IFSCIndex

Greater Bombay Co Operative Bank Kandivali Branch IFSC Code

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Greater Bombay Co Operative Bank

GBCB0000016

IFSC · Used for NEFT, IMPS & RTGS

400095016

MICR · Used for Cheque Clearance

Branch

Kandivali Branch

Address

Bhoomi Apartments, Bldg. No. 8, Dahanukar Wadi, Sector 4, Panchsheel Enclave, Kandivali W

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District

Kandivali

State

Maharashtra

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Frequently Asked Questions

About Greater Bombay Co Operative Bank Kandivali Branch (dahanukar Wadi Sector 4 Panc - 0016), Kandivali

The IFSC code GBCB0000016 (lowercase: gbcb0000016) belongs to Greater Bombay Co Operative Bank, specifically the Kandivali Branch (dahanukar Wadi Sector 4 Panc - 0016) branch located in Kandivali, Maharashtra.

The 5th character in the IFSC code GBCB0000016 is a zero (0), not the letter 'O'. The correct format is GBCB0000016 (lowercase: gbcb0000016), and not GBCBO000016. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Greater Bombay Co Operative Bank Kandivali Branch (dahanukar Wadi Sector 4 Panc - 0016) in Kandivali, Maharashtra is GBCB0000016. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Greater Bombay Co Operative Bank Kandivali Branch (dahanukar Wadi Sector 4 Panc - 0016) is located at Bhoomi Apartments, Bldg. No. 8, Dahanukar Wadi, Sector 4, Panchsheel Enclave, Kandivali W, Kandivali, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Greater Bombay Co Operative Bank Kandivali Branch (dahanukar Wadi Sector 4 Panc - 0016) is 400095016. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code GBCB0000016 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code GBCB0000016 by checking: (1) The top-left corner of any Greater Bombay Co Operative Bank Kandivali Branch (dahanukar Wadi Sector 4 Panc - 0016) cheque leaf, (2) The first page of your Greater Bombay Co Operative Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: GBCB0000016

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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GBCB
Bank Codechars 1–4
0Reservedchar 5
000016
Branch Codechars 6–11

GBCB0000016

What Each Part Means

Bank Code — GBCB
The first 4 characters uniquely identify Greater Bombay Co Operative Bank at the national level. Every branch of Greater Bombay Co Operative Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 000016
The final 6 characters 000016 uniquely identify this specific branch within the Greater Bombay Co Operative Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code GBCB0000016
SegmentCharsValuePurpose
Bank Code1–4GBCBIdentifies Greater Bombay Co Operative Bank
Reserved50RBI reserved (always 0)
Branch Code6–11000016Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchGBCB0000016400095016
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.