IFSCIndex

Shimoga Arecanut Mandy Merchants Co Operative Bank Shimoga Arecanut Mandy Merchants Co-operative Bank Imps IFSC Code

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Shimoga Arecanut Mandy Merchants Co Operative Bank

UTIB0SAMMCB

IFSC · Used for NEFT, IMPS & RTGS

Not Assigned

MICR · This branch may not process cheques.

Branch

Shimoga Arecanut Mandy Merchants Co-operative Bank Imps

Address

Apmc Yard,shimoga

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District

Shimoga

State

Maharashtra

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Frequently Asked Questions

About Shimoga Arecanut Mandy Merchants Co Operative Bank Shimoga Arecanut Mandy Merchants Co-operative Bank Imps (apmc Yard - Mmcb), Shimoga

The IFSC code UTIB0SAMMCB (lowercase: utib0sammcb) belongs to Shimoga Arecanut Mandy Merchants Co Operative Bank, specifically the Shimoga Arecanut Mandy Merchants Co-operative Bank Imps (apmc Yard - Mmcb) branch located in Shimoga, Maharashtra.

The 5th character in the IFSC code UTIB0SAMMCB is a zero (0), not the letter 'O'. The correct format is UTIB0SAMMCB (lowercase: utib0sammcb), and not UTIBOSAMMCB. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Shimoga Arecanut Mandy Merchants Co Operative Bank Shimoga Arecanut Mandy Merchants Co-operative Bank Imps (apmc Yard - Mmcb) in Shimoga, Maharashtra is UTIB0SAMMCB. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Shimoga Arecanut Mandy Merchants Co Operative Bank Shimoga Arecanut Mandy Merchants Co-operative Bank Imps (apmc Yard - Mmcb) is located at Apmc Yard,shimoga, Shimoga, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR code for Shimoga Arecanut Mandy Merchants Co Operative Bank Shimoga Arecanut Mandy Merchants Co-operative Bank Imps (apmc Yard - Mmcb) in Shimoga is printed at the bottom of your cheque leaf. If you cannot locate it, contact your branch directly or check your passbook.

Yes. IFSC code UTIB0SAMMCB 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 UTIB0SAMMCB by checking: (1) The top-left corner of any Shimoga Arecanut Mandy Merchants Co Operative Bank Shimoga Arecanut Mandy Merchants Co-operative Bank Imps (apmc Yard - Mmcb) cheque leaf, (2) The first page of your Shimoga Arecanut Mandy Merchants 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: UTIB0SAMMCB

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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UTIB
Bank Codechars 1–4
0Reservedchar 5
SAMMCB
Branch Codechars 6–11

UTIB0SAMMCB

What Each Part Means

Bank Code — UTIB
The first 4 characters uniquely identify Shimoga Arecanut Mandy Merchants Co Operative Bank at the national level. Every branch of Shimoga Arecanut Mandy Merchants 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 — SAMMCB
The final 6 characters SAMMCB uniquely identify this specific branch within the Shimoga Arecanut Mandy Merchants 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.
Quick reference for IFSC code UTIB0SAMMCB
SegmentCharsValuePurpose
Bank Code1–4UTIBIdentifies Shimoga Arecanut Mandy Merchants Co Operative Bank
Reserved50RBI reserved (always 0)
Branch Code6–11SAMMCBUnique to this branch

Where to Find IFSC & MICR on Your Cheque

Interactive cheque leaf mockup — highlighted fields show live values from this branch

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchUTIB0SAMMCBNot available
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque 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.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.