IFSC Code of Maharashtra State Cooperative Bank, Chembur Extension Counter Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for Maharashtra State Cooperative Bank, CHEMBUR EXTENSION COUNTER branch in MUMBAI. The 11-digit IFSC MSCI0082049 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Maharashtra State Cooperative Bank at the CHEMBUR EXTENSION COUNTER location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

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, MSCI0082049 is the IFSC of Maharashtra State Cooperative Bank's CHEMBUR EXTENSION COUNTER branch. The format is fixed: MSCI = bank code, 0 = reserved, 082049 = branch identifier.

Bank profile

Maharashtra State Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Chembur Extension Counter branch — IFSC MSCI0082049 — extends the bank's services to customers in and around Mumbai, Maharashtra.

Branch details at a glance

About the Chembur Extension Counter branch

The Chembur Extension Counter branch of Maharashtra State Cooperative Bank is situated at BAD TRUST BUILDING, CENTRAL AVENUE ROAD, 21 ST ROAD CORNER, CHEMBUR EAST, MUMBAI-400 071. 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 MSCI0082049 is used.

Why every Maharashtra State Cooperative Bank 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 CHEMBUR EXTENSION COUNTER of Maharashtra State Cooperative Bank — its own 11-character IFSC. The code MSCI0082049 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 MSCI0082049 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 Chembur Extension Counter branch is mapped to IFSC MSCI0082049 on the RBI payments network. The branch generally supports the full retail product catalogue of Maharashtra State Cooperative Bank, 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 MSCI0082049.

Products and services

Customers walking into the Chembur Extension Counter branch can access most of Maharashtra State Cooperative Bank'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 MSCI0082049

How to transfer money using IFSC MSCI0082049

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 MSCI0082049 across all three.

How to use IFSC MSCI0082049 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Maharashtra State Cooperative Bank's CHEMBUR EXTENSION COUNTER 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 MSCI0082049.
4. Confirm the bank name auto-populates as Maharashtra State Cooperative Bank and the branch as CHEMBUR EXTENSION COUNTER.
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 CHEMBUR EXTENSION COUNTER

If you need to transfer ₹2 lakh or more in one go to an account at Maharashtra State Cooperative Bank's CHEMBUR EXTENSION COUNTER branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MSCI0082049 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Maharashtra State Cooperative Bank – CHEMBUR EXTENSION COUNTER, use IMPS. With IFSC MSCI0082049 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 Chembur Extension Counter

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 MSCI0082049:

• 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 CHEMBUR EXTENSION COUNTER is still linked to IFSC MSCI0082049.

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 Maharashtra State Cooperative Bank's CHEMBUR EXTENSION COUNTER branch, the IFSC MSCI0082049 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 Chembur Extension Counter 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 MSCI0082049 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 Maharashtra State Cooperative Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MSCI0082049 and the account number together uniquely identify the Chembur Extension Counter 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 Maharashtra State Cooperative Bank – CHEMBUR EXTENSION COUNTER:

• The IFSC is exactly MSCI0082049 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Maharashtra State Cooperative Bank as the bank name and CHEMBUR EXTENSION COUNTER 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.

How to reach the Chembur Extension Counter branch

The branch is located at BAD TRUST BUILDING, CENTRAL AVENUE ROAD, 21 ST ROAD CORNER, CHEMBUR EAST, MUMBAI-400 071, which puts it inside Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Maharashtra State Cooperative Bank Chembur Extension Counter branch” — the verified location pin for IFSC MSCI0082049 should appear at the top of the results.
2. Confirm the branch is open by calling 22-25217534 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 MSCI0082049 and your account number.

Verifying IFSC MSCI0082049 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 MSCI0082049 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-25217534.
• Visiting the bank's official branch locator page.

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 Chembur Extension Counter branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MSCI0082049, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: MSCI0082049 is the IFSC code of Maharashtra State Cooperative Bank, CHEMBUR EXTENSION COUNTER branch, in MUMBAI, 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.