IDBI Bank THE NANDED MERCHANT CO OP BANK LTD IFSC Code, MICR Code, Contact No. - Nanded, Maharashtra

IDBI Bank THE NANDED MERCHANT CO OP BANK LTD Branch IFSC Code, MICR Code (Nanded, Maharashtra). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of IDBI Bank THE NANDED MERCHANT CO OP BANK LTD - Nanded, Maharashtra

IFSC Code:IBKL0500NMC
MICR Code:431883000
Branch Code:500NMC (Last six characters of IFSC Code represent Branch code)
Address:THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604
Branch:THE NANDED MERCHANT CO OP BANK LTD
City:NANDED
District:Nanded
State:Maharashtra
Contact No.:2462-283434

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IDBI Bank IFSC Code is IBKL0500NMC, MICR Code is 431883000, Branch Code is 500NMC which is last six characters of IFSC Code, Branch name is THE NANDED MERCHANT CO OP BANK LTD located in THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604, NANDED, Nanded, Maharashtra, Contact no. is 2462-283434. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Nanded, Maharashtra

Select branch to view IFSC Code, MICR Code, Contact No. and Address

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.