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

Use this page as a one-stop reference for everything related to GS Mahanagar Cooperative Bank Limited Mumbai's KOPARGAON branch in KOPARGAON, MAHARASHTRA. The branch's IFSC code MCBL0960068 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 KOPARGAON branch, the IFSC MCBL0960068 breaks down as follows: MCBL identifies the bank, 0 is the reserved character, and 960068 identifies this particular branch.

About GS Mahanagar Cooperative Bank Limited Mumbai

GS Mahanagar Cooperative Bank Limited Mumbai operates a wide network of branches across India, including the Kopargaon branch in Kopargaon. 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, MCBL0960068.

Branch details at a glance

Kopargaon branch overview

Located at KASLIWAL TOWERS GR. FLOOR PLOT NO,15, HISSA NO.13, SERVE NO.215/143/1, KOPARGAON, DIST. AHMEDNAGAR. PIN. 423601. MAHARASHTRA., the Kopargaon branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MCBL0960068 is required for all interbank electronic transfers routed through this branch.

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 KOPARGAON branch came to be assigned the code MCBL0960068.

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 MCBL0960068, money simply cannot be routed to the KOPARGAON branch electronically.

Account types you can open at the Kopargaon branch

Once you have an account at GS Mahanagar Cooperative Bank Limited Mumbai – KOPARGAON, the IFSC MCBL0960068 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 Kopargaon branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2423-224900.

• 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 MCBL0960068

How to transfer money using IFSC MCBL0960068

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 MCBL0960068 across all three.

NEFT to GS Mahanagar Cooperative Bank Limited Mumbai, KOPARGAON using IFSC MCBL0960068

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 MCBL0960068, and confirm that the system picks up GS Mahanagar Cooperative Bank Limited Mumbai – KOPARGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC MCBL0960068

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 – KOPARGAON, ensure your bank's portal accepts IFSC MCBL0960068 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to GS Mahanagar Cooperative Bank Limited Mumbai – KOPARGAON, use IMPS. With IFSC MCBL0960068 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 Kopargaon

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 MCBL0960068:

• 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 KOPARGAON is still linked to IFSC MCBL0960068.

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 MCBL0960068

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 – KOPARGAON is still mapped to IFSC MCBL0960068. 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 MCBL0960068 and the beneficiary's account number to complete the transfer.

Online banking and IFSC MCBL0960068

GS Mahanagar Cooperative Bank Limited Mumbai customers can register for net banking and the bank's official mobile app once their account at the KOPARGAON branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC MCBL0960068 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by GS Mahanagar Cooperative Bank Limited Mumbai carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MCBL0960068 and the account number together uniquely identify the Kopargaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC MCBL0960068

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to GS Mahanagar Cooperative Bank Limited Mumbai – KOPARGAON, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: MCBL0960068.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Kopargaon branch

The branch is located at KASLIWAL TOWERS GR. FLOOR PLOT NO,15, HISSA NO.13, SERVE NO.215/143/1, KOPARGAON, DIST. AHMEDNAGAR. PIN. 423601. MAHARASHTRA., which puts it inside Kopargaon, the broader Ahmadnagar 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 Kopargaon branch” — the verified location pin for IFSC MCBL0960068 should appear at the top of the results.
2. Confirm the branch is open by calling 2423-224900 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 MCBL0960068 and your account number.

Verifying IFSC MCBL0960068 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 MCBL0960068 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2423-224900.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Kopargaon 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 MCBL0960068 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MCBL0960068 belongs to GS Mahanagar Cooperative Bank Limited Mumbai's KOPARGAON branch, located at KASLIWAL TOWERS GR. FLOOR PLOT NO,15, HISSA NO.13, SERVE NO.215/143/1,… in KOPARGAON, 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.