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The Nasik Merchants Co-operative Bank Ltd. operates as a multistate scheduled cooperative bank. The bank was established on June 99 on an auspicious day of Nagpanchami. It was granted Scheduled Bank Status on April 99 and certified as a Multistate Scheduled Bank on October 000 by the Reserve Bank of India. The bank has implemented core banking facility in its all branches and is the first bank of north Maharashtra, having its own Data Centre with core banking solution.
The Nasik Merchant operates a network of 8 branches in Maharashtra, Gujrat, and Andhrapradesh. The bank offers a wide array of banking products and services to its customers. Its deposit scheme includes savings account, current account, term deposit accounts, and NRI/ NRE accounts. The bank also provides value added services such as Franking, Pan Card, ECS, CTS Facility, Aadhar Card linking, NEFT, RTGS, Facility, SMS Facility, Lockers Facility; and x7 banking, with large ATM network.
Savings account Current account Term deposit accounts NRI/ NRE accounts
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IFSC code is used for hassle-free and convenient online or electronic fund transfer from one bank account to another via NEFT, RTGS and NEFT.
Helps uniquely identify a specific bank and its branch, helping customers to transfer funds to the right bank account.
IFSC Code enables customers to execute an online transfer of funds securely, hence eliminating the chances of any fraudulent activity in the fund transfer process.