IFSC code for Latur Urban Co-operative Bank Latur, Latur urban co-operative bank latur imps, Latur, Maharashtra
Updated on: Saturday, February 1, 2025
IFSC CODE
IBKL0497LUC
Latur Urban Co-operative Bank Latur
Latur Urban Co-operative Bank Latur Imps, Mumbai, Maharashtra
Address
Ramgopalji Rathi Business,centre Shivaji Nagar,latur
Latur Urban Co-operative Bank Latur
Latur Urban Co-operative Bank Latur Imps, Mumbai, Maharashtra
Address
Ramgopalji Rathi Business,centre Shivaji Nagar,latur
Bank Details
IFSC Code
IBKL0497LUC
MICR Code
413804053
Bank Code
(Based on IFSC)
LATX
Bank Code
(Based on MICR)
804
Contact
+912382255002
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IFSC Code of Latur Urban Co-operative Bank Latur
Every Latur Urban Co-operative Bank Latur branch in India has a unique Latur Urban Co-operative Bank Latur IFSC Code. Latur Urban Co-operative Bank Latur IFSC Code enables Latur Urban Co-operative Bank Latur account holders to send and receive money electronically. Latur Urban Co-operative Bank Latur IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.

Format of Latur Urban Co-operative Bank Latur IFSC Code IBKL0497LUC
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., IBKL, denotes the name of the bank which is Latur Urban Co-operative Bank Latur.
The fifth character is 0.
The last six digits of the code, i.e., 497LUC, represents the branch which is Latur Urban Co-operative Bank Latur
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MICR Code of Latur Urban Co-operative Bank Latur
Every Latur Urban Co-operative Bank Latur branch in India has a unique Latur Urban Co-operative Bank Latur MICR Code. MICR code for Latur Urban Co-operative Bank Latur can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Latur Urban Co-operative Bank Latur. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.