Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of The Cooperative Bank of Rajkot Limited, Mavdi Branch, Gujarat

    IFSC code TCBR0000116 - The Cooperative Bank of Rajkot Limited, Mavdi Branch, Rajkot, Gujarat. Use it for NEFT, RTGS and IMPS transfers.

    This page lists the IFSC code, branch address, contact number and fund-transfer information for The Cooperative Bank of Rajkot Limited, MAVDI branch in RAJKOT. The 11-digit IFSC TCBR0000116 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 The Cooperative Bank of Rajkot Limited at the MAVDI 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, TCBR0000116 is the IFSC of The Cooperative Bank of Rajkot Limited's MAVDI branch. The format is fixed: TCBR = bank code, 0 = reserved, 000116 = branch identifier.

    Branch details at a glance

    Bank NameThe Cooperative Bank of Rajkot Limited
    BranchMavdi
    IFSC CodeTCBR0000116
    MICR CodeRefer to cheque leaf
    Branch AddressMAVDI CHOWK,OPP JITHALIA HANUMAN TEMPLE,150 FT RING ROAD,RAJKOT 360004
    CityRajkot
    DistrictRajkot
    StateGujarat
    STD Code281
    Phone2364300

    About the bank

    The Cooperative Bank of Rajkot Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mavdi branch in Rajkot, Gujarat is part of this network and uses the IFSC code TCBR0000116 for all electronic settlement.

    Mavdi branch overview

    Located at MAVDI CHOWK,OPP JITHALIA HANUMAN TEMPLE,150 FT RING ROAD,RAJKOT 360004, the Mavdi branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC TCBR0000116 is required for all interbank electronic transfers routed through this branch.

    Why every The Cooperative Bank of Rajkot Limited 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 MAVDI of The Cooperative Bank of Rajkot Limited — its own 11-character IFSC. The code TCBR0000116 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 TCBR0000116 the same way you would treat your account number — verify it once and save it carefully for future use.

    How to transfer money using IFSC TCBR0000116

    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 TCBR0000116 across all three.

    How to use IFSC TCBR0000116 for an NEFT transfer

    NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Cooperative Bank of Rajkot Limited's MAVDI 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 TCBR0000116.
    4. Confirm the bank name auto-populates as The Cooperative Bank of Rajkot Limited and the branch as MAVDI.
    5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

    RTGS transfers via IFSC TCBR0000116

    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 The Cooperative Bank of Rajkot Limited – MAVDI, ensure your bank's portal accepts IFSC TCBR0000116 while registering the beneficiary. RTGS is also available 24x7.

    Send money instantly through IMPS

    For a real-time, anytime transfer to The Cooperative Bank of Rajkot Limited – MAVDI, use IMPS. With IFSC TCBR0000116 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 TCBR0000116 for The Cooperative Bank of Rajkot Limited – MAVDI, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – TCBR0000116Yes – TCBR0000116Yes – TCBR0000116

    For most retail customers crediting the Mavdi 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 The Cooperative Bank of Rajkot Limited's MAVDI branch, the IFSC TCBR0000116 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.

    Account types you can open at the Mavdi branch

    Once you have an account at The Cooperative Bank of Rajkot Limited – MAVDI, the IFSC TCBR0000116 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 Mavdi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 281-2364300.

    • 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 TCBR0000116

    MICR & cheque-truncation details

    Cheques drawn on the Mavdi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC TCBR0000116 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

    Online banking and IFSC TCBR0000116

    The Cooperative Bank of Rajkot Limited customers can register for net banking and the bank's official mobile app once their account at the MAVDI 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 TCBR0000116 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.

    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 The Cooperative Bank of Rajkot Limited – MAVDI:

    • The IFSC is exactly TCBR0000116 with no extra spaces.
    • The beneficiary's account number matches what they shared, digit for digit.
    • The portal auto-fills The Cooperative Bank of Rajkot Limited as the bank name and MAVDI 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 Mavdi branch

    The branch is located at MAVDI CHOWK,OPP JITHALIA HANUMAN TEMPLE,150 FT RING ROAD,RAJKOT 360004, which puts it inside Rajkot, the broader Rajkot district, and the state of Gujarat. To plan your visit:

    1. Open Google Maps on your phone and search for “The Cooperative Bank of Rajkot Limited Mavdi branch” — the verified location pin for IFSC TCBR0000116 should appear at the top of the results.
    2. Confirm the branch is open by calling 281-2364300 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 TCBR0000116 and your account number.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC TCBR0000116 for The Cooperative Bank of Rajkot Limited – MAVDI, 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.

    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 Mavdi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TCBR0000116, however, work 24x7.

    Branch address & contact

    The Cooperative Bank of Rajkot Limited
    Mavdi Branch
    MAVDI CHOWK,OPP JITHALIA HANUMAN TEMPLE,150 FT RING ROAD,RAJKOT 360004
    Rajkot, Gujarat
    Phone: 281-2364300
    IFSC: TCBR0000116

    Frequently asked questions

    Where is The Cooperative Bank of Rajkot Limited Mavdi branch located?

    The Cooperative Bank of Rajkot Limited's Mavdi branch is located at MAVDI CHOWK,OPP JITHALIA HANUMAN TEMPLE,150 FT RING ROAD,RAJKOT 360004, Rajkot, Gujarat.

    Does The Cooperative Bank of Rajkot Limited Mavdi branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 281-2364300 to confirm.

    Can I use IFSC TCBR0000116 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC TCBR0000116 to send funds instantly.

    How quickly will an NEFT transfer using TCBR0000116 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to The Cooperative Bank of Rajkot Limited – Mavdi reflect within 30 minutes.

    How do I add The Cooperative Bank of Rajkot Limited Mavdi as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC TCBR0000116, and complete OTP verification. Once activated, you can transfer funds at any time.

    What is the phone number of The Cooperative Bank of Rajkot Limited Mavdi branch?

    You can reach the branch at 281-2364300 during regular banking hours.

    What is the difference between IFSC and MICR code?

    IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mavdi branch but serve different purposes.

    Summary

    The IFSC code TCBR0000116 belongs to The Cooperative Bank of Rajkot Limited's MAVDI branch, located at MAVDI CHOWK,OPP JITHALIA HANUMAN TEMPLE,150 FT RING ROAD,RAJKOT 360004 in RAJKOT, GUJARAT. 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.

    keyboard_arrow_up