IDBI — MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI

DAKSHIN KANNAD, KARNATAKA

IFSC Code

IBKL0186MC5

MICR Code

575259261

Branch

MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI

Bank

IDBI

District

MANGALORE

State

KARNATAKA

Contact

+918202528812

Address

NEW CITY LUNCH HOME, 1ST FLOOR, SURATHKAL, MANGALORE 575014

Get Directions to This Branch

Using IFSC IBKL0186MC5 for money transfers

To move funds into an account held at MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI (IDBI) using NEFT, the sender's bank needs this branch's IFSC code — IBKL0186MC5. NEFT settles in batches throughout the day, so it's a good fit for transfers that don't need to land instantly.

RTGS is the go-to option when transferring large sums (₹2 lakh+) to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI in DAKSHIN KANNAD, since each transfer is settled individually and immediately rather than bundled with others.

Need money at IDBI, MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI right now? IMPS settles instantly, 24x7, including weekends and holidays — unlike NEFT/RTGS, which follow banking-hour batch or settlement windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Follow these steps to transfer money into an account held at MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code IBKL0186MC5 when prompted — this routes the transfer to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the IDBI MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch?

The IFSC code for IDBI's MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch in DAKSHIN KANNAD, MANGALORE, KARNATAKA is IBKL0186MC5. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 575259261. MICR codes are used for cheque clearing, while the IFSC code (IBKL0186MC5) is what's needed for electronic transfers like NEFT and RTGS.

Where is the MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch of IDBI located?

This branch is located at: NEW CITY LUNCH HOME, 1ST FLOOR, SURATHKAL, MANGALORE 575014. It falls under MANGALORE district, KARNATAKA.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (IBKL0186MC5) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +918202528812.

Other IDBI branches in MANGALORE

KODIALBAIL MANGALOREMAHALAKSHMI CO OPERATIVE BANK LTD UDUPIMANGALORERAC MANGALORESRI BHAGAVATHI CO OPERATIVE BANK LTDSRI GOKARNATH COOPERATIVE BANK LIMITEDTEACHERS CO OPERATIVE BANK LTD

IDBI in other districts of KARNATAKA

BANGALORE (33)HOSPET (26)BENGALURU (10)UDUPI (9)MYSORE (8)TUMKUR (6)HONAVAR (5)HUBLI DHARWAD (5)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.