IFSC Code of The Malad Sahakari Bank Ltd, Kandivali Branch Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Malad Sahakari Bank Ltd's KANDIVALI BRANCH branch in MUMBAI, MAHARASHTRA. The branch's IFSC code TMSB0000006 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.

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, TMSB0000006 is the IFSC of The Malad Sahakari Bank Ltd's KANDIVALI BRANCH branch. The format is fixed: TMSB = bank code, 0 = reserved, 000006 = branch identifier.

Branch details at a glance

Bank profile

The Malad Sahakari Bank Ltd is among the recognised banks listed on the Reserve Bank of India's payments network. The Kandivali Branch branch — IFSC TMSB0000006 — extends the bank's services to customers in and around Mumbai, Maharashtra.

About this branch

The branch is located at 13 B,DATTANI CENTER,FIRST FLOOR,AKURLI ROAD,NEAR RAILWAY CROSSING,KANDIVALI E MUMBAI 400 101. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Malad Sahakari Bank Ltd. The IFSC TMSB0000006 is used to identify this branch on the RBI payments network.

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 The Malad Sahakari Bank Ltd's KANDIVALI BRANCH branch came to be assigned the code TMSB0000006.

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 TMSB0000006, money simply cannot be routed to the KANDIVALI BRANCH branch electronically.

How to transfer money using IFSC TMSB0000006

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 TMSB0000006 across all three.

NEFT to The Malad Sahakari Bank Ltd, KANDIVALI BRANCH using IFSC TMSB0000006

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 TMSB0000006, and confirm that the system picks up The Malad Sahakari Bank Ltd – KANDIVALI BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC TMSB0000006

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 Malad Sahakari Bank Ltd – KANDIVALI BRANCH, ensure your bank's portal accepts IFSC TMSB0000006 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Malad Sahakari Bank Ltd KANDIVALI BRANCH (IFSC TMSB0000006)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TMSB0000006 in your mobile or internet banking app, and the money is credited to the KANDIVALI BRANCH branch account within seconds.

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

All three modes accept the IFSC TMSB0000006 for The Malad Sahakari Bank Ltd – KANDIVALI BRANCH, 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 Kandivali Branch 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.

UPI payments and IFSC TMSB0000006

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 The Malad Sahakari Bank Ltd – KANDIVALI BRANCH is still mapped to IFSC TMSB0000006. 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 TMSB0000006 and the beneficiary's account number to complete the transfer.

Account types you can open at the Kandivali Branch branch

Once you have an account at The Malad Sahakari Bank Ltd – KANDIVALI BRANCH, the IFSC TMSB0000006 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.

Products and services

Customers walking into the Kandivali Branch branch can access most of The Malad Sahakari Bank Ltd'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 TMSB0000006

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Malad Sahakari Bank Ltd carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC TMSB0000006 and the account number together uniquely identify the Kandivali Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC TMSB0000006

The Malad Sahakari Bank Ltd customers can register for net banking and the bank's official mobile app once their account at the KANDIVALI BRANCH 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 TMSB0000006 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 Malad Sahakari Bank Ltd – KANDIVALI BRANCH:

• The IFSC is exactly TMSB0000006 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Malad Sahakari Bank Ltd as the bank name and KANDIVALI BRANCH 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 Kandivali Branch branch sits at 13 B,DATTANI CENTER,FIRST FLOOR,AKURLI ROAD,NEAR RAILWAY CROSSING,KANDIVALI E MUMBAI 400 101. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-28872054 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 TMSB0000006 and your account number.

Verifying IFSC TMSB0000006 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 TMSB0000006 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-28872054.
• 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 Kandivali Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TMSB0000006, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: TMSB0000006 is the IFSC code of The Malad Sahakari Bank Ltd, KANDIVALI BRANCH 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.