Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Ahmedabad Mercantile Cooperative Bank for its Boriwali branch in Mumbai, Mumbai, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Ahmedabad Mercantile Cooperative Bank located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code AMCB0660031. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Ahmedabad Mercantile Cooperative Bank, Boriwali, Mumbai
The table below shows the main details of the IFSC Code AMCB0660031 for the Ahmedabad Mercantile Cooperative Bank branch in Mumbai, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Ahmedabad Mercantile Cooperative Bank |
| IFSC Code | AMCB0660031 |
| Branch | Boriwali |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No.10 To 12,17 To 20,Ground Floor And Basement,Shraddha Shopping Arcade,Opp Indraprasth Shopping Centre,Swami Vivekanand Road,Boriwali West,Mumbai -400092 |
These details help users in online banking and for businesses and individuals who use Ahmedabad Mercantile Cooperative Bank in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AMCB0660031 for the Boriwali branch of Ahmedabad Mercantile Cooperative Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Ahmedabad Mercantile Cooperative Bank located in Boriwali, Mumbai, Maharashtra, are given a unique IFSC like AMCB0660031 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mumbai and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Ahmedabad Mercantile Cooperative Bank in Boriwali goes to the correct branch. This is important because Ahmedabad Mercantile Cooperative Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code AMCB0660031
The format of the IFSC Code for banks, including Ahmedabad Mercantile Cooperative Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Ahmedabad Mercantile Cooperative Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Boriwali in Mumbai.
For example, the IFSC Code AMCB0660031 of Ahmedabad Mercantile Cooperative Bank for the Boriwali branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Ahmedabad Mercantile Cooperative Bank?
If you are trying to find the IFSC Code AMCB0660031 of Ahmedabad Mercantile Cooperative Bank for its Boriwali branch located in Mumbai, the following methods can help:
Cheque Book
The cheque books that are issued by Ahmedabad Mercantile Cooperative Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Ahmedabad Mercantile Cooperative Bank branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Ahmedabad Mercantile Cooperative Bank and find the branch locator section. Search for Boriwali or Mumbai to get the exact IFSC Code AMCB0660031.
Mobile Banking App
If you use Ahmedabad Mercantile Cooperative Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Ahmedabad Mercantile Cooperative Bank and Mumbai that will provide accurate information.
How to Use IFSC Code AMCB0660031 for Online Transfers?
Once you have the IFSC Code AMCB0660031 for the Boriwali branch of Ahmedabad Mercantile Cooperative Bank in Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code AMCB0660031. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Ahmedabad Mercantile Cooperative Bank IFSC Code AMCB0660031.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Ahmedabad Mercantile Cooperative Bank Boriwali in Mumbai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Ahmedabad Mercantile Cooperative Bank in Boriwali, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Ahmedabad Mercantile Cooperative Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is AMCB0660031.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.10 To 12,17 To 20,Ground Floor And Basement,Shraddha Shopping Arcade,Opp Indraprasth Shopping Centre,Swami Vivekanand Road,Boriwali West,Mumbai -400092 located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.