Bharat Cooperative Bank Mumbai Limited IFSC Code MALAD RANI SATI ( BCBM0000086) & Branch Contact Details

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For smooth and secure banking transactions at the Bharat Cooperative Bank Mumbai Limited, visit the branch at OFFICE NO.1, FIRST FLOOR, SHAH ARCADE II, CTS 502, RANI SATI MARG, MALAD EAST, MUMBAI- 400097. The IFSC code for this location is BCBM0000086. You can visit branch from Monday to Saturday between 10 AM and 4 PM. Please note that the branch is closed on the 2nd and 4th Saturdays of every month.

Bharat Cooperative Bank Mumbai Limited MALAD RANI SATI IFSC code : BCBM0000086
IFSC Code BCBM0000086

(Used for RTGS and NEFT transactions)

Bank Bharat Cooperative Bank Mumbai Limited
Address OFFICE NO.1, FIRST FLOOR, SHAH ARCADE II, CTS 502, RANI SATI MARG, MALAD EAST, MUMBAI- 400097
City MUMBAI
District GREATER MUMBAI
State MAHARASHTRA
Branch MALAD RANI SATI
Phone Number 61890000
Customer Care 1800223131

 

Difference Between IFSC, MICR and SWIFT Code

The IFSC, MICR, and SWIFT codes are essential components of banking transactions, serving unique purposes in financial transfers. IFSC (Indian Financial System Code) is a unique 11-character code used primarily in India to facilitate electronic money transfers between banks specifically within the NEFT and RTGS systems. MICR (Magnetic Ink Character Recognition) is a 9-digit code that helps in processing cheques faster, ensuring that transactions are secure and efficient. SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes, on the other hand, are used for international money transfers, identifying banks globally so that money can reach the correct destination across borders.

Tabular Comparison:

Feature IFSC Code MICR Code SWIFT Code
Length 11 characters 9 digits 8 or 11 characters
Purpose Facilitates electronic transfers within India Facilitates fast and accurate cheque processing Facilitates international bank transactions
Usage Used in NEFT, RTGS, and IMPS Used in cheque clearing Used in international fund transfers
Geographical Applicability Only applicable in India Predominantly used in India Used worldwide
Nature of Code Alphanumeric Numeric (with special characters in ink) Alphanumeric

 

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