IFSC Code AMDN0000114:

Overview of AMDN0000114

The IFSC code AMDN0000114 is associated with the Ahmedangar SONAI Branch of Ahmednagar Merchants Co-operative Bank. Located in the bustling city of Ahmedangar, MAHARASHTRA, this branch is one of the many Ahmednagar Merchants Co-operative Bank branches that cater to the banking needs of the local residents. The code "AMDN" in AMDN0000114 represents Ahmednagar Merchants Co-operative Bank Bank, while 0000114 signifies the unique branch code for SONAI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like AMDN0000114, for the SONAI Branch, cannot be overstated. It acts as an address that identifies both the Ahmednagar Merchants Co-operative Bank and its specific branch in Ahmedangar. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into AMDN0000114

The IFSC code AMDN0000114 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Ahmednagar Merchants Co-operative Bank in Ahmedangar. Let's break down the details:

• IFSC Code (AMDN0000114): This unique code is essential for electronic fund transfers. The first four characters "AMDN" represent the bank's name, Ahmednagar Merchants Co-operative Bank. The last six characters "0000114" are a unique identifier for the SONAI branch.
• Bank Name (Ahmednagar Merchants Co-operative Bank): One of [country]'s leading banks, Ahmednagar Merchants Co-operative Bank offers a wide range of banking products and financial services to its vast customer base.
• Address (CTS No.1297,Main Road,Sonai,Tal Newasa,Dist. Ahmednagar-414105): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
• City & State (Ahmedangar, MAHARASHTRA): The branch is situated in the heart of Ahmedangar, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
• Branch (SONAI): The [AREA_NAME] area in Ahmedangar is a hub of activity, and the Ahmednagar Merchants Co-operative Bank branch here caters to both individual and business banking needs.
• Phone Number (+912427230000): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.