Poly(3-hexyl thiophene) (P3HT) organically modified montmorillonite (om-MMT) polymer nanocomposites (PNCs) are prepared in the melt-cooled state. Hierarchical structures up to third order, namely, side chain mesomorph formation followed by the interchain lamellar structure of P3HT and finally its intercalation within the clay tactoids are observed. The structures are supported by transmission electron microscopy (TEM) and wide-angle X-ray scattering (WAXS) experiments. The TGA curves show two-stage degradation corresponding to those of the side chain and main chain of P3HT, and both temperatures decrease with an increase in clay concentration in the PNCs. The melting points of PNCs have increased by 2-3 degrees C higher than that of P3HT. The glass-transition temperature (T-g) and beta-transition temperature (T-beta), measured by DMA, increase with an increase in clay concentration. The storage modulus (G) of PNCs has also increased more dramatically than that of P3HT. The UV-vis spectra of the PNCs show a blue shift in the pi-pi* absorption peak of the conjugated chain, but the photoluminescence spectra showed a red shift with an increase in the clay concentration. The quantum yield of the photoluminescence process also increases in the melt-cooled PNCs, and this is in sharp contrast to that of solvent cast PNCs where photoluminescence quenching was observed. Fibrillar network structure of the solvent cast PNCs promotes energy transfer of the charge carriers, but its absence in the melt-cooled films inhibits such energy transfer, increasing the quantum yield. The room-temperature dc conductivity of the PNCs decreased by an order compared to that of P3HT in both the doped and undoped states. The I-V characteristic curve shows semiconducting behavior, and it slowly transforms into insulator with increasing clay concentration.