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Verified Branch

Merchants Liberal Co-operative Bank

Merchants Liberal Co-operative Bank IMPS Branch, MUMBAI

IFSC Code
UTIB0SMLCBK
Required for NEFT, RTGS, IMPS money transfers
MICR Code
582802002
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

UTIB Bank Code (1-4)
0 Control Zero (5th)
SMLCBK Branch Code (6-11)

Complete Branch Details

Full Address BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101
State MAHARASHTRA
District / City GADAG BETIGERI
Centre / Region GADAG BETIGERI
Contact / Helpline +918372234993
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code UTIB0SMLCBK.
  4. Confirm bank name displays as Merchants Liberal Co-operative Bank and branch as Merchants Liberal Co-operative Bank IMPS.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (UTIB0SMLCBK)

What is the IFSC code of Merchants Liberal Co-operative Bank Merchants Liberal Co-operative Bank IMPS branch?

The verified 11-digit IFSC code is UTIB0SMLCBK. 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 Liberal Co-operative Bank Merchants Liberal Co-operative Bank IMPS?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 582802002. 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 BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101, located in GADAG BETIGERI district, MAHARASHTRA.