Following are the IFSC Code Details of Navi Mumbai Branch Bharat Cooperative Bank Mumbai Limited Thane BCBM0000039

Which Bank IFSC Code is BCBM0000039?

IFSC Code BCBM0000039 belongs to Branch Name: Ghansoli of Bharat Cooperative Bank Mumbai Limited located at Shiv Complex, Plot No.14/15, Sector-4, Ghansoli, Navi Mumbai 400 701

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Bharat Cooperative Bank Mumbai Limited:

Established in 1978, Bharat Cooperative Bank Mumbai Limited (BCBML) has carved a niche as a multi-state scheduled cooperative bank, spreading its wings across Maharashtra, Karnataka, and Gujarat. With its motto, “A light for the millions. A source for the needy,” BCBML focuses on empowering individuals and communities through comprehensive financial services and social responsibility initiatives.

Here are some of the key features of Bharat Cooperative Bank Mumbai Limited:

• Best Bank Award, 3rd Rank: Awarded by The Maharashtra Urban Co-op. Banks’ Federation Ltd. for the financial year 2018-2019 in the category of Banks having deposits of `5000 crore and above.
• Best Mobile Banking App: Awarded by Banking Frontiers (FCBA 2019) in the Large UCB category.
• Best Solution for Credit Rating: Acknowledged in the category of large-sized Co-operative Banks in India at the Sixth Frontiers in Co-operative Banking Awards 2013.