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AHMEDNAGAR MERCHANTS COOP BANK LTD IFSC Codes

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Official Profile of AHMEDNAGAR MERCHANTS COOP BANK LTD

The Ahmednagar Merchants' Co-operative Bank Ltd. (AMC Bank) was established relatively late in the history of Indian cooperative banking, beginning its operations as a traditional banking institution on October 30, 1972. It is headquartered in Ahmednagar, Maharashtra, and its core mission, typical of a cooperative bank, is to serve the local community and provide financial services to its members. The bank's longevity, tracing its roots back over five decades, establishes it as a respected and credible institution within the regional financial landscape.

As its full name suggests, the bank operates as a Co-operative Bank Ltd., a structure distinct from both wholly public-sector banks and private commercial banks. This status places it within the framework of Urban Co-operative Banks (UCBs) in the Indian financial system, primarily regulated by the Reserve Bank of India and registered with the Deposit Insurance and Credit Guarantee Corporation (DICGC). The AMC Bank is a significant player in the cooperative banking sector within its district, having been recognized for its performance, including receiving the "Best Bank Award" for three consecutive years. The bank has maintained its traditional values while successfully adopting modern, digital banking solutions to empower individuals and businesses within its operational area.

(Source: Generated summary based on public domain financial data.)

AHMEDNAGAR MERCHANTS COOP BANK LTD IFSC Prefix and Branch Directory

IFSC Prefix: AMDN

All codes for AHMEDNAGAR MERCHANTS COOP BANK LTD branches begin with the four unique characters AMDN. Please use the State directory above to proceed with your transaction details.

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