IDBI IFSC Code
Nanded Merchants Co-operative Bank Nanded IMPS Branch, NANDED, NANDED, Maharashtra
The official Indian Financial System Code (IFSC) for IDBI, Nanded Merchants Co-operative Bank Nanded IMPS branch in NANDED, Maharashtra is IBKL0500NMC. The MICR code for cheque clearance is 431883000.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDBI
- Branch Name
- Nanded Merchants Co-operative Bank Nanded IMPS
- MICR Code
- City / District
- NANDED (NANDED)
- State
- Maharashtra
- Postal Pincode
- 431604
THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604, Pincode: 431604
How to Read IFSC Code: IBKL0500NMC
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify IDBI.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: IDBI (IBKL0500NMC)
What is the IFSC Code for IDBI Nanded Merchants Co-operative Bank Nanded IMPS branch?
The IFSC Code for IDBI Nanded Merchants Co-operative Bank Nanded IMPS branch in NANDED, Maharashtra is IBKL0500NMC. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDBI Nanded Merchants Co-operative Bank Nanded IMPS branch?
The branch is located at: THE NANDED MERCHANT CO OP BANK LTD,HEAD OFFICE,MAHATMA GANDHI ROAD,NANDED 431604, Pincode: 431604, NANDED, Maharashtra.
What is the MICR Code for IDBI Nanded Merchants Co-operative Bank Nanded IMPS?
The MICR Code for electronic cheque clearing at IDBI Nanded Merchants Co-operative Bank Nanded IMPS is 431883000.
How can I contact IDBI Nanded Merchants Co-operative Bank Nanded IMPS branch?
You can contact the branch at: Phone: +912462283434. For official national customer care, refer to IDBI's official banking channels.
How to decipher the IFSC code IBKL0500NMC?
The first 4 characters 'IBKL' represent IDBI. The 5th character is '0' reserved for future use. The last 6 characters '500NMC' represent the specific Nanded Merchants Co-operative Bank Nanded IMPS branch code.
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