Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha Imps Branch โ€” IFSC Code

MUMBAI, MAHARASHTRA

IFSC Code

IBKL01241MB

IFSC CodeIBKL01241MB
MICR Code577810502
BankMerchants Souharda Sahakara Bank Niyamitha
BranchMerchants Souharda Sahakara Bank Niyamitha Imps
CityMUMBAI
DistrictCHITRADURGA
StateMAHARASHTRA
AddressNO 1ST FLOOR SANTHEPET NEAR GANDHI CIRCLE CHITRADURGA 577501
Contact+918277065263
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 Merchants Souharda Sahakara Bank Niyamitha official site โ†’

How to Use IFSC Code IBKL01241MB

  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: IBKL01241MB
  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

IBKL01241MB
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha Imps?

The IFSC code is IBKL01241MB. Use this for NEFT, RTGS, and IMPS transfers to Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha Imps branch in MUMBAI.

What is the MICR code of Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha Imps?

The MICR code is 577810502. MICR codes are used for cheque processing, not for digital transfers.

Is IBKL01241MB valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use IBKL01241MB only for NEFT, RTGS, or IMPS when adding a bank account manually.