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Updated: 31 Oct 2026, 12:03 pm IST

IDBI The Merchants Souharda Sahakara Bank Ni – IFSC IBKL01241MB

IDBI Bank · No Santhepet Near Gandhi Circle Chitradurga 577501, Chitradurga, Karnataka

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Bank
IDBI Bank
Branch
The Merchants Souharda Sahakara Bank Ni
MICR Code
577810502
Address
No Santhepet Near Gandhi Circle Chitradurga 577501
Phone
WhatsApp these details Copies bank, branch and IFSC in the order banking apps ask for them.

Is this the right branch?

IBKL
IDBI Bank
0
always zero
1241MB
The Merchants Souharda Sahakara Bank Ni
Careful — 1 other IDBI branch has the same PIN code 577501. Check the branch name on your cheque or passbook before you send money.
The Merchants Souharda Sahakara Bank Ni this pageIBKL01241MBNo Santhepet Near Gandhi Circle Chitradurga 577501
ChitradurgaIBKL0001241Maganur Commercial Complex, B D Road, Chitradurga, Karnataka 577501

How should I send money here?

UPI
Instant · up to ₹1 lakh*
IMPS
Instant · up to ₹5 lakh
NEFT
24×7 · half-hourly batches
RTGS
Real-time · ₹2 lakh minimum

*Most banks cap UPI at ₹1 lakh a day. Limits set by your own bank may be lower.

IDBI branches near The Merchants Souharda Sahakara Bank Ni

Branches with other PIN codes close by:

BranchIFSCPIN
Shikaripura Slscomplx, S.S. Rod, Nrmltsttr, Sikripurtown, Sivmogg District, Krntk 577427 IBKL0002207 577427
Tarikere Sapthagiri Arcade, B.H. Road, Tarikere, Karnataka 577228 IBKL0002117 577228
Shimoga L L R Road, Opp. C S Hospital, Shimoga 577201 IBKL0000428 577201
Chikmagalur K.B.G Building, M.G. Road, Chikmagalur 577101 IBKL0000333 577101
Davangere BSC Annex, CG Hospital Road, Ward, PJ Extension, Davangere, Karnataka 577004 IBKL0000364 577004
The Davangere Urban Coop Bank LTD Head Office PO Box P B Road Near Gandhi Circle Davangere 577002 IBKL0069DUB 577002
Shiva Sahakari Bank Niyamitha Davangere Old Hospital Road, Davangere 577001 IBKL0364SSB 577001

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IFSC Code of The Merchants Souharda Sahakara Bank Ni, IDBI Bank

The IFSC code of The Merchants Souharda Sahakara Bank Ni branch of IDBI Bank, located at No Santhepet Near Gandhi Circle Chitradurga 577501, Chitradurga, Karnataka is IBKL01241MB. This code is mandatory for all electronic fund transfers — NEFT, RTGS, and IMPS — initiated to or from this branch.

The MICR (Magnetic Ink Character Recognition) code of this branch is 577810502. MICR codes are printed on cheques and used by banks to process paper-based clearing transactions.

Websiteidbi.bank.in ↗
DistrictChitradurga
StateKarnataka
PIN Code577501

New to IFSC? See What is an IFSC code — how it is structured, where to find it on a cheque, and how NEFT, RTGS and IMPS use it.

More about this branch

Sample cheque showing where IFSC and MICR are printed
Sample cheque for IBKL01241MB — The Merchants Souharda Sahakara Bank Ni, IDBI Bank

Specimen image for reference only. IFSC IBKL01241MB belongs to The Merchants Souharda Sahakara Bank Ni, IDBI Bank.

Branch Location
The Merchants Souharda Sahakara Bank Ni — IDBI Bank
No Santhepet Near Gandhi Circle Chitradurga 577501
Chitradurga, Karnataka, India — PIN 577501
Branch details of IBKL01241MB as a JSON file
Sources: RBI — NEFT-enabled bank branches (as on 15 Oct 2026) · RBI — RTGS-enabled bank branches (as on 15 Oct 2026)