Bank Branch Details
| Bank Name | Merchants Souharda Sahakara Bank Niyamitha |
| Branch Name | Merchants Souharda Sahakara Bank Niyamitha IMPS |
| IFSC Code | IBKL01241MB |
| MICR Code | 577810502 |
| City | MUMBAI |
| District | CHITRADURGA |
| State | MAHARASHTRA |
| Address | NO 1ST FLOOR SANTHEPET NEAR GANDHI CIRCLE CHITRADURGA 577501 |
| Contact | +918277065263 |
| NEFT | Available |
| RTGS | Available |
| IMPS | Available |
| UPI | Available |
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
- The first four characters (IBKL) identify the bank.
- The fifth character (0) is reserved and usually zero.
- The last six characters (1241MB) identify the branch.
For example, IBKL01241MB is the IFSC code for Merchants Souharda Sahakara Bank Niyamitha Merchants Souharda Sahakara Bank Niyamitha IMPS branch in MUMBAI. This IFSC code is used for NEFT, RTGS, IMPS and online banking transactions.