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Municipal Coop Bank IFSC Code and MICR Code:

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Municipal Coop Bank IFSC Code

About The Municipal Co Operative Bank Ltd, Mumbai
In the year 1952, The Municipal Co Operative Bank Ltd, Mumbai was registered under the Co-operative Societies Act. It started its functioning in the open market from April, 1953. The principal architect of this Institution was the late Shri B.K. Patel, I.C.S. who was the Ex. Municipal Commissioner. It was through his high sense of public service that actually gathered around him a strong band of selfless Municipal employees plus wholeheartedly convinced them that through effective and efficient Co-operative effort Municipal employees can also assist not only themselves but also others in financial difficulties in any given situations, conditions and circumstances of personal and professional life.


At present, The Municipal Co-Op Bank Ltd, Mumbai comes with 5 Octroi Collection Centres and 21 branches in the given open market. It aims to maintain stable and sound Central Credit Organisation for each and every Municipal employee. It also focuses to give ancillary banking services to the Corporation with a lot of perfection. It is to be noted that this Banks ATM cards can be directly used as debit card on POS machines. The bank has ATM facility in nine branches those are Sion, Mulund T ward, Byculla, Parel, Bandra, Nair hospital, Chembur, Worli Hub (Off site) and Borivali with NPCIs Rupay card.


IFSC Code For Municipal Coop Bank
Indian Financial System Code is abbreviated as IFSC code. It is an alphanumeric code that helps in many bank applications particularly in case of financial transactions. It is mostly used for RTGS and NEFT fund transfer systems. These codes are unique codes for every particular branch and are provided by Reserve Bank of India. Fund transfer within the bank or in the different bank is done with the help of IFSC codes i.e. CORP0******.


How to Find IFSC Code for Municipal Coop Bank
Finding the IFSC Code is a simple task particularly if you are known to world of internet. Simply entering the details such as name of the state, name of the branch along with Municipal Cooperative Bank, on any search engine would come up with the list of websites that would give you the respective IFSC code. IFSC code comprises of bank code then a zero for further use and lastly the branch code.


Municipal Coop Bank MICR Code
Magnetic Ink Character Recognition Code is mainly used for handling cheque clearance and other bank documents. It is present at the bottom of every cheque. It can be easily read by humans unlike the bar codes.


How to Search Municipal Coop Bank MICR Code
MICR Code for Municipal Cooperative Bank is the numeric code which can be searched through any search engine just by entering the details of the branch, state and bank.


There are ample amount of websites available online that provide the details of bank and its branch therefore it is another crucial task to check the authenticity of the information. This means that the IFSC code or MICR code provided by that website must be correct and accurate as per the branch details.


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