The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Tamilnad Mercantile Bank Limited for its Chembur-Mumbai branch in Greater Bombay, Mumbai, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Tamilnad Mercantile Bank Limited located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code TMBL0000218. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Tamilnad Mercantile Bank Limited, Chembur-Mumbai, Greater Bombay

The table below shows the main details of the IFSC Code TMBL0000218 for the Tamilnad Mercantile Bank Limited branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.

Particulars Details
Bank Tamilnad Mercantile Bank Limited
IFSC Code TMBL0000218
Branch Chembur-Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Address 53,C.S.T.Road,Sindhi Society,Opp.Bakthi Bhavan,Chembur,Mumbai - 400071

These details are crucial, not just for online banking users but also for businesses and individuals who use Tamilnad Mercantile Bank Limited in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TMBL0000218 for the Chembur-Mumbai branch of Tamilnad Mercantile Bank Limited has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Tamilnad Mercantile Bank Limited located in Chembur-Mumbai, Greater Bombay, Maharashtra, is provided a unique IFSC like TMBL0000218 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Tamilnad Mercantile Bank Limited branch in Greater Bombay.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Tamilnad Mercantile Bank Limited in Chembur-Mumbai do not get misguided to another person.

Format of the IFSC Code TMBL0000218

The format of the IFSC Code for banks, including Tamilnad Mercantile Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Tamilnad Mercantile Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Chembur-Mumbai in Greater Bombay.

For example, the IFSC Code TMBL0000218 of Tamilnad Mercantile Bank Limited for the Chembur-Mumbai branch has these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.

How to Find IFSC Code for Tamilnad Mercantile Bank Limited?

If you are trying to find the IFSC Code TMBL0000218 of Tamilnad Mercantile Bank Limited for its Chembur-Mumbai branch located in Greater Bombay, the following methods can help:

Cheque Book

The cheque book issued by Tamilnad Mercantile Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Tamilnad Mercantile Bank Limited branches in Greater Bombay and Mumbai, print them on the first page of your passbook.

Bank Website

Visit the official website of Tamilnad Mercantile Bank Limited and navigate to the branch locator section. Search for Chembur-Mumbai or Greater Bombay to get the exact IFSC Code TMBL0000218.

Mobile Banking App

If you use Tamilnad Mercantile Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Tamilnad Mercantile Bank Limited and Greater Bombay, you'll get the correct details.

How to Use IFSC Code TMBL0000218 for Online Transfers?

If you have the IFSC Code TMBL0000218 for the Chembur-Mumbai branch of Tamilnad Mercantile Bank Limited in Greater Bombay, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code TMBL0000218. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Tamilnad Mercantile Bank Limited IFSC Code TMBL0000218.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Tamilnad Mercantile Bank Limited Chembur-Mumbai in Greater Bombay, it may 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 Tamilnad Mercantile Bank Limited in Chembur-Mumbai, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Tamilnad Mercantile Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Greater Bombay to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Tamilnad Mercantile Bank Limited in Chembur-Mumbai, Greater Bombay?

The IFSC Code is TMBL0000218.

Is the IFSC Code TMBL0000218 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Tamilnad Mercantile Bank Limited Chembur-Mumbai?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chembur-Mumbai branch?

The address of the branch is 53,C.S.T.Road,Sindhi Society,Opp.Bakthi Bhavan,Chembur,Mumbai - 400071 located in Greater Bombay, Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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