If you are searching for the IFSC code of IDBI Bank, M S CO OPERATIVE BANK LTD branch in BARODA, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is IBKL0553MSC. 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 M S CO OPERATIVE BANK LTD branch, and detailed step-by-step guides for using the IFSC IBKL0553MSC 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.
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 IDBI Bank's M S CO OPERATIVE BANK LTD branch, the IFSC IBKL0553MSC breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 553MSC identifies this particular branch.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | M S Co Operative Bank Ltd |
| IFSC Code | IBKL0553MSC |
| MICR Code | Refer to cheque leaf |
| Branch Address | MS PLAZA, ABHILASHA CHAR RASTA, NEW SAMA ROAD, BARODA 390024 |
| City | Baroda |
| District | Baroda |
| State | Gujarat |
| STD Code | 265 |
| Phone | 2713433 |
About IDBI Bank
IDBI Bank operates a wide network of branches across India, including the M S Co Operative Bank Ltd branch in Baroda. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IBKL0553MSC.
About this branch
The branch is located at MS PLAZA, ABHILASHA CHAR RASTA, NEW SAMA ROAD, BARODA 390024. It serves the Baroda region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of IDBI Bank. The IFSC IBKL0553MSC is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how IDBI Bank's M S CO OPERATIVE BANK LTD branch came to be assigned the code IBKL0553MSC.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IBKL0553MSC, money simply cannot be routed to the M S CO OPERATIVE BANK LTD branch electronically.
How to transfer money using IFSC IBKL0553MSC
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 IBKL0553MSC across all three.
NEFT to IDBI Bank, M S CO OPERATIVE BANK LTD using IFSC IBKL0553MSC
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 IBKL0553MSC, and confirm that the system picks up IDBI Bank – M S CO OPERATIVE BANK LTD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IBKL0553MSC
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 IDBI Bank – M S CO OPERATIVE BANK LTD, ensure your bank's portal accepts IFSC IBKL0553MSC while registering the beneficiary. RTGS is also available 24x7.
IMPS to IDBI Bank M S CO OPERATIVE BANK LTD (IFSC IBKL0553MSC)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0553MSC in your mobile or internet banking app, and the money is credited to the M S CO OPERATIVE BANK LTD branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0553MSC for IDBI Bank – M S CO OPERATIVE BANK LTD, 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 – IBKL0553MSC | Yes – IBKL0553MSC | Yes – IBKL0553MSC |
For most retail customers crediting the M S Co Operative Bank Ltd 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 IBKL0553MSC
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 IDBI Bank – M S CO OPERATIVE BANK LTD is still mapped to IFSC IBKL0553MSC. 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 IBKL0553MSC and the beneficiary's account number to complete the transfer.
Account types you can open at the M S Co Operative Bank Ltd branch
Once you have an account at IDBI Bank – M S CO OPERATIVE BANK LTD, the IFSC IBKL0553MSC 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.
Banking services available
The M S Co Operative Bank Ltd branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 265-2713433.
- 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 IBKL0553MSC
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by IDBI Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IBKL0553MSC and the account number together uniquely identify the M S Co Operative Bank Ltd 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 M S Co Operative Bank Ltd 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 IBKL0553MSC 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 IDBI Bank – M S CO OPERATIVE BANK LTD:
- The IFSC is exactly IBKL0553MSC with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills IDBI Bank as the bank name and M S CO OPERATIVE BANK LTD 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.
Reaching the branch
The M S Co Operative Bank Ltd branch sits at MS PLAZA, ABHILASHA CHAR RASTA, NEW SAMA ROAD, BARODA 390024. If you are travelling from outside Baroda, search for the branch on a maps application using the bank name and locality, or call 265-2713433 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 IBKL0553MSC and your account number.
Verifying IFSC IBKL0553MSC 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 IBKL0553MSC by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 265-2713433.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The M S Co Operative Bank Ltd branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0553MSC, however, work 24x7.
Branch address & contact
IDBI BankM S Co Operative Bank Ltd Branch
MS PLAZA, ABHILASHA CHAR RASTA, NEW SAMA ROAD, BARODA 390024
Baroda, Gujarat
Phone: 265-2713433
IFSC: IBKL0553MSC
Frequently asked questions
How quickly will an NEFT transfer using IBKL0553MSC be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – M S Co Operative Bank Ltd reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the M S Co Operative Bank Ltd branch but serve different purposes.
Is IFSC IBKL0553MSC valid for NEFT and RTGS?
Yes. IFSC IBKL0553MSC is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of IDBI Bank M S Co Operative Bank Ltd branch?
You can reach the branch at 265-2713433 during regular banking hours.
What is the IFSC code of IDBI Bank M S Co Operative Bank Ltd branch?
The IFSC code of IDBI Bank, M S Co Operative Bank Ltd branch is IBKL0553MSC. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC IBKL0553MSC the same for all accounts at M S Co Operative Bank Ltd branch?
Yes. The IFSC IBKL0553MSC is shared by every account held at IDBI Bank's M S Co Operative Bank Ltd branch. Only the account number changes from customer to customer.
Final notes
To recap: IBKL0553MSC is the IFSC code of IDBI Bank, M S CO OPERATIVE BANK LTD branch, in BARODA, GUJARAT. 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.
