IFSC Code of GS Mahanagar Cooperative Bank Limited Mumbai, Aurangabad Branch, Maharashtra

Below are the complete branch details for GS Mahanagar Cooperative Bank Limited Mumbai, AURANGABAD branch, located in AURANGABAD, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MCBL0960070. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case MCBL0960070 for GS Mahanagar Cooperative Bank Limited Mumbai – AURANGABAD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For GS Mahanagar Cooperative Bank Limited Mumbai's AURANGABAD branch, the IFSC MCBL0960070 breaks down as follows: MCBL identifies the bank, 0 is the reserved character, and 960070 identifies this particular branch.

Bank profile

GS Mahanagar Cooperative Bank Limited Mumbai is among the recognised banks listed on the Reserve Bank of India's payments network. The Aurangabad branch — IFSC MCBL0960070 — extends the bank's services to customers in and around Aurangabad, Maharashtra.

Aurangabad branch overview

Located at KAKADE CHAMBER, SHOP NO 1,2&3, ON GROUND FLOOR, AND SHOP NO 1,2, ON BASEMENT FLOOR, JYOTI NAGAR, SHAHANUR WADI, HOTEL AMARDEEP, DARGA ROAD,ON PLOT NO 87-91,CTS NO.16035-A-67-A-80, AURANGABAD-431001, the Aurangabad branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MCBL0960070 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how GS Mahanagar Cooperative Bank Limited Mumbai's AURANGABAD branch came to be assigned the code MCBL0960070.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC MCBL0960070, money simply cannot be routed to the AURANGABAD branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Aurangabad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MCBL0960070 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC MCBL0960070

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC MCBL0960070 across all three.

NEFT to GS Mahanagar Cooperative Bank Limited Mumbai, AURANGABAD using IFSC MCBL0960070

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC MCBL0960070, and confirm that the system picks up GS Mahanagar Cooperative Bank Limited Mumbai – AURANGABAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to AURANGABAD

If you need to transfer ₹2 lakh or more in one go to an account at GS Mahanagar Cooperative Bank Limited Mumbai's AURANGABAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MCBL0960070 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to GS Mahanagar Cooperative Bank Limited Mumbai – AURANGABAD, use IMPS. With IFSC MCBL0960070 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Aurangabad

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC MCBL0960070:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at AURANGABAD is still linked to IFSC MCBL0960070.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC MCBL0960070

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at GS Mahanagar Cooperative Bank Limited Mumbai – AURANGABAD is still mapped to IFSC MCBL0960070. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC MCBL0960070 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Aurangabad branch is mapped to IFSC MCBL0960070 on the RBI payments network. The branch generally supports the full retail product catalogue of GS Mahanagar Cooperative Bank Limited Mumbai, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains MCBL0960070.

Banking services available

The Aurangabad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 240-2361511.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC MCBL0960070

Digital banking channels

Most day-to-day work that customers used to do at the Aurangabad branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC MCBL0960070 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The Aurangabad branch sits at KAKADE CHAMBER, SHOP NO 1,2&3, ON GROUND FLOOR, AND SHOP NO 1,2, ON BASEMENT FLOOR, JYOTI NAGAR, SHAHANUR WADI, HOTEL AMARDEEP, DARGA ROAD,ON PLOT NO 87-91,CTS NO.16035-A-67-A-80, AURANGABAD-431001. If you are travelling from outside Aurangabad, search for the branch on a maps application using the bank name and locality, or call 240-2361511 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC MCBL0960070 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to GS Mahanagar Cooperative Bank Limited Mumbai – AURANGABAD:

• The IFSC is exactly MCBL0960070 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills GS Mahanagar Cooperative Bank Limited Mumbai as the bank name and AURANGABAD as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Aurangabad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MCBL0960070, however, work 24x7.

Verifying IFSC MCBL0960070 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm MCBL0960070 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 240-2361511.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MCBL0960070 belongs to GS Mahanagar Cooperative Bank Limited Mumbai's AURANGABAD branch, located at KAKADE CHAMBER, SHOP NO 1,2&3, ON GROUND FLOOR, AND SHOP NO 1,2, ON BASEMENT… in AURANGABAD, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.