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

Use this page as a one-stop reference for everything related to Ahmednagar Merchants Cooperative Bank Limited's NARAYANGAON branch in JUNNAR, MAHARASHTRA. The branch's IFSC code AMDN0000118 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 NARAYANGAON branch, the IFSC AMDN0000118 breaks down as follows: AMDN identifies the bank, 0 is the reserved character, and 000118 identifies this particular branch.

Bank profile

Ahmednagar Merchants Cooperative Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Narayangaon branch — IFSC AMDN0000118 — extends the bank's services to customers in and around Junnar, Maharashtra.

About this branch

The branch is located at SHOP NO 14 TO 17,GROUND FLOOR,VISION GALAXY RESIDENTIAL & COMMERCIAL,NEAR BUS STAND,PUNE-NASHIK ROAD,NARAYAN GAON,TAL JUNNAR,DISTPUNE 410504. It serves the Junnar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Ahmednagar Merchants Cooperative Bank Limited. The IFSC AMDN0000118 is used to identify this branch on the RBI payments network.

Branch details at a glance

Why every Ahmednagar Merchants Cooperative Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including NARAYANGAON of Ahmednagar Merchants Cooperative Bank Limited — its own 11-character IFSC. The code AMDN0000118 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC AMDN0000118 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Narayangaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC AMDN0000118 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 AMDN0000118

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 AMDN0000118 across all three.

NEFT to Ahmednagar Merchants Cooperative Bank Limited, NARAYANGAON using IFSC AMDN0000118

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC AMDN0000118, and confirm that the system picks up Ahmednagar Merchants Cooperative Bank Limited – NARAYANGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to NARAYANGAON

If you need to transfer ₹2 lakh or more in one go to an account at Ahmednagar Merchants Cooperative Bank Limited's NARAYANGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC AMDN0000118 while initiating the transfer and the credit will appear within minutes.

IMPS to Ahmednagar Merchants Cooperative Bank Limited NARAYANGAON (IFSC AMDN0000118)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC AMDN0000118 in your mobile or internet banking app, and the money is credited to the NARAYANGAON branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Narayangaon

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 AMDN0000118:

• 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 NARAYANGAON is still linked to IFSC AMDN0000118.

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.

UPI payments and IFSC AMDN0000118

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Ahmednagar Merchants Cooperative Bank Limited – NARAYANGAON is still mapped to IFSC AMDN0000118. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC AMDN0000118 and the beneficiary's account number to complete the transfer.

Account types you can open at the Narayangaon branch

Once you have an account at Ahmednagar Merchants Cooperative Bank Limited – NARAYANGAON, the IFSC AMDN0000118 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 Narayangaon 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 AMDN0000118

Digital banking channels

Most day-to-day work that customers used to do at the Narayangaon branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC AMDN0000118 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The Narayangaon branch sits at SHOP NO 14 TO 17,GROUND FLOOR,VISION GALAXY RESIDENTIAL & COMMERCIAL,NEAR BUS STAND,PUNE-NASHIK ROAD,NARAYAN GAON,TAL JUNNAR,DISTPUNE 410504. If you are travelling from outside Junnar, search for the branch on a maps application using the bank name and locality, or call 2132-244431 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC AMDN0000118 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Ahmednagar Merchants Cooperative Bank Limited – NARAYANGAON:

• The IFSC is exactly AMDN0000118 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Ahmednagar Merchants Cooperative Bank Limited as the bank name and NARAYANGAON as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Working hours

Branch counters at Narayangaon are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to AMDN0000118 continue to work without interruption.

Verifying IFSC AMDN0000118 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 AMDN0000118 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2132-244431.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: AMDN0000118 is the IFSC code of Ahmednagar Merchants Cooperative Bank Limited, NARAYANGAON branch, in JUNNAR, 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.