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IBKL01241MB: IDBI, Merchants Souharda Sahakara Bank Niyamitha Imps

IBKL01241MB is the IFSC code of the Merchants Souharda Sahakara Bank Niyamitha Imps branch of IDBI in Mumbai, Maharashtra. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
IBKL01241MB
Bank
IDBI
Branch
Merchants Souharda Sahakara Bank Niyamitha Imps
MICR code
577810502
Address
No 1st Floor Santhepet Near Gandhi Circle Chitradurga 577501
City
Mumbai (district Chitradurga)
State
Maharashtra
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What IBKL01241MB means

  • IBKL: the bank, IDBI
  • 0: always zero, kept for future use
  • 1241MB: the Merchants Souharda Sahakara Bank Niyamitha Imps branch

To send money, add the account number, the account holder's name and IBKL01241MB as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other IDBI branches in Mumbai

All IDBI branches in Mumbai

Other banks in Mumbai

Frequently asked questions

Which bank and branch is IBKL01241MB?

IBKL01241MB belongs to IDBI, Merchants Souharda Sahakara Bank Niyamitha Imps branch, No 1st Floor Santhepet Near Gandhi Circle Chitradurga 577501.

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

The MICR code is 577810502. It is printed at the bottom of cheques from this branch.

Can I use IBKL01241MB for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.