's Borivali Magathane branch (Mumbai Suburban, Maharashtra) is MCBL0960019.

  2. 400096019. MICR is printed at the bottom of the branch's cheques.

  3. Magathane Bus Depot Building, Borivali (East), Mumbai-400066

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MCBL0960019 with the beneficiary's account number.

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