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

Below are the complete branch details for GS Mahanagar Cooperative Bank Limited Mumbai, LOHAGAON branch, located in PUNE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MCBL0960075. 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 MCBL0960075 for GS Mahanagar Cooperative Bank Limited Mumbai – LOHAGAON — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, MCBL0960075 is the IFSC of GS Mahanagar Cooperative Bank Limited Mumbai's LOHAGAON branch. The format is fixed: MCBL = bank code, 0 = reserved, 960075 = branch identifier.

Branch details at a glance

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 Lohagaon branch in Pune, Maharashtra is part of this network and uses the IFSC code MCBL0960075 for all electronic settlement.

About the Lohagaon branch

The Lohagaon branch of GS Mahanagar Cooperative Bank Limited Mumbai is situated at CLASSIC PLAZA, CITY SERVEY NO. 1958, VADGAON SHINDE ROAD, SHOP NO. 21, 22, 23, 24 A 7 B, LOHAGAON, PUNE PIN 411047. 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 MCBL0960075 is used.

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 LOHAGAON branch came to be assigned the code MCBL0960075.

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 MCBL0960075, money simply cannot be routed to the LOHAGAON branch electronically.

How to transfer money using IFSC MCBL0960075

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 MCBL0960075 across all three.

How to use IFSC MCBL0960075 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to GS Mahanagar Cooperative Bank Limited Mumbai's LOHAGAON branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC MCBL0960075.
4. Confirm the bank name auto-populates as GS Mahanagar Cooperative Bank Limited Mumbai and the branch as LOHAGAON.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to LOHAGAON

If you need to transfer ₹2 lakh or more in one go to an account at GS Mahanagar Cooperative Bank Limited Mumbai's LOHAGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MCBL0960075 while initiating the transfer and the credit will appear within minutes.

IMPS to GS Mahanagar Cooperative Bank Limited Mumbai LOHAGAON (IFSC MCBL0960075)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MCBL0960075 in your mobile or internet banking app, and the money is credited to the LOHAGAON branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Lohagaon

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 MCBL0960075:

• 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 LOHAGAON is still linked to IFSC MCBL0960075.

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.

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 LOHAGAON branch, the IFSC MCBL0960075 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.

Products and account variants supported

Every account opened at the Lohagaon branch is mapped to IFSC MCBL0960075 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 MCBL0960075.

Banking services available

The Lohagaon branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-26685030.

• 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 MCBL0960075

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 MCBL0960075 and the account number together uniquely identify the Lohagaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC MCBL0960075

GS Mahanagar Cooperative Bank Limited Mumbai customers can register for net banking and the bank's official mobile app once their account at the LOHAGAON 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 MCBL0960075 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.

Common mistakes to avoid when using IFSC MCBL0960075

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 – LOHAGAON, 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: MCBL0960075.
• 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.

Reaching the branch

The Lohagaon branch sits at CLASSIC PLAZA, CITY SERVEY NO. 1958, VADGAON SHINDE ROAD, SHOP NO. 21, 22, 23, 24 A 7 B, LOHAGAON, PUNE PIN 411047. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-26685030 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 MCBL0960075 and your account number.

Verifying IFSC MCBL0960075 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 MCBL0960075 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 20-26685030.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Lohagaon 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 MCBL0960075 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MCBL0960075 belongs to GS Mahanagar Cooperative Bank Limited Mumbai's LOHAGAON branch, located at CLASSIC PLAZA, CITY SERVEY NO. 1958, VADGAON SHINDE ROAD, SHOP NO. 21, 22, 23,… in PUNE, 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.