IFSC Code
Idbi Bank IFSC Code - The Deccan Merchants Co Operative Bank Ltd
Branch Details
How to Transfer Funds Using Idbi Bank The Deccan Merchants Co Operative Bank Ltd IFSC Code?
You can transfer money electronically to the Idbi Bank The Deccan Merchants Co Operative Bank Ltd branch using the IFSC code IBKL0501DMC. Follow this step-by-step transaction guide:
- Log in to your bank's official internet banking portal or open their mobile banking application.
- Navigate to the **'Fund Transfer'** or **'Add Beneficiary'** option.
- Enter the beneficiary's name and their account number.
- In the IFSC field, enter the 11-digit code IBKL0501DMC.
- The system will automatically verify the branch name as **The Deccan Merchants Co Operative Bank Ltd** located at 112 14 Gananath C H S Ltd Opp Dadar W Rly Station Dadar Mumbai 400028.
- Confirm the beneficiary registration and choose your transfer method: **NEFT**, **RTGS**, or **IMPS**.
- Enter the amount you wish to transfer and complete the transaction securely via OTP verification.
Important: Always double check the account number and IFSC code before authorizing a transaction to avoid failures or incorrect deposits.
Frequently Asked Questions
1. What is the IFSC Code of Idbi Bank The Deccan Merchants Co Operative Bank Ltd?
The IFSC Code of Idbi Bank The Deccan Merchants Co Operative Bank Ltd is IBKL0501DMC. This 11-digit alphanumeric code is mandatory for all online fund transfers, including NEFT, RTGS, and IMPS.
2. What is the MICR Code for Idbi Bank The Deccan Merchants Co Operative Bank Ltd?
The MICR Code for Idbi Bank The Deccan Merchants Co Operative Bank Ltd is NA. It is a 9-digit code printed on the bottom of cheque leaves, used primarily for faster clearing of cheques.
3. Where is Idbi Bank The Deccan Merchants Co Operative Bank Ltd located?
The branch is located at 112 14 Gananath C H S Ltd Opp Dadar W Rly Station Dadar Mumbai 400028, in the city of Mumbai, Mumbai district, Maharashtra.
4. How can I use the IBKL0501DMC IFSC code?
You can use IBKL0501DMC to transfer money electronically via internet banking or mobile apps. Simply add the beneficiary, enter their account number, name, and this IFSC code to initiate a secure NEFT, RTGS, or IMPS transaction.