Greater Bombay Co-operative Bank
MALAD BRANCH BRANCH
+912264570794
Related Branches
Understanding IFSC Code: The Digital DNA of Greater Bombay Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the MALAD BRANCH
branch of Greater Bombay Co-operative Bank, the code GBCB0000008 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the GBCB0000008 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"GBCB" represents Greater Bombay Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for MALAD BRANCH
Payment Systems Supported by GBCB0000008
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—400095008—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Greater Bombay Co-operative Bank in MALAD typically follows the RBI holiday calendar. Digital transfers via GBCB0000008 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While GBCB0000008 is the valid code for MALAD BRANCH at MALAD, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Greater Bombay Co-operative Bank Branch List
- • MALAD IFSC Codes
- • Swift Code for Greater Bombay Co-operative Bank
- • Bank Holiday in MAHARASHTRA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • MALAD BRANCH Contact
- • Address of Greater Bombay Co-operative Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Greater Bombay Co-operative Bank GBCB0000008 code, find MALAD BRANCH branch details, Greater Bombay Co-operative Bank MALAD contact number, MAHARASHTRA bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Greater Bombay Co-operative Bank MALAD, online neft rtgs imps guide india, how to find ifsc code of Greater Bombay Co-operative Bank.