IFSC Code of The Latur Urban Coperative Bank Ltd, Chembur Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for The Latur Urban Coperative Bank Ltd, CHEMBUR branch in MUMBAI. The 11-digit IFSC LUCB0000017 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 The Latur Urban Coperative Bank Ltd at the CHEMBUR 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.

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, LUCB0000017 is the IFSC of The Latur Urban Coperative Bank Ltd's CHEMBUR branch. The format is fixed: LUCB = bank code, 0 = reserved, 000017 = branch identifier.

Branch details at a glance

Bank profile

The Latur Urban Coperative Bank Ltd is among the recognised banks listed on the Reserve Bank of India's payments network. The Chembur branch — IFSC LUCB0000017 — extends the bank's services to customers in and around Mumbai, Maharashtra.

About this branch

The branch is located at SHOP NO. 94, JAI HIND MARKET, CTS NO. 1729, DR. C.G. ROAD, OPP, OF M.S. BUILDING, CHEMBUR (E), MUMBAI 400074. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Latur Urban Coperative Bank Ltd. The IFSC LUCB0000017 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 The Latur Urban Coperative Bank Ltd's CHEMBUR branch came to be assigned the code LUCB0000017.

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 LUCB0000017, money simply cannot be routed to the CHEMBUR branch electronically.

How to transfer money using IFSC LUCB0000017

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 LUCB0000017 across all three.

How to use IFSC LUCB0000017 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Latur Urban Coperative Bank Ltd's CHEMBUR 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 LUCB0000017.
4. Confirm the bank name auto-populates as The Latur Urban Coperative Bank Ltd and the branch as CHEMBUR.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC LUCB0000017

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 The Latur Urban Coperative Bank Ltd – CHEMBUR, ensure your bank's portal accepts IFSC LUCB0000017 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Latur Urban Coperative Bank Ltd CHEMBUR (IFSC LUCB0000017)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC LUCB0000017 in your mobile or internet banking app, and the money is credited to the CHEMBUR branch account within seconds.

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

All three modes accept the IFSC LUCB0000017 for The Latur Urban Coperative Bank Ltd – CHEMBUR, 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 Chembur 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 LUCB0000017

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 The Latur Urban Coperative Bank Ltd – CHEMBUR is still mapped to IFSC LUCB0000017. 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 LUCB0000017 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Chembur branch is mapped to IFSC LUCB0000017 on the RBI payments network. The branch generally supports the full retail product catalogue of The Latur Urban Coperative Bank Ltd, 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 LUCB0000017.

Banking services available

The Chembur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-25266181.

• 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 LUCB0000017

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Latur Urban Coperative Bank Ltd carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC LUCB0000017 and the account number together uniquely identify the Chembur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC LUCB0000017

The Latur Urban Coperative Bank Ltd customers can register for net banking and the bank's official mobile app once their account at the CHEMBUR 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 LUCB0000017 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 The Latur Urban Coperative Bank Ltd – CHEMBUR:

• The IFSC is exactly LUCB0000017 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Latur Urban Coperative Bank Ltd as the bank name and CHEMBUR 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 Chembur branch sits at SHOP NO. 94, JAI HIND MARKET, CTS NO. 1729, DR. C.G. ROAD, OPP, OF M.S. BUILDING, CHEMBUR (E), MUMBAI 400074. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-25266181 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 LUCB0000017 and your account number.

Verifying IFSC LUCB0000017 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 LUCB0000017 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-25266181.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Chembur 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 LUCB0000017 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: LUCB0000017 is the IFSC code of The Latur Urban Coperative Bank Ltd, CHEMBUR branch, in MUMBAI, MAHARASHTRA. 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.