Bombay Mercantile Co Operative Bank Bombay Mercantile Co-operative Bank Imps IFSC Code
Bombay Mercantile Co Operative Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1)
District
Mumbai
State
Maharashtra
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Other Bombay Mercantile Co Operative Bank Branches in Mumbai
4 nearby branches — click to view IFSC
Head Office Branch (78 Mohammedali Road Mumbai - 0002)
78, Mohammedali Road, Mumbai
Rtgs-ho (89 Mohammedali Road Mumbai - 0001)
89, Mohammedali Road,mumbai
Byculla (dr Ambedkar Marg - 0003)
1b,alexandra Terrace, Dr. Ambedkar Marg,
Ebrahim Rehmatoola Road (ebrahim Rehimtoola Road Mumb - 0004)
71, Ebrahim Rehimtoola Road,mumbai
Frequently Asked Questions
About Bombay Mercantile Co Operative Bank Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1), Mumbai
The IFSC code UTIB0SBMCB1 (lowercase: utib0sbmcb1) belongs to Bombay Mercantile Co Operative Bank, specifically the Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1) branch located in Mumbai, Maharashtra.
The 5th character in the IFSC code UTIB0SBMCB1 is a zero (0), not the letter 'O'. The correct format is UTIB0SBMCB1 (lowercase: utib0sbmcb1), and not UTIBOSBMCB1. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Bombay Mercantile Co Operative Bank Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1) in Mumbai, Maharashtra is UTIB0SBMCB1. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Bombay Mercantile Co Operative Bank Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1) is located at 78 Mohamed Ali Road Mumbai 400003, Mumbai, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR (Magnetic Ink Character Recognition) code of Bombay Mercantile Co Operative Bank Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1) is 400069001. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code UTIB0SBMCB1 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code UTIB0SBMCB1 by checking: (1) The top-left corner of any Bombay Mercantile Co Operative Bank Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1) cheque leaf, (2) The first page of your Bombay Mercantile Co Operative Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: UTIB0SBMCB1
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
UTIB0SBMCB1
What Each Part Means
- Bank Code — UTIB
- The first 4 characters uniquely identify Bombay Mercantile Co Operative Bank at the national level. Every branch of Bombay Mercantile Co Operative Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — SBMCB1
- The final 6 characters SBMCB1 uniquely identify this specific branch within the Bombay Mercantile Co Operative Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | UTIB | Identifies Bombay Mercantile Co Operative Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | SBMCB1 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Bombay Mercantile Co Operative Bank
Bombay Mercantile Co-operative Bank Imps (mohamed Ali Road Mumbai 4000 - Mcb1), Mumbai, Maharashtra
Cheque No.
00000001
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | UTIB0SBMCB1 | 400069001 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.