IFSC Code Details

Idbi Bank The Nanded Merchant Co Op Bank Ltd IFSC Code IBKL0500NMC

Branch
THE NANDED MERCHANT CO OP BANK LTD
NEFT RTGS IMPS
IFSC CODE
IBKL0500NMC

IDBI BANK - THE NANDED MERCHANT CO OP BANK LTD Details

Bank Name IDBI BANK
IFSC Code IBKL0500NMC Use for NEFT, RTGS, IMPS
MICR Code 431883000
Branch Name THE NANDED MERCHANT CO OP BANK LTD
Address THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604
City NANDED
District NANDED
State MAHARASHTRA
Contact Number 283434

About IDBI BANK in NANDED

Looking for the IFSC Code of IDBI BANK, THE NANDED MERCHANT CO OP BANK LTD branch? The code is IBKL0500NMC.

This branch is situated at THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604 in NANDED district of MAHARASHTRA.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to IDBI BANK THE NANDED MERCHANT CO OP BANK LTD branch, you need to provide the beneficiary's account number and this IFSC code (IBKL0500NMC) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code IBKL0500NMC can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

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