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Bombay Mercantile Co-operative Bank · Banas Kantha

BMCB0000040: Bombay Mercantile Co-operative Bank, Palanpur

IFSC code BMCB0000040 belongs to the Palanpur branch of Bombay Mercantile Co-operative Bank in Banas Kantha, Gujarat. Its MICR code is 385069001.

IFSC
BMCB0000040
MICR
385069001
Bank
Bombay Mercantile Co-operative Bank
Branch
Palanpur
District
Banas Kantha
State
Gujarat
Phone
+912742254622

Branch address

Bombay Mercantile Co-operative Bank
Vardhaman Shopping Centre, 1st Floor, Gatta Naman Gate, Palanpur

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

BMCB is Bombay Mercantile Co-operative Bank's bank code, the fifth character 0 is kept for future use, and 000040 is the code of the Palanpur branch. In the MICR code 385069001, 385 is the city, 069 the bank and 001 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Bombay Mercantile Co-operative Bank's Palanpur branch (Banas Kantha, Gujarat) is BMCB0000040.

  2. 385069001. MICR is printed at the bottom of the branch's cheques.

  3. Vardhaman Shopping Centre, 1st Floor, Gatta Naman Gate, Palanpur

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC BMCB0000040 with the beneficiary's account number.

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