Use this page as a one-stop reference for everything related to The Nasik Merchants Cooperative Bank Limited's branch in , MAHARASHTRA. The branch's IFSC code NMCB0000009 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, NMCB0000009 is the IFSC of The Nasik Merchants Cooperative Bank Limited's branch. The format is fixed: NMCB = bank code, 0 = reserved, 000009 = branch identifier.
Branch details at a glance
| Bank Name | The Nasik Merchants Cooperative Bank Limited |
|---|---|
| IFSC Code | NMCB0000009 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 19 & 20., SHOPPING CENTRE, GANDHINAGAR, NASHIK 422006 |
| State | Maharashtra |
| Phone | 2414311 |
Bank profile
The Nasik Merchants Cooperative Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The branch — IFSC NMCB0000009 — extends the bank's services to customers in and around , Maharashtra.
About this branch
The branch is located at 19 & 20., SHOPPING CENTRE, GANDHINAGAR, NASHIK 422006. It serves the region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Nasik Merchants Cooperative Bank Limited. The IFSC NMCB0000009 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 The Nasik Merchants Cooperative Bank Limited's branch came to be assigned the code NMCB0000009.
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 NMCB0000009, money simply cannot be routed to the branch electronically.
How to transfer money using IFSC NMCB0000009
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 NMCB0000009 across all three.
How to use IFSC NMCB0000009 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Nasik Merchants Cooperative Bank Limited's 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC NMCB0000009.
- Confirm the bank name auto-populates as The Nasik Merchants Cooperative Bank Limited and the branch as .
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to
If you need to transfer ₹2 lakh or more in one go to an account at The Nasik Merchants Cooperative Bank Limited's branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC NMCB0000009 while initiating the transfer and the credit will appear within minutes.
IMPS to The Nasik Merchants Cooperative Bank Limited (IFSC NMCB0000009)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NMCB0000009 in your mobile or internet banking app, and the money is credited to the branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to
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 NMCB0000009:
- 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 is still linked to IFSC NMCB0000009.
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 NMCB0000009
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 The Nasik Merchants Cooperative Bank Limited – is still mapped to IFSC NMCB0000009. 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 NMCB0000009 and the beneficiary's account number to complete the transfer.
Account types you can open at the branch
Once you have an account at The Nasik Merchants Cooperative Bank Limited – , the IFSC NMCB0000009 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 branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2414311.
- 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 NMCB0000009
MICR & cheque-truncation details
Cheques drawn on the branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC NMCB0000009 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the 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 NMCB0000009 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.
Common mistakes to avoid when using IFSC NMCB0000009
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 The Nasik Merchants Cooperative Bank Limited – , 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:
NMCB0000009. - 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 branch
The branch is located at 19 & 20., SHOPPING CENTRE, GANDHINAGAR, NASHIK 422006, which puts it inside , the broader district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “The Nasik Merchants Cooperative Bank Limited branch” — the verified location pin for IFSC NMCB0000009 should appear at the top of the results.
- Confirm the branch is open by calling 2414311 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 NMCB0000009 and your account number.
Verifying IFSC NMCB0000009 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 NMCB0000009 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2414311.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at 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 NMCB0000009 continue to work without interruption.
Branch address & contact
The Nasik Merchants Cooperative Bank LimitedBranch
19 & 20., SHOPPING CENTRE, GANDHINAGAR, NASHIK 422006
, Maharashtra
Phone: 2414311
IFSC: NMCB0000009
Frequently asked questions
Is IFSC NMCB0000009 the same for all accounts at branch?
Yes. The IFSC NMCB0000009 is shared by every account held at The Nasik Merchants Cooperative Bank Limited's branch. Only the account number changes from customer to customer.
Where is The Nasik Merchants Cooperative Bank Limited branch located?
The Nasik Merchants Cooperative Bank Limited's branch is located at 19 & 20., SHOPPING CENTRE, GANDHINAGAR, NASHIK 422006, , Maharashtra.
Is IFSC NMCB0000009 valid for NEFT and RTGS?
Yes. IFSC NMCB0000009 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC NMCB0000009 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC NMCB0000009 to send funds instantly.
How do I add The Nasik Merchants Cooperative Bank Limited as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC NMCB0000009, and complete OTP verification. Once activated, you can transfer funds at any time.
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 branch but serve different purposes.
How quickly will an NEFT transfer using NMCB0000009 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Nasik Merchants Cooperative Bank Limited – reflect within 30 minutes.
What is the phone number of The Nasik Merchants Cooperative Bank Limited branch?
You can reach the branch at 2414311 during regular banking hours.
Final notes
To recap: NMCB0000009 is the IFSC code of The Nasik Merchants Cooperative Bank Limited, branch, in , 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.
