IFSC Code of ICICI Bank Limited, The Merchants Urban Co-Op Bank Ltd-Gadag Branch, Karnataka

If you are searching for the IFSC code of ICICI Bank Limited, THE MERCHANTS URBAN CO-OP BANK LTD-GADAG branch in GADAG, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is ICIC00TMUBG. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the THE MERCHANTS URBAN CO-OP BANK LTD-GADAG branch, and detailed step-by-step guides for using the IFSC ICIC00TMUBG across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, ICIC00TMUBG is the IFSC of ICICI Bank Limited's THE MERCHANTS URBAN CO-OP BANK LTD-GADAG branch. The format is fixed: ICIC = bank code, 0 = reserved, 0TMUBG = branch identifier.

Branch details at a glance

Bank profile

ICICI Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The The Merchants Urban Co-Op Bank Ltd-Gadag branch — IFSC ICIC00TMUBG — extends the bank's services to customers in and around Gadag, Karnataka.

About the The Merchants Urban Co-Op Bank Ltd-Gadag branch

The The Merchants Urban Co-Op Bank Ltd-Gadag branch of ICICI Bank Limited is situated at APMC ROAD GADAG 582101. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code ICIC00TMUBG is used.

Why every ICICI Bank Limited 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 THE MERCHANTS URBAN CO-OP BANK LTD-GADAG of ICICI Bank Limited — its own 11-character IFSC. The code ICIC00TMUBG 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 ICIC00TMUBG 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 ICIC00TMUBG

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 ICIC00TMUBG across all three.

NEFT to ICICI Bank Limited, THE MERCHANTS URBAN CO-OP BANK LTD-GADAG using IFSC ICIC00TMUBG

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC ICIC00TMUBG, and confirm that the system picks up ICICI Bank Limited – THE MERCHANTS URBAN CO-OP BANK LTD-GADAG. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC ICIC00TMUBG

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 ICICI Bank Limited – THE MERCHANTS URBAN CO-OP BANK LTD-GADAG, ensure your bank's portal accepts IFSC ICIC00TMUBG while registering the beneficiary. RTGS is also available 24x7.

IMPS to ICICI Bank Limited THE MERCHANTS URBAN CO-OP BANK LTD-GADAG (IFSC ICIC00TMUBG)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ICIC00TMUBG in your mobile or internet banking app, and the money is credited to the THE MERCHANTS URBAN CO-OP BANK LTD-GADAG branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC ICIC00TMUBG for ICICI Bank Limited – THE MERCHANTS URBAN CO-OP BANK LTD-GADAG, 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.

For most retail customers crediting the The Merchants Urban Co-Op Bank Ltd-Gadag 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.

UPI payments and IFSC ICIC00TMUBG

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at ICICI Bank Limited – THE MERCHANTS URBAN CO-OP BANK LTD-GADAG is still mapped to IFSC ICIC00TMUBG. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC ICIC00TMUBG and the beneficiary's account number to complete the transfer.

Account types you can open at the The Merchants Urban Co-Op Bank Ltd-Gadag branch

Once you have an account at ICICI Bank Limited – THE MERCHANTS URBAN CO-OP BANK LTD-GADAG, the IFSC ICIC00TMUBG stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the The Merchants Urban Co-Op Bank Ltd-Gadag branch can access most of ICICI Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC ICIC00TMUBG

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by ICICI Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC ICIC00TMUBG and the account number together uniquely identify the The Merchants Urban Co-Op Bank Ltd-Gadag 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 The Merchants Urban Co-Op Bank Ltd-Gadag 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 ICIC00TMUBG 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.

Common mistakes to avoid when using IFSC ICIC00TMUBG

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to ICICI Bank Limited – THE MERCHANTS URBAN CO-OP BANK LTD-GADAG, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: ICIC00TMUBG.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Reaching the branch

The The Merchants Urban Co-Op Bank Ltd-Gadag branch sits at APMC ROAD GADAG 582101. If you are travelling from outside Gadag, search for the branch on a maps application using the bank name and locality, or call 8372-278530 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC ICIC00TMUBG and your account number.

Verifying IFSC ICIC00TMUBG from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm ICIC00TMUBG by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8372-278530.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at The Merchants Urban Co-Op Bank Ltd-Gadag 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 ICIC00TMUBG continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: ICIC00TMUBG is the IFSC code of ICICI Bank Limited, THE MERCHANTS URBAN CO-OP BANK LTD-GADAG branch, in GADAG, 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.