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 Chikkandarchavadi branch in Madurai, Madurai, Tamil Nadu, 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 Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code TMBL0000301. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Tamilnad Mercantile Bank Limited, Chikkandarchavadi, Madurai
The table below shows the main details of the IFSC Code TMBL0000301 for the Tamilnad Mercantile Bank Limited branch in Madurai, which falls under the Madurai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Tamilnad Mercantile Bank Limited |
| IFSC Code | TMBL0000301 |
| Branch | Chikkandarchavadi |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | 2-4, Lucky Nagar, Athalai Road, Koilpappakudi Village, Chikkandarchavadi-625018, Madurai Dist, Tamilnadu |
These details are essential not only for online banking users but also for businesses and individuals who use Tamilnad Mercantile Bank Limited in Madurai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TMBL0000301 for the Chikkandarchavadi branch of Tamilnad Mercantile Bank Limited plays 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 Chikkandarchavadi, Madurai, Tamil Nadu, is provided a unique IFSC like TMBL0000301 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 Madurai.
- 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 Madurai and Madurai.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Tamilnad Mercantile Bank Limited in Chikkandarchavadi do not get misguided to another person.
Format of the IFSC Code TMBL0000301
The format of the IFSC Code for banks, including Tamilnad Mercantile Bank Limited, has 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 Chikkandarchavadi in Madurai.
For example, the IFSC Code TMBL0000301 of Tamilnad Mercantile Bank Limited for the Chikkandarchavadi branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.
How to Find IFSC Code for Tamilnad Mercantile Bank Limited?
If you are trying to find the IFSC Code TMBL0000301 of Tamilnad Mercantile Bank Limited for its Chikkandarchavadi branch located in Madurai, 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 Madurai and Madurai, 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 Chikkandarchavadi or Madurai to get the exact IFSC Code TMBL0000301.
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 Madurai, you'll get the correct details.
How to Use IFSC Code TMBL0000301 for Online Transfers?
Once you have the IFSC Code TMBL0000301 for the Chikkandarchavadi branch of Tamilnad Mercantile Bank Limited in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code TMBL0000301. 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 TMBL0000301.
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 Chikkandarchavadi in Madurai 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 Chikkandarchavadi, 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 Madurai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is TMBL0000301.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 2-4, Lucky Nagar, Athalai Road, Koilpappakudi Village, Chikkandarchavadi-625018, Madurai Dist, Tamilnadu located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.