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 NMCB0000043. 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 NMCB0000043 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, NMCB0000043 is the IFSC of The Nasik Merchants Cooperative Bank Limited's branch. The format is fixed: NMCB = bank code, 0 = reserved, 000043 = branch identifier.
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 NMCB0000043 — 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 10&11, 2ND FLOOR, MAHATMA PHULE AND DR AMBEDAKAR SHOPPING CENTER, A/P RAHATA, DIST.-AHMADNAGAR 423107. 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 NMCB0000043 is used.
Branch details at a glance
| Bank Name | The Nasik Merchants Cooperative Bank Limited |
|---|---|
| IFSC Code | NMCB0000043 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 10&11, 2ND FLOOR, MAHATMA PHULE AND DR AMBEDAKAR SHOPPING CENTER, A/P RAHATA, DIST.-AHMADNAGAR 423107 |
| State | Maharashtra |
| Phone | 243656 |
Why every The Nasik 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 of The Nasik Merchants Cooperative Bank Limited — its own 11-character IFSC. The code NMCB0000043 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 NMCB0000043 the same way you would treat your account number — verify it once and save it carefully for future use.
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 NMCB0000043 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.
How to transfer money using IFSC NMCB0000043
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 NMCB0000043 across all three.
How to use IFSC NMCB0000043 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 NMCB0000043.
- 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.
RTGS transfers via IFSC NMCB0000043
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 NMCB0000043 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Nasik Merchants Cooperative Bank Limited (IFSC NMCB0000043)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC NMCB0000043 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 NMCB0000043:
- 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 NMCB0000043.
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 NMCB0000043
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 NMCB0000043. 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 NMCB0000043 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 NMCB0000043 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 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 NMCB0000043
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 NMCB0000043 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.
How to reach the branch
The branch is located at 10&11, 2ND FLOOR, MAHATMA PHULE AND DR AMBEDAKAR SHOPPING CENTER, A/P RAHATA, DIST.-AHMADNAGAR 423107, 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 NMCB0000043 should appear at the top of the results.
- Confirm the branch is open by calling 243656 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 NMCB0000043 and your account number.
Common mistakes to avoid when using IFSC NMCB0000043
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:
NMCB0000043. - 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.
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 NMCB0000043, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC NMCB0000043 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 address & contact
The Nasik Merchants Cooperative Bank LimitedBranch
10&11, 2ND FLOOR, MAHATMA PHULE AND DR AMBEDAKAR SHOPPING CENTER, A/P RAHATA, DIST.-AHMADNAGAR 423107
, Maharashtra
Phone: 243656
IFSC: NMCB0000043
Frequently asked questions
What is the phone number of The Nasik Merchants Cooperative Bank Limited branch?
You can reach the branch at 243656 during regular banking hours.
Is IFSC NMCB0000043 valid for NEFT and RTGS?
Yes. IFSC NMCB0000043 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC NMCB0000043 the same for all accounts at branch?
Yes. The IFSC NMCB0000043 is shared by every account held at The Nasik Merchants Cooperative Bank Limited's branch. Only the account number changes from customer to customer.
Can I use IFSC NMCB0000043 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC NMCB0000043 to send funds instantly.
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 243656 to confirm.
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 NMCB0000043, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of The Nasik Merchants Cooperative Bank Limited branch?
The IFSC code of The Nasik Merchants Cooperative Bank Limited, branch is NMCB0000043. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is The Nasik Merchants Cooperative Bank Limited branch located?
The Nasik Merchants Cooperative Bank Limited's branch is located at 10&11, 2ND FLOOR, MAHATMA PHULE AND DR AMBEDAKAR SHOPPING CENTER, A/P RAHATA, DIST.-AHMADNAGAR 423107, , Maharashtra.
Summary
The IFSC code NMCB0000043 belongs to The Nasik Merchants Cooperative Bank Limited's branch, located at 10&11, 2ND FLOOR, MAHATMA PHULE AND DR AMBEDAKAR SHOPPING CENTER, A/P RAHATA,… in , 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.
