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

Below are the complete branch details for GS Mahanagar Cooperative Bank Limited Mumbai, CHAKAN branch, located in CHAKAN, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MCBL0960076. 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 MCBL0960076 for GS Mahanagar Cooperative Bank Limited Mumbai – CHAKAN — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for GS Mahanagar Cooperative Bank Limited Mumbai – CHAKAN is MCBL0960076. The first four letters MCBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 960076 map to this branch in CHAKAN, MAHARASHTRA.

About GS Mahanagar Cooperative Bank Limited Mumbai

GS Mahanagar Cooperative Bank Limited Mumbai operates a wide network of branches across India, including the Chakan branch in Chakan. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MCBL0960076.

About the Chakan branch

The Chakan branch of GS Mahanagar Cooperative Bank Limited Mumbai is situated at RIDHI SIDHI BULDING,GROUND FLOOR,SURVEY NO.1171/A,MILKAT NO.5365,CHAKAN SHIKRAPUR ROAD,CHAKAN. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code MCBL0960076 is used.

Branch details at a glance

Why every GS Mahanagar Cooperative Bank Limited Mumbai branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including CHAKAN of GS Mahanagar Cooperative Bank Limited Mumbai — its own 11-character IFSC. The code MCBL0960076 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC MCBL0960076 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Chakan branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MCBL0960076 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 MCBL0960076

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 MCBL0960076 across all three.

NEFT to GS Mahanagar Cooperative Bank Limited Mumbai, CHAKAN using IFSC MCBL0960076

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 MCBL0960076, and confirm that the system picks up GS Mahanagar Cooperative Bank Limited Mumbai – CHAKAN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC MCBL0960076

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to GS Mahanagar Cooperative Bank Limited Mumbai – CHAKAN, ensure your bank's portal accepts IFSC MCBL0960076 while registering the beneficiary. RTGS is also available 24x7.

IMPS to GS Mahanagar Cooperative Bank Limited Mumbai CHAKAN (IFSC MCBL0960076)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MCBL0960076 in your mobile or internet banking app, and the money is credited to the CHAKAN branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC MCBL0960076 for GS Mahanagar Cooperative Bank Limited Mumbai – CHAKAN, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Chakan branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC MCBL0960076

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 – CHAKAN is still mapped to IFSC MCBL0960076. 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 MCBL0960076 and the beneficiary's account number to complete the transfer.

Account types you can open at the Chakan branch

Once you have an account at GS Mahanagar Cooperative Bank Limited Mumbai – CHAKAN, the IFSC MCBL0960076 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Chakan branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-24710821.

• 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 MCBL0960076

Digital banking channels

Most day-to-day work that customers used to do at the Chakan 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 MCBL0960076 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.

How to reach the Chakan branch

The branch is located at RIDHI SIDHI BULDING,GROUND FLOOR,SURVEY NO.1171/A,MILKAT NO.5365,CHAKAN SHIKRAPUR ROAD,CHAKAN, which puts it inside Chakan, the broader Pune district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “GS Mahanagar Cooperative Bank Limited Mumbai Chakan branch” — the verified location pin for IFSC MCBL0960076 should appear at the top of the results.
2. Confirm the branch is open by calling 22-24710821 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC MCBL0960076 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 – CHAKAN:

• The IFSC is exactly MCBL0960076 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 CHAKAN 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.

Working hours

Branch counters at Chakan are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to MCBL0960076 continue to work without interruption.

Verifying IFSC MCBL0960076 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 MCBL0960076 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-24710821.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: MCBL0960076 is the IFSC code of GS Mahanagar Cooperative Bank Limited Mumbai, CHAKAN branch, in CHAKAN, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.