Merchants Souharda Sahakara Bank Niyamitha
Merchants Souharda Sahakara Bank Niyamitha IMPS Branch, MUMBAI
11-Character IFSC Anatomy Breakdown
Complete Branch Details
Electronic Transfer Capabilities & Limits
Available 24x7
Half-hourly batch clearance
Min. ₹2 Lakh
Real-time gross settlement
Instant Transfer
Up to ₹5 Lakh limit
1-Tap VPA
GPay, PhonePe, Paytm
How to Transfer Money to this Branch
- Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
- Navigate to Fund Transfer → Add Beneficiary / Payee.
- Enter the recipient's Account Number and paste IFSC code IBKL01241MB.
- Confirm bank name displays as Merchants Souharda Sahakara Bank Niyamitha and branch as Merchants Souharda Sahakara Bank Niyamitha IMPS.
- Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.
Frequently Asked Questions (IBKL01241MB)
What is the IFSC code of Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha IMPS branch? ↓
The verified 11-digit IFSC code is IBKL01241MB. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.
Can I transfer money on Sundays and bank holidays using this IFSC code? ↓
Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.
What is the MICR code of Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha IMPS? ↓
The 9-digit Magnetic Ink Character Recognition (MICR) code is 577810502. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.
Where is the branch located? ↓
The official branch address is NO 1ST FLOOR SANTHEPET NEAR GANDHI CIRCLE CHITRADURGA 577501, located in CHITRADURGA district, MAHARASHTRA.
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