IDBI — MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI

UDUPI, KARNATAKA

IFSC Code

IBKL0186MC3

MICR Code

576259255

Branch

MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI

Bank

IDBI

District

UDUPI

State

KARNATAKA

Contact

+918202528812

Address

PADMAVTHI COMPLEX, 1ST FLOOR, CHURCH ROAD, KUNDAPURA 576201

Get Directions to This Branch

Using IFSC IBKL0186MC3 for money transfers

NEFT transfers to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI, one of IDBI's branches in UDUPI, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing 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).

Here's how to send money to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI using net banking or a UPI app:

  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 IBKL0186MC3 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 UDUPI, KARNATAKA is IBKL0186MC3. 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 576259255. MICR codes are used for cheque clearing, while the IFSC code (IBKL0186MC3) 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: PADMAVTHI COMPLEX, 1ST FLOOR, CHURCH ROAD, KUNDAPURA 576201. It falls under UDUPI district, KARNATAKA.

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

Yes — the same IFSC code (IBKL0186MC3) 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 UDUPI

MAHALAKSHMI CO OPERATIVE BANK LTD UDUPIMAHALAKSHMI CO OPERATIVE BANK LTD UDUPIMAHALAKSHMI CO OPERATIVE BANK LTD GANGOLLI BRANCHMAHALAKSHMI CO OPERATIVE BANK LTD HEJMADY BRANCHMAHALAKSHMI CO OPERATIVE BANK LTD PADU UCHILA BRANCHTEACHERS CO OPERATIVE BANK LTDTEACHERS CO OPERATIVE BANK LTDUDIPI

IDBI in other districts of KARNATAKA

BANGALORE (33)HOSPET (26)BENGALURU (10)MANGALORE (8)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.