IFSC Code of ICICI Bank Limited, Banaras Mercantile Co-Operative Bank Ltd Branch, Uttar Pradesh

Use this page as a one-stop reference for everything related to ICICI Bank Limited's BANARAS MERCANTILE CO-OPERATIVE BANK LTD branch in VARANASI, UTTAR PRADESH. The branch's IFSC code ICIC00BMCBL 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for ICICI Bank Limited – BANARAS MERCANTILE CO-OPERATIVE BANK LTD is ICIC00BMCBL. The first four letters ICIC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 0BMCBL map to this branch in VARANASI, UTTAR PRADESH.

About the bank

ICICI Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Banaras Mercantile Co-Operative Bank Ltd branch in Varanasi, Uttar Pradesh is part of this network and uses the IFSC code ICIC00BMCBL for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at KASHI VIDYAPITH RD,C32/22 33,RAM SINGH RANA NAGAR,VARANASI 221002. It serves the Varanasi region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of ICICI Bank Limited. The IFSC ICIC00BMCBL is used to identify this branch on the RBI payments network.

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 ICICI Bank Limited's BANARAS MERCANTILE CO-OPERATIVE BANK LTD branch came to be assigned the code ICIC00BMCBL.

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 ICIC00BMCBL, money simply cannot be routed to the BANARAS MERCANTILE CO-OPERATIVE BANK LTD branch electronically.

Account types you can open at the Banaras Mercantile Co-Operative Bank Ltd branch

Once you have an account at ICICI Bank Limited – BANARAS MERCANTILE CO-OPERATIVE BANK LTD, the IFSC ICIC00BMCBL 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.

Banking services available

The Banaras Mercantile Co-Operative Bank Ltd branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 9415201125.

• 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 ICIC00BMCBL

How to transfer money using IFSC ICIC00BMCBL

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 ICIC00BMCBL across all three.

NEFT to ICICI Bank Limited, BANARAS MERCANTILE CO-OPERATIVE BANK LTD using IFSC ICIC00BMCBL

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 ICIC00BMCBL, and confirm that the system picks up ICICI Bank Limited – BANARAS MERCANTILE CO-OPERATIVE BANK LTD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to BANARAS MERCANTILE CO-OPERATIVE BANK LTD

If you need to transfer ₹2 lakh or more in one go to an account at ICICI Bank Limited's BANARAS MERCANTILE CO-OPERATIVE BANK LTD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ICIC00BMCBL while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to ICICI Bank Limited – BANARAS MERCANTILE CO-OPERATIVE BANK LTD, use IMPS. With IFSC ICIC00BMCBL and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Banaras Mercantile Co-Operative Bank Ltd

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 ICIC00BMCBL:

• 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 BANARAS MERCANTILE CO-OPERATIVE BANK LTD is still linked to IFSC ICIC00BMCBL.

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 ICICI Bank Limited's BANARAS MERCANTILE CO-OPERATIVE BANK LTD branch, the IFSC ICIC00BMCBL 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.

Digital banking channels

Most day-to-day work that customers used to do at the Banaras Mercantile Co-Operative Bank Ltd 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 ICIC00BMCBL 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.

MICR & cheque-truncation details

Cheques drawn on the Banaras Mercantile Co-Operative Bank Ltd branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ICIC00BMCBL for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC ICIC00BMCBL

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 ICICI Bank Limited – BANARAS MERCANTILE CO-OPERATIVE BANK LTD, 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: ICIC00BMCBL.
• 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.

Reaching the branch

The Banaras Mercantile Co-Operative Bank Ltd branch sits at KASHI VIDYAPITH RD,C32/22 33,RAM SINGH RANA NAGAR,VARANASI 221002. If you are travelling from outside Varanasi, search for the branch on a maps application using the bank name and locality, or call 9415201125 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 ICIC00BMCBL and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ICIC00BMCBL for ICICI Bank Limited – BANARAS MERCANTILE CO-OPERATIVE BANK LTD, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

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 Banaras Mercantile Co-Operative Bank Ltd branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ICIC00BMCBL, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: ICIC00BMCBL is the IFSC code of ICICI Bank Limited, BANARAS MERCANTILE CO-OPERATIVE BANK LTD branch, in VARANASI, UTTAR PRADESH. 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.