AHMEDNAGAR MERCHANTS CO-OP BANK LTD IFSC CODE Quick Search

IFSC Code

MICR Code

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What is AHMEDNAGAR MERCHANTS CO-OP BANK LTD ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

AHMEDNAGAR MERCHANTS CO-OP BANK LTD ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

AHMEDNAGAR MERCHANTS CO-OP BANK LTD ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

AHMEDNAGAR MERCHANTS CO-OP BANK LTD ifsc code : AMDN0000001 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : AMDN for Bank : AHMEDNAGAR MERCHANTS CO-OP BANK LTD

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 000001 for Bank Branch RTGS-HO

Anatomy of a Cheque

AHMEDNAGAR MERCHANTS CO-OP BANK LTD ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for ahmednagar merchants co-op bank ltd

MICR code for ahmednagar merchants co-op bank ltd represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for ahmednagar merchants co-op bank ltd on Cheque:

MICR Code for ahmednagar merchants co-op bank ltd can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for ahmednagar merchants co-op bank ltd :

MICR Code for ahmednagar merchants co-op bank ltd is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for AHMEDNAGAR MERCHANTS CO-OP BANK LTD : is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : NA for City : AHMEDANGAR

Middle 3 digits reprents Bank Code: NA for Bank : AHMEDNAGAR MERCHANTS CO-OP BANK LTD

Last 3 digits represents Branch Code : NA for Bank Branch RTGS-HO

AHMEDNAGAR MERCHANTS CO-OP BANK LTD All State IFSC Code List