Nanded Merchants Co-operative Bank Nanded Logo
Verified Branch

Nanded Merchants Co-operative Bank Nanded

Nanded Merchants Co-operative Bank Nanded IMPS Branch, MUMBAI

IFSC Code
IBKL0500NMC
Required for NEFT, RTGS, IMPS money transfers
MICR Code
431883000
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IBKL Bank Code (1-4)
0 Control Zero (5th)
500NMC Branch Code (6-11)

Complete Branch Details

Full Address THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604
State MAHARASHTRA
District / City NANDED
Centre / Region NANDED
Contact / Helpline +912462283434
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IBKL0500NMC.
  4. Confirm bank name displays as Nanded Merchants Co-operative Bank Nanded and branch as Nanded Merchants Co-operative Bank Nanded IMPS.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IBKL0500NMC)

What is the IFSC code of Nanded Merchants Co-operative Bank Nanded Nanded Merchants Co-operative Bank Nanded IMPS branch?

The verified 11-digit IFSC code is IBKL0500NMC. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Nanded Merchants Co-operative Bank Nanded Nanded Merchants Co-operative Bank Nanded IMPS?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 431883000. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604, located in NANDED district, MAHARASHTRA.