Below are the complete branch details for The Nasik Merchants Cooperative Bank Limited, branch, located in , MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is NMCB0000015. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case NMCB0000015 for The Nasik Merchants Cooperative Bank Limited – — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, NMCB0000015 is the IFSC of The Nasik Merchants Cooperative Bank Limited's branch. The format is fixed: NMCB = bank code, 0 = reserved, 000015 = branch identifier.
Branch details at a glance
| Bank Name | The Nasik Merchants Cooperative Bank Limited |
|---|---|
| IFSC Code | NMCB0000015 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AGRASEN BHAVAN VISHWASTA TRUST, NEAR SUNDAR NARAYAN MANDIR, NASHIK 422001 |
| State | Maharashtra |
| Phone | 2308231 |
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 NMCB0000015 — extends the bank's services to customers in and around , Maharashtra.
About the branch
The branch of The Nasik Merchants Cooperative Bank Limited is situated at AGRASEN BHAVAN VISHWASTA TRUST, NEAR SUNDAR NARAYAN MANDIR, NASHIK 422001. 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 NMCB0000015 is used.
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 NMCB0000015.
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 NMCB0000015, money simply cannot be routed to the branch electronically.
How to transfer money using IFSC NMCB0000015
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 NMCB0000015 across all three.
NEFT to The Nasik Merchants Cooperative Bank Limited, using IFSC NMCB0000015
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 NMCB0000015, and confirm that the system picks up The Nasik Merchants Cooperative Bank Limited – . Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC NMCB0000015
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 The Nasik Merchants Cooperative Bank Limited – , ensure your bank's portal accepts IFSC NMCB0000015 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Nasik Merchants Cooperative Bank Limited (IFSC NMCB0000015)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NMCB0000015 in your mobile or internet banking app, and the money is credited to the branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC NMCB0000015 for The Nasik Merchants Cooperative Bank Limited – , but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – NMCB0000015 | Yes – NMCB0000015 | Yes – NMCB0000015 |
For most retail customers crediting the branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC NMCB0000015
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 NMCB0000015. 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 NMCB0000015 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the branch is mapped to IFSC NMCB0000015 on the RBI payments network. The branch generally supports the full retail product catalogue of The Nasik Merchants Cooperative Bank Limited, 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 NMCB0000015.
Products and services
Customers walking into the branch can access most of The Nasik 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 NMCB0000015
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by The Nasik Merchants Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC NMCB0000015 and the account number together uniquely identify the branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC NMCB0000015
The Nasik Merchants Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the 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 NMCB0000015 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.
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 The Nasik Merchants Cooperative Bank Limited – :
- The IFSC is exactly NMCB0000015 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills The Nasik Merchants Cooperative Bank Limited as the bank name and 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.
Reaching the branch
The branch sits at AGRASEN BHAVAN VISHWASTA TRUST, NEAR SUNDAR NARAYAN MANDIR, NASHIK 422001. If you are travelling from outside , search for the branch on a maps application using the bank name and locality, or call 2308231 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 NMCB0000015 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC NMCB0000015 for The Nasik Merchants Cooperative Bank Limited – , 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 branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC NMCB0000015, however, work 24x7.
Branch address & contact
The Nasik Merchants Cooperative Bank LimitedBranch
AGRASEN BHAVAN VISHWASTA TRUST, NEAR SUNDAR NARAYAN MANDIR, NASHIK 422001
, Maharashtra
Phone: 2308231
IFSC: NMCB0000015
Frequently asked questions
Does The Nasik Merchants Cooperative Bank Limited branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2308231 to confirm.
What is the phone number of The Nasik Merchants Cooperative Bank Limited branch?
You can reach the branch at 2308231 during regular banking hours.
How quickly will an NEFT transfer using NMCB0000015 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Nasik Merchants Cooperative Bank Limited – reflect within 30 minutes.
Where is The Nasik Merchants Cooperative Bank Limited branch located?
The Nasik Merchants Cooperative Bank Limited's branch is located at AGRASEN BHAVAN VISHWASTA TRUST, NEAR SUNDAR NARAYAN MANDIR, NASHIK 422001, , Maharashtra.
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 NMCB0000015, 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.
Can I use IFSC NMCB0000015 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC NMCB0000015 to send funds instantly.
Final notes
To recap: NMCB0000015 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.
