This page lists the IFSC code, branch address, contact number and fund-transfer information for Axis Bank, MERCHANTS LIBERAL COOP BANK branch in GADAG BETIGERI. The 11-digit IFSC UTIB0SMLCBK uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Axis Bank at the MERCHANTS LIBERAL COOP BANK location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Axis Bank's MERCHANTS LIBERAL COOP BANK branch, the IFSC UTIB0SMLCBK breaks down as follows: UTIB identifies the bank, 0 is the reserved character, and SMLCBK identifies this particular branch.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Merchants Liberal Coop Bank |
| IFSC Code | UTIB0SMLCBK |
| MICR Code | Refer to cheque leaf |
| Branch Address | BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101 |
| City | Gadag Betigeri |
| District | Gadag |
| State | Karnataka |
| STD Code | 8372 |
| Phone | 234993 |
About the bank
Axis Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Merchants Liberal Coop Bank branch in Gadag Betigeri, Karnataka is part of this network and uses the IFSC code UTIB0SMLCBK for all electronic settlement.
About this branch
The branch is located at BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101. It serves the Gadag Betigeri region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Axis Bank. The IFSC UTIB0SMLCBK is used to identify this branch on the RBI payments network.
Why every Axis Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MERCHANTS LIBERAL COOP BANK of Axis Bank — its own 11-character IFSC. The code UTIB0SMLCBK is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC UTIB0SMLCBK the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC UTIB0SMLCBK
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0SMLCBK across all three.
How to use IFSC UTIB0SMLCBK for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's MERCHANTS LIBERAL COOP BANK branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UTIB0SMLCBK.
- Confirm the bank name auto-populates as Axis Bank and the branch as MERCHANTS LIBERAL COOP BANK.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0SMLCBK
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – MERCHANTS LIBERAL COOP BANK, ensure your bank's portal accepts IFSC UTIB0SMLCBK while registering the beneficiary. RTGS is also available 24x7.
IMPS to Axis Bank MERCHANTS LIBERAL COOP BANK (IFSC UTIB0SMLCBK)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC UTIB0SMLCBK in your mobile or internet banking app, and the money is credited to the MERCHANTS LIBERAL COOP BANK branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC UTIB0SMLCBK for Axis Bank – MERCHANTS LIBERAL COOP BANK, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – UTIB0SMLCBK | Yes – UTIB0SMLCBK | Yes – UTIB0SMLCBK |
For most retail customers crediting the Merchants Liberal Coop Bank branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's MERCHANTS LIBERAL COOP BANK branch, the IFSC UTIB0SMLCBK is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Merchants Liberal Coop Bank branch is mapped to IFSC UTIB0SMLCBK on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0SMLCBK.
Banking services available
The Merchants Liberal Coop Bank branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8372-234993.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0SMLCBK
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Axis Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC UTIB0SMLCBK and the account number together uniquely identify the Merchants Liberal Coop Bank branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Merchants Liberal Coop Bank branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC UTIB0SMLCBK is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – MERCHANTS LIBERAL COOP BANK:
- The IFSC is exactly UTIB0SMLCBK with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and MERCHANTS LIBERAL COOP BANK as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Merchants Liberal Coop Bank branch
The branch is located at BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101, which puts it inside Gadag Betigeri, the broader Gadag district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Axis Bank Merchants Liberal Coop Bank branch” — the verified location pin for IFSC UTIB0SMLCBK should appear at the top of the results.
- Confirm the branch is open by calling 8372-234993 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC UTIB0SMLCBK and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC UTIB0SMLCBK for Axis Bank – MERCHANTS LIBERAL COOP BANK, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Merchants Liberal Coop Bank are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0SMLCBK continue to work without interruption.
Branch address & contact
Axis BankMerchants Liberal Coop Bank Branch
BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101
Gadag Betigeri, Karnataka
Phone: 8372-234993
IFSC: UTIB0SMLCBK
Frequently asked questions
Does Axis Bank Merchants Liberal Coop Bank branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8372-234993 to confirm.
Can I use IFSC UTIB0SMLCBK for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC UTIB0SMLCBK to send funds instantly.
What is the phone number of Axis Bank Merchants Liberal Coop Bank branch?
You can reach the branch at 8372-234993 during regular banking hours.
How quickly will an NEFT transfer using UTIB0SMLCBK be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Merchants Liberal Coop Bank reflect within 30 minutes.
How do I add Axis Bank Merchants Liberal Coop Bank as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC UTIB0SMLCBK, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Axis Bank Merchants Liberal Coop Bank branch located?
Axis Bank's Merchants Liberal Coop Bank branch is located at BASAVESHWAR CIRCLE MAKANGALLI GADAG 582101, Gadag Betigeri, Karnataka.
Is IFSC UTIB0SMLCBK valid for NEFT and RTGS?
Yes. IFSC UTIB0SMLCBK is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC UTIB0SMLCBK the same for all accounts at Merchants Liberal Coop Bank branch?
Yes. The IFSC UTIB0SMLCBK is shared by every account held at Axis Bank's Merchants Liberal Coop Bank branch. Only the account number changes from customer to customer.
Final notes
To recap: UTIB0SMLCBK is the IFSC code of Axis Bank, MERCHANTS LIBERAL COOP BANK branch, in GADAG BETIGERI, KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
