Indian Financial System Code, popularly known as IFSC code, is an 11-digit alphanumeric code that helps identify the individual bank branches. IFSC code is used to transfer funds online for NEFT, IMPS, and RTGS transactions. First four digit characters represent the bank, followed by a zero (0), and the last 6 characters, usually number, represent the bank branch.
Customer can find IFSC code on their bank’s cheque leaves, passbooks, bank statement and other banking documents.
Unique branch identification: Through an IFSC code, the particular branches of source and destination banks can be identified.
Useful for electronic transfer: It is used for online fund transfer like NEFT, RTGS & IMPS, and helps eliminate errors.
This helps customers search for IFSC code of any branch of any bank across the country.
The Municipal Co-op Bank Ltd. is a cooperative bank and started functioning from April 9. It operates as a Primary Credit Society. The bank was established with the objective of undertaking banking business in Greater Mumbai and inculcating the habit of banking and thrift in the Municipal employees, and on the other hand to give ancillary banking services to the Corporation.
Savings deposits Term deposits Recurring deposits
Medium term loan Emergency loan Housing loan Higher education loan Loan against property Loan against LIC policy Four wheeler vehicle loan Two wheeler vehicle loan Loan against compulsory deposit Mortgage loan