Indian Financial System Code, popularly known as IFSC code, is an 11-digit alphanumeric code that helps identify the individual bank branches. IFSC code is used to transfer funds online for NEFT, IMPS, and RTGS transactions. First four digit characters represent the bank, followed by a zero (0), and the last 6 characters, usually number, represent the bank branch.
Customer can find IFSC code on their bank’s cheque leaves, passbooks, bank statement and other banking documents.
Unique branch identification: Through an IFSC code, the particular branches of source and destination banks can be identified.
Useful for electronic transfer: It is used for online fund transfer like NEFT, RTGS & IMPS, and helps eliminate errors.
This helps customers search for IFSC code of any branch of any bank across the country.
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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