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About NEFT

The Malad Sahakari Bank also offers transfer of funds through National Electronic Fund Transfer system (NEFT). Customers can have efficient, secure, economical and reliable transfer of funds from remitter’s account in a particular bank to the beneficiary’s account with our bank.

In this payment system instructions between banks are processed and settled on batch to batch basis at fixed times during the day. There is no minimum or maximum stipulated transaction value for using this facility.

Beneficiary Information Required

  • Name of the beneficiary
  • Account Number of the beneficiary
  • Amount to be remitted
  • Name of the beneficiary bank, branch and its IFSC
  • Sender to receiver information, if any
Working Hours

Monday to Saturday

9.00 a.m. to 4.00 p.m.

Except 2nd & 4th Saturday

List of IFSC Codes

Branch IFSC Code
Central Administrative Office TMSB0000001
Main Branch TMSB0000002
Kurar Village Branch TMSB0000003
Bombay Talkies Branch TMSB0000004
Kandivali Branch TMSB0000006
Liberty Garden Branch TMSB0000007
LG Extention Counter TMSB0000008
Tardeo Branch TMSB0000009
Sat Rasta Branch TMSB0000010
Khar Bhanch TMSB0000011
For further details contact your nearest branch.