Model Co-operative Bank — MALAD Branch

How to Use MDBK0000016 for Money Transfers

The IFSC code MDBK0000016 is specifically assigned to the MALAD branch of Model Co-operative Bank located in MUMBAI, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use MDBK0000016 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use MDBK0000016 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require MDBK0000016 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About Model Co-operative Bank MALAD Branch

The MALAD branch of Model Co-operative Bank is situated in MUMBAI, MAHARASHTRA. The branch address is CASA ANGELICA BLDG.DOMINIC COLONY,TANK ROAD,ORLEM,MALAD WEST,MUMBAI 400064. This branch supports electronic payment services including NEFT, RTGS, IMPS. You can contact this branch at +912228617056. Always use the IFSC code MDBK0000016 when making any online fund transfer to an account held at this branch.