IFSC Code of The Mumbai District Central Cooperative Bank Limited, State Transport Coop Bank Palghar Branch, Maharashtra

Below are the complete branch details for The Mumbai District Central Cooperative Bank Limited, STATE TRANSPORT COOP BANK PALGHAR branch, located in PALGHAR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is MDCB0680384. 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 MDCB0680384 for The Mumbai District Central Cooperative Bank Limited – STATE TRANSPORT COOP BANK PALGHAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for The Mumbai District Central Cooperative Bank Limited – STATE TRANSPORT COOP BANK PALGHAR is MDCB0680384. The first four letters MDCB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 680384 map to this branch in PALGHAR, MAHARASHTRA.

Branch details at a glance

About the bank

The Mumbai District Central Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its State Transport Coop Bank Palghar branch in Palghar, Maharashtra is part of this network and uses the IFSC code MDCB0680384 for all electronic settlement.

About this branch

The branch is located at TULJA BHAVAN, 1ST FLOOR, OPP FISH MARKET,OLD PALGHAR,DIST THANE. It serves the Palghar 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 Mumbai District Central Cooperative Bank Limited. The IFSC MDCB0680384 is used to identify this branch on the RBI payments network.

Why every The Mumbai District Central Cooperative Bank 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 STATE TRANSPORT COOP BANK PALGHAR of The Mumbai District Central Cooperative Bank Limited — its own 11-character IFSC. The code MDCB0680384 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 MDCB0680384 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 MDCB0680384

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 MDCB0680384 across all three.

How to use IFSC MDCB0680384 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 STATE TRANSPORT COOP BANK PALGHAR 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 MDCB0680384.
4. Confirm the bank name auto-populates as The Mumbai District Central Cooperative Bank Limited and the branch as STATE TRANSPORT COOP BANK PALGHAR.
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 STATE TRANSPORT COOP BANK PALGHAR

If you need to transfer ₹2 lakh or more in one go to an account at The Mumbai District Central Cooperative Bank Limited's STATE TRANSPORT COOP BANK PALGHAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC MDCB0680384 while initiating the transfer and the credit will appear within minutes.

IMPS to The Mumbai District Central Cooperative Bank Limited STATE TRANSPORT COOP BANK PALGHAR (IFSC MDCB0680384)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC MDCB0680384 in your mobile or internet banking app, and the money is credited to the STATE TRANSPORT COOP BANK PALGHAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to State Transport Coop Bank Palghar

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 MDCB0680384:

• 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 STATE TRANSPORT COOP BANK PALGHAR is still linked to IFSC MDCB0680384.

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.

UPI payments and IFSC MDCB0680384

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 – STATE TRANSPORT COOP BANK PALGHAR is still mapped to IFSC MDCB0680384. 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 MDCB0680384 and the beneficiary's account number to complete the transfer.

Account types you can open at the State Transport Coop Bank Palghar branch

Once you have an account at The Mumbai District Central Cooperative Bank Limited – STATE TRANSPORT COOP BANK PALGHAR, the IFSC MDCB0680384 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 State Transport Coop Bank Palghar 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 MDCB0680384

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Mumbai District Central Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC MDCB0680384 and the account number together uniquely identify the State Transport Coop Bank Palghar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the State Transport Coop Bank Palghar 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 MDCB0680384 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.

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 – STATE TRANSPORT COOP BANK PALGHAR:

• The IFSC is exactly MDCB0680384 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 STATE TRANSPORT COOP BANK PALGHAR 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 State Transport Coop Bank Palghar branch

The branch is located at TULJA BHAVAN, 1ST FLOOR, OPP FISH MARKET,OLD PALGHAR,DIST THANE, which puts it inside Palghar, the broader Thane district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “The Mumbai District Central Cooperative Bank Limited State Transport Coop Bank Palghar branch” — the verified location pin for IFSC MDCB0680384 should appear at the top of the results.
2. Confirm the branch is open by calling 2525-254731 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 MDCB0680384 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC MDCB0680384 for The Mumbai District Central Cooperative Bank Limited – STATE TRANSPORT COOP BANK PALGHAR, 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.

Working hours

Branch counters at State Transport Coop Bank Palghar 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 MDCB0680384 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code MDCB0680384 belongs to The Mumbai District Central Cooperative Bank Limited's STATE TRANSPORT COOP BANK PALGHAR branch, located at TULJA BHAVAN, 1ST FLOOR, OPP FISH MARKET,OLD PALGHAR,DIST THANE in PALGHAR, 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.