Malad Sahakari Bank — BHIVANDI Branch

How to Use MSBL0000016 for Money Transfers

The IFSC code MSBL0000016 is specifically assigned to the BHIVANDI branch of Malad Sahakari Bank located in THANE, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use MSBL0000016 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 MSBL0000016 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 MSBL0000016 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 Malad Sahakari Bank BHIVANDI Branch

The BHIVANDI branch of Malad Sahakari Bank is situated in THANE, MAHARASHTRA. The branch address is SHOP NO 1,2 18A,18B CITY CENTRE,CTS NO 8792/93/94,KAMATGHAR,DHAMANKAR NAKA,BHIVANDI,DIST THANE 421302. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +912522238176. Always use the IFSC code MSBL0000016 when making any online fund transfer to an account held at this branch.