For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Tamilnad Mercantile Bank Limited for its Mumbai-Mandvi branch in Greater Bombay, Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 TMBL0000066. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

Here are the key points that are associated with the IFSC Code TMBL0000066 of Tamilnad Mercantile Bank Limited for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Tamilnad Mercantile Bank Limited
IFSC Code TMBL0000066
Branch Mumbai-Mandvi
City Greater Bombay
District Mumbai
State Maharashtra
Address No.92, Kazi Syed Street, Goradia House, Mumbai-400003 Maharashtra

These details helps users in online banking and for businesses and individuals who use Tamilnad Mercantile Bank Limited in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TMBL0000066 for the Mumbai-Mandvi branch of Tamilnad Mercantile Bank Limited plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Tamilnad Mercantile Bank Limited located in Mumbai-Mandvi, Greater Bombay, Maharashtra, are given a unique IFSC like TMBL0000066 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Greater Bombay.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Tamilnad Mercantile Bank Limited in Mumbai-Mandvi goes to the correct branch. This is important because Tamilnad Mercantile Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code TMBL0000066

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): Show the bank code. For Tamilnad Mercantile Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mumbai-Mandvi in Greater Bombay.

For example, the IFSC Code TMBL0000066 of Tamilnad Mercantile Bank Limited for the Mumbai-Mandvi branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.

How to Find IFSC Code for Tamilnad Mercantile Bank Limited?

If you are looking for the IFSC Code TMBL0000066 of Tamilnad Mercantile Bank Limited for its Mumbai-Mandvi branch located in Greater Bombay, the following methods can help:

Cheque Book

The cheque book that is issued by Tamilnad Mercantile Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Tamilnad Mercantile Bank Limited branches in Greater Bombay and Mumbai, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Tamilnad Mercantile Bank Limited and look for the branch locator section, then search for Mumbai-Mandvi or Greater Bombay to get the exact IFSC Code TMBL0000066.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Tamilnad Mercantile Bank Limited and Greater Bombay, then it will provide you proper information.

How to Use IFSC Code TMBL0000066 for Online Transfers?

Once you have the IFSC Code TMBL0000066 for the Mumbai-Mandvi branch of Tamilnad Mercantile Bank Limited in Greater Bombay, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code TMBL0000066. Transfers are processed in batches. This is 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. Requires the recipient's account details and Tamilnad Mercantile Bank Limited IFSC Code TMBL0000066.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Tamilnad Mercantile Bank Limited Mumbai-Mandvi in Greater Bombay may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Tamilnad Mercantile Bank Limited in Mumbai-Mandvi, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Greater Bombay manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is TMBL0000066.

Is the IFSC Code TMBL0000066 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 Mumbai-Mandvi?

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 Mumbai-Mandvi branch?

The address of the branch is No.92, Kazi Syed Street, Goradia House, Mumbai-400003 Maharashtra 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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