Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Tamilnad Mercantile Bank Limited for its Madurai-Tallakulam branch in Madurai, Madurai, Tamil Nadu, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Tamilnad Mercantile Bank Limited located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code TMBL0000163. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Tamilnad Mercantile Bank Limited, Madurai-Tallakulam, Madurai

Here are some of the key details that come with the IFSC Code TMBL0000163 of Tamilnad Mercantile Bank Limited for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.

Particulars Details
Bank Tamilnad Mercantile Bank Limited
IFSC Code TMBL0000163
Branch Madurai-Tallakulam
City Madurai
District Madurai
State Tamil Nadu
Address Ra-Gem Plaza, 111-112, Alagar Kovil Street, Tallakulam, Madurai-625002 Tamilnadu

These details helps users in online banking and for businesses and individuals who use Tamilnad Mercantile Bank Limited in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TMBL0000163 for the Madurai-Tallakulam 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, including Tamilnad Mercantile Bank Limited located in Madurai-Tallakulam, Madurai, Tamil Nadu, is provided with a unique IFSC like TMBL0000163 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Tamilnad Mercantile Bank Limited branch in Madurai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Madurai and Madurai.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Tamilnad Mercantile Bank Limited in Madurai-Tallakulam do not get mixed with another location.

Format of the IFSC Code TMBL0000163

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 Madurai-Tallakulam in Madurai.

For example, the IFSC Code TMBL0000163 of Tamilnad Mercantile Bank Limited for the Madurai-Tallakulam 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 TMBL0000163 of Tamilnad Mercantile Bank Limited for its Madurai-Tallakulam branch located in Madurai, the following methods can help:

Cheque Book

The cheque books that are issued by Tamilnad Mercantile Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Tamilnad Mercantile Bank Limited and find the branch locator section. Search for Madurai-Tallakulam or Madurai to get the exact IFSC Code TMBL0000163.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Tamilnad Mercantile Bank Limited and Madurai that will provide accurate information.

How to Use IFSC Code TMBL0000163 for Online Transfers?

Once you have the IFSC Code TMBL0000163 for the Madurai-Tallakulam 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 TMBL0000163. 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 TMBL0000163.

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 Madurai-Tallakulam 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 Madurai-Tallakulam, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Madurai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Tamilnad Mercantile Bank Limited in Madurai-Tallakulam, Madurai?

The IFSC Code is TMBL0000163.

Is the IFSC Code TMBL0000163 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 Madurai-Tallakulam?

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 Madurai-Tallakulam branch?

The address of the branch is Ra-Gem Plaza, 111-112, Alagar Kovil Street, Tallakulam, Madurai-625002 Tamilnadu located in Madurai, Madurai, Tamil Nadu.

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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