IFSC Code of The Mumbai District Central Cooperative Bank Limited, Gorai Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Mumbai District Central Cooperative Bank Limited's GORAI branch in MUMBAI, MAHARASHTRA. The branch's IFSC code MDCB0680028 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.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For The Mumbai District Central Cooperative Bank Limited's GORAI branch, the IFSC MDCB0680028 breaks down as follows: MDCB identifies the bank, 0 is the reserved character, and 680028 identifies this particular branch.

About The Mumbai District Central Cooperative Bank Limited

The Mumbai District Central Cooperative Bank Limited operates a wide network of branches across India, including the Gorai branch in Mumbai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, MDCB0680028.

Gorai branch overview

Located at GORAI INDRAPRASTHA CO-OP.HSG.STY.LTD.,PLOT NO.90, R.S.C. 37, GORAI - 2,MHADA, D. P. ROAD,BORIVALI (W), GORAI,MUMBAI - 400 092., the Gorai branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC MDCB0680028 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 Mumbai District Central Cooperative Bank Limited's GORAI branch came to be assigned the code MDCB0680028.

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 MDCB0680028, money simply cannot be routed to the GORAI branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Gorai branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC MDCB0680028 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC MDCB0680028

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 MDCB0680028 across all three.

How to use IFSC MDCB0680028 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Mumbai District Central Cooperative Bank Limited's GORAI 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 MDCB0680028.
4. Confirm the bank name auto-populates as The Mumbai District Central Cooperative Bank Limited and the branch as GORAI.
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 MDCB0680028

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 Mumbai District Central Cooperative Bank Limited – GORAI, ensure your bank's portal accepts IFSC MDCB0680028 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to The Mumbai District Central Cooperative Bank Limited – GORAI, use IMPS. With IFSC MDCB0680028 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 MDCB0680028 for The Mumbai District Central Cooperative Bank Limited – GORAI, 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 Gorai 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 MDCB0680028

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 Mumbai District Central Cooperative Bank Limited – GORAI is still mapped to IFSC MDCB0680028. 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 MDCB0680028 and the beneficiary's account number to complete the transfer.

Account types you can open at the Gorai branch

Once you have an account at The Mumbai District Central Cooperative Bank Limited – GORAI, the IFSC MDCB0680028 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 Gorai branch can access most of The Mumbai District Central Cooperative Bank Limited'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 MDCB0680028

Digital banking channels

Most day-to-day work that customers used to do at the Gorai 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 MDCB0680028 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.

Reaching the branch

The Gorai branch sits at GORAI INDRAPRASTHA CO-OP.HSG.STY.LTD.,PLOT NO.90, R.S.C. 37, GORAI - 2,MHADA, D. P. ROAD,BORIVALI (W), GORAI,MUMBAI - 400 092.. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-8976754228 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 MDCB0680028 and your account number.

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 Mumbai District Central Cooperative Bank Limited – GORAI:

• The IFSC is exactly MDCB0680028 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Mumbai District Central Cooperative Bank Limited as the bank name and GORAI 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.

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 Gorai branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC MDCB0680028, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MDCB0680028 for The Mumbai District Central Cooperative Bank Limited – GORAI, 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 address & contact

Frequently asked questions

Final notes

To recap: MDCB0680028 is the IFSC code of The Mumbai District Central Cooperative Bank Limited, GORAI 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.