Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha IMPS Branch IFSC Code
IBKL 01241MB
Merchants Souharda Sahakara Bank Niyamitha
Merchants Souharda Sahakara Bank Niyamitha IMPS — MUMBAI, MAHARASHTRA
MICR: 577810502
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Merchants Souharda Sahakara Bank Niyamitha
- Branch
- Merchants Souharda Sahakara Bank Niyamitha IMPS
- IFSC Code
- IBKL01241MB
- MICR Code
- 577810502
- City
- MUMBAI
- District
- CHITRADURGA
- State
- MAHARASHTRA
- Contact
- +918277065263
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IBKL01241MB to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IBKL01241MB.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IBKL01241MB.
IFSC Code Structure
I
B
K
L
0
1
2
4
1
M
B
- IBKL — Bank code (Merchants Souharda Sahakara Bank Niyamitha)
- 0 — Reserved (always 0)
- 1241MB — Branch code (Merchants Souharda Sahakara Bank Niyamitha IMPS)
Frequently Asked Questions
Is IBKL01241MB valid for online transfer?
Yes, IBKL01241MB is a valid IFSC code for Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha IMPS branch in MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IBKL01241MB belong to?
IBKL01241MB belongs to Merchants Souharda Sahakara Bank Niyamitha. The first 4 characters "IBKL" identify the bank.
What is the MICR code for this branch?
The MICR code for Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha IMPS is 577810502. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IBKL01241MB?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.