Vita Merchants Co-operative Bank IFSC Code IBKL0116VMC

Vita Merchants Co-operative Bank – Vita Merchants Co-operative Bank IMPS

IFSC Code: IBKL0116VMC

MICR Code: 416259262

Branch: Vita Merchants Co-operative Bank IMPS

Bank: Vita Merchants Co-operative Bank

Address: THIIERHIMTURRDKREGN

District: KOLHAPUR

State: MAHARASHTRA

Contact: +912163220673

Indian Financial System Code (IFSC): IBKL0116VMC

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 116VMC. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416259262

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.