← All Sardarganj Mercantile Co-operative Bank branches & IFSC codes
Sardarganj Mercantile Co-operative Bank — Sardarganj Mercantile Co-operative Bank IMPS Branch
MUMBAI, MAHARASHTRA | IFSC: UTIB0SSMC01
About Sardarganj Mercantile Co-operative Bank Sardarganj Mercantile Co-operative Bank IMPS Branch — IFSC Code UTIB0SSMC01
Let me give you the actual useful details here, not just the code. Sardarganj Mercantile Co-operative Bank's Sardarganj Mercantile Co-operative Bank IMPS branch is in MUMBAI, ANAND district, MAHARASHTRA. The IFSC code is UTIB0SSMC01 — verified against RBI records. You'll need this exact code any time you want to receive a bank transfer to an account held at this branch.
Quick breakdown of what this IFSC code tells you: UTIB = Sardarganj Mercantile Co-operative Bank (that's how every Sardarganj Mercantile Co-operative Bank branch code starts), the 0 in the middle is RBI's reserved placeholder (it's always zero, no exceptions), and SSMC01 = the unique identifier for this specific Sardarganj Mercantile Co-operative Bank IMPS branch. Every branch in India has its own tail code.
MICR Code for Sardarganj Mercantile Co-operative Bank Sardarganj Mercantile Co-operative Bank IMPS
The MICR code here is 388802001. This is a 9-digit code — entirely separate from the IFSC — used for cheque processing. If you're filling out a form that asks for both IFSC and MICR, those are two different fields requiring two different codes.
How to read MICR code 388802001: digits 1–3 (388) = city code, digits 4–6 (802) = bank code, digits 7–9 (001) = branch code. Cheque-clearing machines at banks use magnetic ink technology to read this — it's been the standard since the 1980s and is still actively used.
📌 Branch PIN code: 388001. If you're filling in a beneficiary form and they ask for the PIN code of the bank branch (not your home PIN), this is it.
How to Use IFSC Code UTIB0SSMC01 for Money Transfers
There are three main ways to send money using this IFSC code — NEFT, RTGS, and IMPS. They're not interchangeable, and picking the wrong one can mean delays or unnecessary fees.
NEFT Transfer (Best for most routine transfers)
NEFT (National Electronic Funds Transfer) works in 30-minute settlement batches, runs 24×7 including holidays, and there's no minimum or maximum transfer limit. Banks cannot charge fees for NEFT transfers — RBI eliminated those fees in January 2020. I use NEFT for practically everything: paying suppliers, rent, EMI mandates. Enter IFSC UTIB0SSMC01 as the branch code when setting up a beneficiary.
RTGS Transfer (For ₹2 lakh and above)
RTGS (Real Time Gross Settlement) is the one where funds actually move in real-time — not batched. Minimum amount is ₹2,00,000 and there's no upper cap. Banks typically charge ₹20–₹50. If you're doing a property transaction, business payment, or any large transfer, RTGS with IFSC UTIB0SSMC01 is the right choice. Settlement is essentially immediate.
IMPS Transfer (For urgent transfers of any size, 24×7)
IMPS (Immediate Payment Service) is instant, works on bank holidays and at 2am, and the limit is ₹5 lakh per transaction. Small charges apply (usually ₹5–₹25). Honestly if something is genuinely urgent, IMPS with IFSC UTIB0SSMC01 is the fastest route. Money reaches the recipient's account in under a minute in most cases.
| Transfer Type | Speed | Min Amount | Max Amount | Available |
|---|---|---|---|---|
| NEFT | ~30 min batches | No minimum | No limit | 24×7, 365 days |
| RTGS | Real-time | ₹2,00,000 | No limit | 24×7, 365 days |
| IMPS | Instant (seconds) | No minimum | ₹5,00,000 | 24×7, 365 days |
Services Available at Sardarganj Mercantile Co-operative Bank Sardarganj Mercantile Co-operative Bank IMPS
Most Sardarganj Mercantile Co-operative Bank branches offer the full stack of banking services: savings and current accounts, fixed deposits, recurring deposits, lockers, home loans, personal loans, education loans, vehicle loans, credit cards, debit cards, and forex services. Internet banking and mobile banking enrollment are available at any branch.
Branch hours are typically Monday to Saturday, 10 AM to 4 PM, with Sundays and bank holidays closed. The 2nd and 4th Saturday of each month are also usually holidays. That said — call ahead before visiting for anything time-sensitive, because individual branches sometimes have different hours.
📍 Branch address: SARDAR CHAMBERS, SARDARGANJ, ANAND - 388001, MUMBAI — 388001. Use the map above to get directions.
Sardarganj Mercantile Co-operative Bank Branches in MUMBAI, MAHARASHTRA
The Sardarganj Mercantile Co-operative Bank IMPS branch is one of Sardarganj Mercantile Co-operative Bank's locations serving MUMBAI and ANAND district in MAHARASHTRA. Use the search on this site to find other Sardarganj Mercantile Co-operative Bank branches in MUMBAI or nearby areas — enter 'Sardarganj Mercantile Co-operative Bank MUMBAI' in the search bar to see a full list with IFSC codes and addresses.
Questions About IFSC Code UTIB0SSMC01
The IFSC code is UTIB0SSMC01. This is RBI-verified and used for NEFT, RTGS, and IMPS transfers. Copy it exactly — case doesn't matter when entering it in banking portals, but all characters must be correct.
Sardarganj Mercantile Co-operative Bank Sardarganj Mercantile Co-operative Bank IMPS branch is located in MUMBAI, ANAND district, MAHARASHTRA. The address is: SARDAR CHAMBERS, SARDARGANJ, ANAND - 388001. Use the map on this page for directions.
The MICR code is 388802001. This is a 9-digit code used specifically for cheque clearing — it's different from the IFSC code and needed in different situations (mainly when filling out cheque-related forms).
Log into your net banking or mobile banking app, go to 'Add Beneficiary' or 'Manage Payees', enter the account holder's name, account number, and use UTIB0SSMC01 as the IFSC code. After adding, there's usually a 30-minute to 4-hour cooling period before you can transfer. The beneficiary details must match the account exactly — even a small name mismatch can cause transfers to fail.
Yes — you can cross-check UTIB0SSMC01 on the RBI website (rbi.org.in) under their IFSC lookup. The data on this site is sourced from RBI and updated regularly. For large transfers, it's always worth the extra 2 minutes to verify directly with the account holder.
Find a Bank IFSC Code Another Way
Looking for a different branch? Search for any bank IFSC code using whichever detail you have on hand: