Deccan Merchants Co-operative Bank Deccan Merchants Co-operative Bank Imps Branch โ€” IFSC Code

MUMBAI, MAHARASHTRA

IFSC Code

IBKL0501DMC

IFSC CodeIBKL0501DMC
MICR Codeโ€”
BankDeccan Merchants Co-operative Bank
BranchDeccan Merchants Co-operative Bank Imps
CityMUMBAI
DistrictMUMBAI
StateMAHARASHTRA
Address112 14 GANANATH C H S LTD OPP DADAR W RLY STATION DADAR MUMBAI 400028
Contact+919960228101
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at Deccan Merchants Co-operative Bank official site โ†’

How to Use IFSC Code IBKL0501DMC

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: IBKL0501DMC
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” IDBI Bank

IBKL0501DMC
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of Deccan Merchants Co-operative Bank Deccan Merchants Co-operative Bank Imps?

The IFSC code is IBKL0501DMC. Use this for NEFT, RTGS, and IMPS transfers to Deccan Merchants Co-operative Bank Deccan Merchants Co-operative Bank Imps branch in MUMBAI.

What is the MICR code of Deccan Merchants Co-operative Bank Deccan Merchants Co-operative Bank Imps?

The MICR code is not available โ€” check your cheque book. MICR codes are used for cheque processing, not for digital transfers.

Is IBKL0501DMC valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use IBKL0501DMC only for NEFT, RTGS, or IMPS when adding a bank account manually.