IFSC Code AMDN0000108 - Ahmednagar Merchants Coop Bank Ltd Aurangabad
PLOT NO.30 FRIENDS COLONY KONKANWADI STATION ROAD AURANGABAD-431001
Quick Info
IFSC: AMDN0000108
Pincode: 431001
District: Aurangabad
Status: Active
About Ahmednagar Merchants Coop Bank Ltd Aurangabad
IFSC Code AMDN0000108 belongs to Ahmednagar Merchants Coop Bank Ltd Aurangabad branch located in Aurangabad, Aurangabad, Maharashtra. This branch serves customers in Aurangabad, Aurangabad, Maharashtra and surrounding areas.
Understanding IFSC Code AMDN0000108
The IFSC (Indian Financial System Code) AMDN0000108 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (AMDN): Bank code identifying Ahmednagar Merchants Coop Bank Ltd
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000108): Unique branch identifier for Aurangabad
Electronic Fund Transfer Services
IFSC Code AMDN0000108 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Ahmednagar Merchants Coop Bank Ltd Aurangabad branch is located at PLOT NO.30 FRIENDS COLONY KONKANWADI STATION ROAD AURANGABAD-431001 (Pincode: 431001) in Aurangabad, Aurangabad, Maharashtra. This location serves customers in Aurangabad, Aurangabad, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code AMDN0000108 to ensure the transaction is routed correctly.
How to Use IFSC Code AMDN0000108
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: AMDN0000108 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Ahmednagar Merchants Coop Bank Ltd Branches
If you're looking for other Ahmednagar Merchants Coop Bank Ltd branches in Aurangabad, Aurangabad, Maharashtra or nearby areas, use our Ahmednagar Merchants Coop Bank Ltd branch finder. You can search by city, district, or state to find all Ahmednagar Merchants Coop Bank Ltd branches with their respective IFSC codes.
Branch Details
| IFSC Code: | AMDN0000108 |
| Bank Name: | Ahmednagar Merchants Coop Bank Ltd |
| Branch Name: | Aurangabad |
| Address: | PLOT NO.30 FRIENDS COLONY KONKANWADI STATION ROAD AURANGABAD-431001 |
| City: | Aurangabad |
| District: | Aurangabad |
| State: | Maharashtra |
| Pincode: | 431001 |
Payment Services Available
Ahmednagar Merchants Coop Bank Ltd Aurangabad Branch IFSC Code AMDN0000108 — Complete Banking Guide for Aurangabad, Maharashtra
IFSC code AMDN0000108 belongs to the Aurangabad branch of Ahmednagar Merchants Coop Bank Ltd in Aurangabad, Aurangabad district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC AMDN0000108 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Ahmednagar Merchants Coop Bank Ltd, Aurangabad Branch
The Aurangabad branch of Ahmednagar Merchants Coop Bank Ltd in Aurangabad, Maharashtra serves retail and corporate customers in Aurangabad district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC AMDN0000108 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC AMDN0000108
Four primary digital payment rails use IFSC AMDN0000108 for transfers to Ahmednagar Merchants Coop Bank Ltd, Aurangabad: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC AMDN0000108 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Aurangabad branch of Ahmednagar Merchants Coop Bank Ltd in Aurangabad carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC AMDN0000108 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC AMDN0000108 Before Transferring
Before initiating any high-value transfer to IFSC AMDN0000108, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Ahmednagar Merchants Coop Bank Ltd's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Ahmednagar Merchants Coop Bank Ltd Aurangabad, Aurangabad IFSC
What is the IFSC of Ahmednagar Merchants Coop Bank Ltd Aurangabad in Aurangabad?
The IFSC of Ahmednagar Merchants Coop Bank Ltd, Aurangabad branch in Aurangabad, Maharashtra is AMDN0000108. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC AMDN0000108?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC AMDN0000108 to route funds to Ahmednagar Merchants Coop Bank Ltd, Aurangabad, Aurangabad.
Who assigns IFSC codes like AMDN0000108?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Ahmednagar Merchants Coop Bank Ltd applied for the IFSC for its Aurangabad branch in Aurangabad, and RBI issued AMDN0000108 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC AMDN0000108 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC AMDN0000108 at Ahmednagar Merchants Coop Bank Ltd, Aurangabad, Aurangabad. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC AMDN0000108.
About IFSC Code AMDN0000108
IFSC Code AMDN0000108 belongs to Ahmednagar Merchants Coop Bank Ltd branch Aurangabad located in Aurangabad, Aurangabad, Maharashtra.
Branch Information
- IFSC Code: AMDN0000108
- Bank: Ahmednagar Merchants Coop Bank Ltd
- Branch: Aurangabad
- Address: PLOT NO.30 FRIENDS COLONY KONKANWADI STATION ROAD AURANGABAD-431001
- City: Aurangabad
- District: Aurangabad
- State: Maharashtra
- Pincode: 431001
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available