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 NMCB0000047. 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 NMCB0000047 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, NMCB0000047 is the IFSC of The Nasik Merchants Cooperative Bank Limited's branch. The format is fixed: NMCB = bank code, 0 = reserved, 000047 = branch identifier.
About the bank
The Nasik Merchants Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its branch in , Maharashtra is part of this network and uses the IFSC code NMCB0000047 for all electronic settlement.
About the branch
The branch of The Nasik Merchants Cooperative Bank Limited is situated at GAYATRI SOC., NEW NAGAR ROAD, A/P. TAL- SANGAMNER , DIST.-AHMADNAGAR 422605. 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 NMCB0000047 is used.
Branch details at a glance
| Bank Name | The Nasik Merchants Cooperative Bank Limited |
|---|---|
| IFSC Code | NMCB0000047 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GAYATRI SOC., NEW NAGAR ROAD, A/P. TAL- SANGAMNER , DIST.-AHMADNAGAR 422605 |
| State | Maharashtra |
| Phone | 222191 |
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 NMCB0000047 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 NMCB0000047 the same way you would treat your account number — verify it once and save it carefully for future use.
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 NMCB0000047 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC NMCB0000047
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 NMCB0000047 across all three.
NEFT to The Nasik Merchants Cooperative Bank Limited, using IFSC NMCB0000047
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 NMCB0000047, 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 NMCB0000047
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 NMCB0000047 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to The Nasik Merchants Cooperative Bank Limited – , use IMPS. With IFSC NMCB0000047 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
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 NMCB0000047:
- 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 NMCB0000047.
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 NMCB0000047
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 NMCB0000047. 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 NMCB0000047 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 NMCB0000047 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 222191.
- 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 NMCB0000047
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 NMCB0000047 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.
Reaching the branch
The branch sits at GAYATRI SOC., NEW NAGAR ROAD, A/P. TAL- SANGAMNER , DIST.-AHMADNAGAR 422605. If you are travelling from outside , search for the branch on a maps application using the bank name and locality, or call 222191 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 NMCB0000047 and your account number.
Common mistakes to avoid when using IFSC NMCB0000047
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:
NMCB0000047. - 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.
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 NMCB0000047 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC NMCB0000047 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
GAYATRI SOC., NEW NAGAR ROAD, A/P. TAL- SANGAMNER , DIST.-AHMADNAGAR 422605
, Maharashtra
Phone: 222191
IFSC: NMCB0000047
Frequently asked questions
Where is The Nasik Merchants Cooperative Bank Limited branch located?
The Nasik Merchants Cooperative Bank Limited's branch is located at GAYATRI SOC., NEW NAGAR ROAD, A/P. TAL- SANGAMNER , DIST.-AHMADNAGAR 422605, , Maharashtra.
Is IFSC NMCB0000047 valid for NEFT and RTGS?
Yes. IFSC NMCB0000047 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC NMCB0000047 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC NMCB0000047 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 NMCB0000047, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of The Nasik Merchants Cooperative Bank Limited branch?
You can reach the branch at 222191 during regular banking hours.
Is IFSC NMCB0000047 the same for all accounts at branch?
Yes. The IFSC NMCB0000047 is shared by every account held at The Nasik Merchants Cooperative Bank Limited's branch. Only the account number changes from customer to customer.
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 NMCB0000047. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using NMCB0000047 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Nasik Merchants Cooperative Bank Limited – reflect within 30 minutes.
Summary
The IFSC code NMCB0000047 belongs to The Nasik Merchants Cooperative Bank Limited's branch, located at GAYATRI SOC., NEW NAGAR ROAD, A/P. TAL- SANGAMNER , DIST.-AHMADNAGAR 422605 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.
