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

Below are the complete branch details for GS Mahanagar Cooperative Bank Limited Mumbai, NASIK ROAD branch, located in NASIK, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MCBL0960057. 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 MCBL0960057 for GS Mahanagar Cooperative Bank Limited Mumbai – NASIK ROAD — 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 – NASIK ROAD is MCBL0960057. The first four letters MCBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 960057 map to this branch in NASIK, MAHARASHTRA.

About the bank

GS Mahanagar Cooperative Bank Limited Mumbai serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nasik Road branch in Nasik, Maharashtra is part of this network and uses the IFSC code MCBL0960057 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at PRATIBHA SANKUL, GALA NO. 5 TO 10, OPP. TARAN TALAW, NASIK ROAD, NASIK. PIN. 422101.PH. NO. 0253 2451846. It serves the Nasik region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of GS Mahanagar Cooperative Bank Limited Mumbai. The IFSC MCBL0960057 is used to identify this branch on the RBI payments network.

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 NASIK ROAD of GS Mahanagar Cooperative Bank Limited Mumbai — its own 11-character IFSC. The code MCBL0960057 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 MCBL0960057 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Nasik Road branch is mapped to IFSC MCBL0960057 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 MCBL0960057.

Products and services

Customers walking into the Nasik Road branch can access most of GS Mahanagar Cooperative Bank Limited Mumbai's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC MCBL0960057

How to transfer money using IFSC MCBL0960057

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 MCBL0960057 across all three.

NEFT to GS Mahanagar Cooperative Bank Limited Mumbai, NASIK ROAD using IFSC MCBL0960057

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 MCBL0960057, and confirm that the system picks up GS Mahanagar Cooperative Bank Limited Mumbai – NASIK ROAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC MCBL0960057

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 – NASIK ROAD, ensure your bank's portal accepts IFSC MCBL0960057 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 – NASIK ROAD, use IMPS. With IFSC MCBL0960057 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC MCBL0960057 for GS Mahanagar Cooperative Bank Limited Mumbai – NASIK ROAD, 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 Nasik Road 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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at GS Mahanagar Cooperative Bank Limited Mumbai's NASIK ROAD branch, the IFSC MCBL0960057 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Digital banking channels

Most day-to-day work that customers used to do at the Nasik Road 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 MCBL0960057 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.

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 MCBL0960057 and the account number together uniquely identify the Nasik Road branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – NASIK ROAD:

• The IFSC is exactly MCBL0960057 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 NASIK ROAD 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.

Reaching the branch

The Nasik Road branch sits at PRATIBHA SANKUL, GALA NO. 5 TO 10, OPP. TARAN TALAW, NASIK ROAD, NASIK. PIN. 422101.PH. NO. 0253 2451846. If you are travelling from outside Nasik, search for the branch on a maps application using the bank name and locality, or call 253-2451846 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 MCBL0960057 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MCBL0960057 for GS Mahanagar Cooperative Bank Limited Mumbai – NASIK ROAD, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Nasik Road 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 MCBL0960057 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MCBL0960057 belongs to GS Mahanagar Cooperative Bank Limited Mumbai's NASIK ROAD branch, located at PRATIBHA SANKUL, GALA NO. 5 TO 10, OPP. TARAN TALAW, NASIK ROAD, NASIK. PIN.… in NASIK, 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.