IDBI — THE SWASAKTHI MERCANTILE CO OPERATIVE URBAN BANK LTD Branch

How to Use IBKL0089SMC for Money Transfers

The IFSC code IBKL0089SMC is specifically assigned to the THE SWASAKTHI MERCANTILE CO OPERATIVE URBAN BANK LTD branch of IDBI located in KRISHNA, ANDHRA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IBKL0089SMC when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IBKL0089SMC along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IBKL0089SMC when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About IDBI THE SWASAKTHI MERCANTILE CO OPERATIVE URBAN BANK LTD Branch

The THE SWASAKTHI MERCANTILE CO OPERATIVE URBAN BANK LTD branch of IDBI is situated in KRISHNA, ANDHRA PRADESH. The branch address is 40 27 51 PINNAMANENI POLYCLINIC ROAD VIJAYAWADA 520010. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919494796530. Always use the IFSC code IBKL0089SMC when making any online fund transfer to an account held at this branch.