IFSC code for Shri Mahalaxmi Co-operative Bank Kolhapur, Shri mahalaxmi co-operative bank kolhapur imps, Kolhapur, Maharashtra

Updated on: Monday, July 1, 2024

IFSC CODE

IBKL0116MCO

Shri Mahalaxmi Co-operative Bank Kolhapur

Shri Mahalaxmi Co-operative Bank Kolhapur Imps, Mumbai, Maharashtra
Address

Shri Mahalaxmi Co Operative Bank Ltd Shree Bhavan, 167, B Ward, Mangalwar Peth, Kolhapur 416012

Shri Mahalaxmi Co-operative Bank Kolhapur

Shri Mahalaxmi Co-operative Bank Kolhapur Imps, Mumbai, Maharashtra

Address

Shri Mahalaxmi Co Operative Bank Ltd Shree Bhavan, 167, B Ward, Mangalwar Peth, Kolhapur 416012

Bank Details

IFSC Code

IBKL0116MCO

MICR Code

416389001

Bank Code

(Based on IFSC)

MHMX

Bank Code

(Based on MICR)

389

Contact

+912325530530

Automate all your banking needs with a specially tailored solution for all kinds of businesses - SMEs, Startups, and Enterprises. Checkout RazorpayX Current Account.

Automate all your banking needs with a specially tailored solution for all kinds of businesses - SMEs, Startups, and Enterprises. Checkout RazorpayX Current Account.

illustration

IFSC Code of Shri Mahalaxmi Co-operative Bank Kolhapur

Every Shri Mahalaxmi Co-operative Bank Kolhapur branch in India has a unique Shri Mahalaxmi Co-operative Bank Kolhapur IFSC Code. Shri Mahalaxmi Co-operative Bank Kolhapur IFSC Code enables Shri Mahalaxmi Co-operative Bank Kolhapur account holders to send and receive money electronically. Shri Mahalaxmi Co-operative Bank Kolhapur 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.

illustration

Format of Shri Mahalaxmi Co-operative Bank Kolhapur IFSC Code IBKL0116MCO

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 Shri Mahalaxmi Co-operative Bank Kolhapur.

  • The fifth character is 0.

  • The last six digits of the code, i.e., 116MCO, represents the branch which is Shri Mahalaxmi Co-operative Bank Kolhapur

Check out Razorpay products for your business

Sign up now to experience the future of payments and offer your customers the best checkout experience.

brands
Payment Links

Accept payments instantly through SMS, WhatsApp and social media

Know More
Payment Pages

Accept payments easily with a custom-branded online store

Know More
Payment Buttons

Accept payments on your website in less than 5 minutes

Know More
Current Accounts

Add, track and clear invoices in just a few clicks.

Know More
illustration

MICR Code of Shri Mahalaxmi Co-operative Bank Kolhapur

Every Shri Mahalaxmi Co-operative Bank Kolhapur branch in India has a unique Shri Mahalaxmi Co-operative Bank Kolhapur MICR Code. MICR code for Shri Mahalaxmi Co-operative Bank Kolhapur  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 Shri Mahalaxmi Co-operative Bank Kolhapur. 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.

Learn More About IFSC Code!

Frequently Asked Questions