IFSC Code of IDBI Bank, Mahalakshmi Co Operative Bank Ltd Udupi Branch, Karnataka

Below are the complete branch details for IDBI Bank, MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch, located in MANGALORE, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0186MC5. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IBKL0186MC5 for IDBI Bank – MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch, the IFSC IBKL0186MC5 breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 186MC5 identifies this particular branch.

Bank profile

IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Mahalakshmi Co Operative Bank Ltd Udupi branch — IFSC IBKL0186MC5 — extends the bank's services to customers in and around Mangalore, Karnataka.

About this branch

The branch is located at NEW CITY LUNCH HOME, 1ST FLOOR, SURATHKAL, MANGALORE 575014. It serves the Mangalore 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 IBKL0186MC5 is used to identify this branch on the RBI payments network.

Branch details at a glance

Why every IDBI 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 MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI of IDBI Bank — its own 11-character IFSC. The code IBKL0186MC5 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 IBKL0186MC5 the same way you would treat your account number — verify it once and save it carefully for future use.

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 IBKL0186MC5 and the account number together uniquely identify the Mahalakshmi Co Operative Bank Ltd Udupi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC IBKL0186MC5

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 IBKL0186MC5 across all three.

NEFT to IDBI Bank, MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI using IFSC IBKL0186MC5

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 IBKL0186MC5, and confirm that the system picks up IDBI Bank – MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0186MC5 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to IDBI Bank – MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI, use IMPS. With IFSC IBKL0186MC5 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC IBKL0186MC5 for IDBI Bank – MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI, 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 Mahalakshmi Co Operative Bank Ltd Udupi 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 IDBI Bank's MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch, the IFSC IBKL0186MC5 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 Mahalakshmi Co Operative Bank Ltd Udupi branch is mapped to IFSC IBKL0186MC5 on the RBI payments network. The branch generally supports the full retail product catalogue of IDBI 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 IBKL0186MC5.

Banking services available

The Mahalakshmi Co Operative Bank Ltd Udupi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 820-2528812.

• 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 IBKL0186MC5

Digital banking channels

Most day-to-day work that customers used to do at the Mahalakshmi Co Operative Bank Ltd Udupi 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 IBKL0186MC5 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.

Reaching the branch

The Mahalakshmi Co Operative Bank Ltd Udupi branch sits at NEW CITY LUNCH HOME, 1ST FLOOR, SURATHKAL, MANGALORE 575014. If you are travelling from outside Mangalore, search for the branch on a maps application using the bank name and locality, or call 820-2528812 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 IBKL0186MC5 and your account number.

Common mistakes to avoid when using IFSC IBKL0186MC5

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 IDBI Bank – MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI, 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: IBKL0186MC5.
• 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.

Working hours

Branch counters at Mahalakshmi Co Operative Bank Ltd Udupi 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 IBKL0186MC5 continue to work without interruption.

Verifying IFSC IBKL0186MC5 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 IBKL0186MC5 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 820-2528812.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0186MC5 belongs to IDBI Bank's MAHALAKSHMI CO OPERATIVE BANK LTD UDUPI branch, located at NEW CITY LUNCH HOME, 1ST FLOOR, SURATHKAL, MANGALORE 575014 in MANGALORE, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.