IFSC Code of Ahmednagar Merchants Cooperative Bank Limited, Jamkhed Branch, Maharashtra

If you are searching for the IFSC code of Ahmednagar Merchants Cooperative Bank Limited, JAMKHED branch in JAMKHED, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is AMDN0000107. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the JAMKHED branch, and detailed step-by-step guides for using the IFSC AMDN0000107 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Ahmednagar Merchants Cooperative Bank Limited's JAMKHED branch, the IFSC AMDN0000107 breaks down as follows: AMDN identifies the bank, 0 is the reserved character, and 000107 identifies this particular branch.

About Ahmednagar Merchants Cooperative Bank Limited

Ahmednagar Merchants Cooperative Bank Limited operates a wide network of branches across India, including the Jamkhed branch in Jamkhed. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, AMDN0000107.

About the Jamkhed branch

The Jamkhed branch of Ahmednagar Merchants Cooperative Bank Limited is situated at RAUT BUILDING,NAGAR BEED ROAD,A/P TAL.JAMKHED,DIST.AHMEDNAGAR. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code AMDN0000107 is used.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Ahmednagar Merchants Cooperative Bank Limited's JAMKHED branch came to be assigned the code AMDN0000107.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC AMDN0000107, money simply cannot be routed to the JAMKHED branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Jamkhed branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC AMDN0000107 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC AMDN0000107

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC AMDN0000107 across all three.

How to use IFSC AMDN0000107 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Ahmednagar Merchants Cooperative Bank Limited's JAMKHED branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC AMDN0000107.
4. Confirm the bank name auto-populates as Ahmednagar Merchants Cooperative Bank Limited and the branch as JAMKHED.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC AMDN0000107

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Ahmednagar Merchants Cooperative Bank Limited – JAMKHED, ensure your bank's portal accepts IFSC AMDN0000107 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Ahmednagar Merchants Cooperative Bank Limited JAMKHED (IFSC AMDN0000107)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC AMDN0000107 in your mobile or internet banking app, and the money is credited to the JAMKHED branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Jamkhed

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC AMDN0000107:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at JAMKHED is still linked to IFSC AMDN0000107.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Ahmednagar Merchants Cooperative Bank Limited's JAMKHED branch, the IFSC AMDN0000107 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Jamkhed branch

Once you have an account at Ahmednagar Merchants Cooperative Bank Limited – JAMKHED, the IFSC AMDN0000107 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Jamkhed branch can access most of Ahmednagar Merchants Cooperative Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC AMDN0000107

Online banking and IFSC AMDN0000107

Ahmednagar Merchants Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the JAMKHED branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC AMDN0000107 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

How to reach the Jamkhed branch

The branch is located at RAUT BUILDING,NAGAR BEED ROAD,A/P TAL.JAMKHED,DIST.AHMEDNAGAR, which puts it inside Jamkhed, the broader Ahmednagar district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Ahmednagar Merchants Cooperative Bank Limited Jamkhed branch” — the verified location pin for IFSC AMDN0000107 should appear at the top of the results.
2. Confirm the branch is open by calling 2421-222291 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC AMDN0000107 and your account number.

Common mistakes to avoid when using IFSC AMDN0000107

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Ahmednagar Merchants Cooperative Bank Limited – JAMKHED, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: AMDN0000107.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Jamkhed branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC AMDN0000107, however, work 24x7.

Verifying IFSC AMDN0000107 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm AMDN0000107 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2421-222291.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: AMDN0000107 is the IFSC code of Ahmednagar Merchants Cooperative Bank Limited, JAMKHED branch, in JAMKHED, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.