Use this page as a one-stop reference for everything related to Bombay Mercantile Cooperative Bank Ltd's AURANGABAD CIDCO branch in AURANGABAD, MAHARASHTRA. The branch's IFSC code BMCB0000031 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, BMCB0000031 is the IFSC of Bombay Mercantile Cooperative Bank Ltd's AURANGABAD CIDCO branch. The format is fixed: BMCB = bank code, 0 = reserved, 000031 = branch identifier.
Bank profile
Bombay Mercantile Cooperative Bank Ltd is among the recognised banks listed on the Reserve Bank of India's payments network. The Aurangabad Cidco branch — IFSC BMCB0000031 — extends the bank's services to customers in and around Aurangabad, Maharashtra.
Branch details at a glance
| Bank Name | Bombay Mercantile Cooperative Bank Ltd |
|---|---|
| Branch | Aurangabad Cidco |
| IFSC Code | BMCB0000031 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TAJ COMPLEX, SHOP NO. 3 & 4, GROUND FLOOR, PLOT NO. 10,CIDCO TOWN CENTRE CANNAUGHT, AURANGABAD |
| City | Aurangabad |
| State | Maharashtra |
| Phone | 2485250 |
About the Aurangabad Cidco branch
The Aurangabad Cidco branch of Bombay Mercantile Cooperative Bank Ltd is situated at TAJ COMPLEX, SHOP NO. 3 & 4, GROUND FLOOR, PLOT NO. 10,CIDCO TOWN CENTRE CANNAUGHT, AURANGABAD. 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 BMCB0000031 is used.
Why every Bombay Mercantile Cooperative Bank Ltd 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 AURANGABAD CIDCO of Bombay Mercantile Cooperative Bank Ltd — its own 11-character IFSC. The code BMCB0000031 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 BMCB0000031 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Aurangabad Cidco branch is mapped to IFSC BMCB0000031 on the RBI payments network. The branch generally supports the full retail product catalogue of Bombay Mercantile Cooperative Bank Ltd, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BMCB0000031.
Banking services available
The Aurangabad Cidco branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2485250.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC BMCB0000031
How to transfer money using IFSC BMCB0000031
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 BMCB0000031 across all three.
NEFT to Bombay Mercantile Cooperative Bank Ltd, AURANGABAD CIDCO using IFSC BMCB0000031
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 BMCB0000031, and confirm that the system picks up Bombay Mercantile Cooperative Bank Ltd – AURANGABAD CIDCO. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BMCB0000031
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 Bombay Mercantile Cooperative Bank Ltd – AURANGABAD CIDCO, ensure your bank's portal accepts IFSC BMCB0000031 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bombay Mercantile Cooperative Bank Ltd AURANGABAD CIDCO (IFSC BMCB0000031)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BMCB0000031 in your mobile or internet banking app, and the money is credited to the AURANGABAD CIDCO branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Aurangabad Cidco
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 BMCB0000031:
- 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 AURANGABAD CIDCO is still linked to IFSC BMCB0000031.
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 BMCB0000031
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 Bombay Mercantile Cooperative Bank Ltd – AURANGABAD CIDCO is still mapped to IFSC BMCB0000031. 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 BMCB0000031 and the beneficiary's account number to complete the transfer.
Online banking and IFSC BMCB0000031
Bombay Mercantile Cooperative Bank Ltd customers can register for net banking and the bank's official mobile app once their account at the AURANGABAD CIDCO 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 BMCB0000031 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.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bombay Mercantile Cooperative Bank Ltd carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BMCB0000031 and the account number together uniquely identify the Aurangabad Cidco branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC BMCB0000031
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 Bombay Mercantile Cooperative Bank Ltd – AURANGABAD CIDCO, 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:
BMCB0000031. - 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.
How to reach the Aurangabad Cidco branch
The branch is located at TAJ COMPLEX, SHOP NO. 3 & 4, GROUND FLOOR, PLOT NO. 10,CIDCO TOWN CENTRE CANNAUGHT, AURANGABAD, which puts it inside Aurangabad, the broader district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bombay Mercantile Cooperative Bank Ltd Aurangabad Cidco branch” — the verified location pin for IFSC BMCB0000031 should appear at the top of the results.
- Confirm the branch is open by calling 2485250 before stepping out, especially around public holidays.
- 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 BMCB0000031 and your account number.
Verifying IFSC BMCB0000031 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 BMCB0000031 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2485250.
- Visiting the bank's official branch locator page.
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 Aurangabad Cidco branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BMCB0000031, however, work 24x7.
Branch address & contact
Bombay Mercantile Cooperative Bank LtdAurangabad Cidco Branch
TAJ COMPLEX, SHOP NO. 3 & 4, GROUND FLOOR, PLOT NO. 10,CIDCO TOWN CENTRE CANNAUGHT, AURANGABAD
Aurangabad, Maharashtra
Phone: 2485250
IFSC: BMCB0000031
Frequently asked questions
What is the IFSC code of Bombay Mercantile Cooperative Bank Ltd Aurangabad Cidco branch?
The IFSC code of Bombay Mercantile Cooperative Bank Ltd, Aurangabad Cidco branch is BMCB0000031. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Bombay Mercantile Cooperative Bank Ltd Aurangabad Cidco branch located?
Bombay Mercantile Cooperative Bank Ltd's Aurangabad Cidco branch is located at TAJ COMPLEX, SHOP NO. 3 & 4, GROUND FLOOR, PLOT NO. 10,CIDCO TOWN CENTRE CANNAUGHT, AURANGABAD, Aurangabad, Maharashtra.
How do I add Bombay Mercantile Cooperative Bank Ltd Aurangabad Cidco as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BMCB0000031, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC BMCB0000031 valid for NEFT and RTGS?
Yes. IFSC BMCB0000031 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC BMCB0000031 the same for all accounts at Aurangabad Cidco branch?
Yes. The IFSC BMCB0000031 is shared by every account held at Bombay Mercantile Cooperative Bank Ltd's Aurangabad Cidco branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Aurangabad Cidco branch but serve different purposes.
Can I use IFSC BMCB0000031 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BMCB0000031 to send funds instantly.
What is the phone number of Bombay Mercantile Cooperative Bank Ltd Aurangabad Cidco branch?
You can reach the branch at 2485250 during regular banking hours.
Summary
The IFSC code BMCB0000031 belongs to Bombay Mercantile Cooperative Bank Ltd's AURANGABAD CIDCO branch, located at TAJ COMPLEX, SHOP NO. 3 & 4, GROUND FLOOR, PLOT NO. 10,CIDCO TOWN CENTRE… in AURANGABAD, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
