Deccan Merchants Co-operative Bank Deccan Merchants Co-operative Bank IMPS Branch IFSC Code
IBKL 0501DMC
Deccan Merchants Co-operative Bank
Deccan Merchants Co-operative Bank IMPS — MUMBAI, MAHARASHTRA
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Deccan Merchants Co-operative Bank
- Branch
- Deccan Merchants Co-operative Bank IMPS
- IFSC Code
- IBKL0501DMC
- City
- MUMBAI
- District
- MUMBAI
- State
- MAHARASHTRA
- Contact
- +919960228101
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IBKL0501DMC 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 IBKL0501DMC.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IBKL0501DMC.
IFSC Code Structure
I
B
K
L
0
5
0
1
D
M
C
- IBKL — Bank code (Deccan Merchants Co-operative Bank)
- 0 — Reserved (always 0)
- 501DMC — Branch code (Deccan Merchants Co-operative Bank IMPS)
Frequently Asked Questions
Is IBKL0501DMC valid for online transfer?
Yes, IBKL0501DMC is a valid IFSC code for Deccan Merchants Co-operative Bank Deccan Merchants Co-operative Bank IMPS branch in MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IBKL0501DMC belong to?
IBKL0501DMC belongs to Deccan Merchants Co-operative Bank. The first 4 characters "IBKL" identify the bank.
Can I do RTGS using IBKL0501DMC?
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.