IFSC Code of IDBI Bank, The Mangalore Co Operative Town Bank Limited Branch, Karnataka

If you are searching for the IFSC code of IDBI Bank, THE MANGALORE CO OPERATIVE TOWN BANK LIMITED branch in MANGALORE, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is IBKL0078MCT. 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 MANGALORE CO OPERATIVE TOWN BANK LIMITED branch, and detailed step-by-step guides for using the IFSC IBKL0078MCT 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, IBKL0078MCT is the IFSC of IDBI Bank's THE MANGALORE CO OPERATIVE TOWN BANK LIMITED branch. The format is fixed: IBKL = bank code, 0 = reserved, 078MCT = branch identifier.

Branch details at a glance

Bank profile

IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The The Mangalore Co Operative Town Bank Limited branch — IFSC IBKL0078MCT — extends the bank's services to customers in and around Mangalore, Karnataka.

The Mangalore Co Operative Town Bank Limited branch overview

Located at HEAD OFFICE CAR STREET,MANGALORE 575001, the The Mangalore Co Operative Town Bank Limited branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IBKL0078MCT is required for all interbank electronic transfers routed through this branch.

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 THE MANGALORE CO OPERATIVE TOWN BANK LIMITED of IDBI Bank — its own 11-character IFSC. The code IBKL0078MCT 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 IBKL0078MCT 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 IBKL0078MCT

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 IBKL0078MCT across all three.

How to use IFSC IBKL0078MCT for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDBI Bank's THE MANGALORE CO OPERATIVE TOWN BANK LIMITED 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IBKL0078MCT.
4. Confirm the bank name auto-populates as IDBI Bank and the branch as THE MANGALORE CO OPERATIVE TOWN BANK LIMITED.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to THE MANGALORE CO OPERATIVE TOWN BANK LIMITED

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's THE MANGALORE CO OPERATIVE TOWN BANK LIMITED branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0078MCT 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 – THE MANGALORE CO OPERATIVE TOWN BANK LIMITED, use IMPS. With IFSC IBKL0078MCT 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 IBKL0078MCT for IDBI Bank – THE MANGALORE CO OPERATIVE TOWN BANK LIMITED, 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 Mangalore Co Operative Town Bank Limited 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 THE MANGALORE CO OPERATIVE TOWN BANK LIMITED branch, the IFSC IBKL0078MCT 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.

Account types you can open at the The Mangalore Co Operative Town Bank Limited branch

Once you have an account at IDBI Bank – THE MANGALORE CO OPERATIVE TOWN BANK LIMITED, the IFSC IBKL0078MCT 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 Mangalore Co Operative Town Bank Limited branch can access most of IDBI Bank'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 IBKL0078MCT

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 IBKL0078MCT and the account number together uniquely identify the The Mangalore Co Operative Town Bank Limited branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC IBKL0078MCT

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the THE MANGALORE CO OPERATIVE TOWN BANK LIMITED branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IBKL0078MCT is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

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 – THE MANGALORE CO OPERATIVE TOWN BANK LIMITED:

• The IFSC is exactly IBKL0078MCT 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 THE MANGALORE CO OPERATIVE TOWN BANK LIMITED 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 The Mangalore Co Operative Town Bank Limited branch sits at HEAD OFFICE CAR STREET,MANGALORE 575001. If you are travelling from outside Mangalore, search for the branch on a maps application using the bank name and locality, or call 824-2429330 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 IBKL0078MCT and your account number.

Verifying IFSC IBKL0078MCT 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 IBKL0078MCT by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 824-2429330.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at The Mangalore Co Operative Town Bank Limited 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 IBKL0078MCT continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: IBKL0078MCT is the IFSC code of IDBI Bank, THE MANGALORE CO OPERATIVE TOWN BANK LIMITED branch, in MANGALORE, 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.