Nasik Merchants Co-operative Bank IFSC Code NMCB0000040

Nasik Merchants Co-operative Bank – CHANDVAD

IFSC Code: NMCB0000040

MICR Code: 423369506

Branch: CHANDVAD

Bank: Nasik Merchants Co-operative Bank

Address: DUNGERWAL SANKUL, SOMWAR PETH, A/P.TAL.-CHANDWAD, DIST.-NASHIK 423101

District: NASIK

State: MAHARASHTRA

Contact: +912556253218

Indian Financial System Code (IFSC): NMCB0000040

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000040. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 423369506

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.