Maharashtra State Co-operative Bank — PEDDER ROAD

MUMBAI, MAHARASHTRA

IFSC Code

MSCI0082012

MICR Code

400082012

Branch

PEDDER ROAD

Bank

Maharashtra State Co-operative Bank

District

MUMBAI

State

MAHARASHTRA

Contact

+912023526783

Address

63 RATNA DESHMUKH RD PEDDER RD 400026

Get Directions to This Branch

Using IFSC MSCI0082012 for money transfers

NEFT transfers to PEDDER ROAD, one of Maharashtra State Co-operative Bank's branches in MUMBAI, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches PEDDER ROAD almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to PEDDER ROAD clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to PEDDER ROAD: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting PEDDER ROAD In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Sending funds to this Maharashtra State Co-operative Bank branch takes just a few steps:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code MSCI0082012 when prompted — this routes the transfer to PEDDER ROAD specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Maharashtra State Co-operative Bank PEDDER ROAD branch?

The IFSC code for Maharashtra State Co-operative Bank's PEDDER ROAD branch in MUMBAI, MAHARASHTRA is MSCI0082012. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 400082012. MICR codes are used for cheque clearing, while the IFSC code (MSCI0082012) is what's needed for electronic transfers like NEFT and RTGS.

Where is the PEDDER ROAD branch of Maharashtra State Co-operative Bank located?

This branch is located at: 63 RATNA DESHMUKH RD PEDDER RD 400026. It falls under MUMBAI district, MAHARASHTRA.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (MSCI0082012) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +912023526783.

Other Maharashtra State Co-operative Bank branches in MUMBAI

ANDHERI ,EASTBANDRA ,EASTBORIVALIBYCULLACHEMBURCHEMBUR EXTENSION COUNTERDAHISARFORT HO

Maharashtra State Co-operative Bank in other districts of MAHARASHTRA

NAGPUR (12)WARDHA (3)AURANGABAD (2)AKOLA (1)AMRAVATI (1)ARVI (1)ASHTI (1)BEED (1)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.