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Mahanagar Co-operative Bank · Palghar

MCBL0960066: Mahanagar Co-operative Bank, Boisar

IFSC code MCBL0960066 belongs to the Boisar branch of Mahanagar Co-operative Bank in Palghar, Maharashtra. Its MICR code is 401096001.

IFSC
MCBL0960066
MICR
401096001
Bank
Mahanagar Co-operative Bank
Branch
Boisar
District
Palghar
State
Maharashtra
Phone
+912525270232

Branch address

Mahanagar Co-operative Bank
Shop No 1,2,3,4 Opp. Boisar Railway Station, Boisar Palghar Main Road, Boisar (West) Dist. Thane

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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 960066 is the code of the Boisar branch. In the MICR code 401096001, 401 is the city, 096 the bank and 001 the branch.

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 Boisar branch (Palghar, Maharashtra) is MCBL0960066.

  2. 401096001. MICR is printed at the bottom of the branch's cheques.

  3. Shop No 1,2,3,4 Opp. Boisar Railway Station, Boisar Palghar Main Road, Boisar (West) Dist. Thane

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC MCBL0960066 with the beneficiary's account number.

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