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 Tumkur Grain Merchants Cooperative Bank Limited for its Marathahalli Branch branch in Bengaluru, Bengaluru, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Tumkur Grain Merchants Cooperative Bank Limited located in Bengaluru or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code TGMB0000019. 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 Tumkur Grain Merchants Cooperative Bank Limited, Marathahalli Branch, Bengaluru

Here are the main details that are associated with the IFSC Code TGMB0000019 of Tumkur Grain Merchants Cooperative Bank Limited for its branch located in Bengaluru, within the district of Bengaluru in the state of Karnataka.

Particulars Details
Bank Tumkur Grain Merchants Cooperative Bank Limited
IFSC Code TGMB0000019
Branch Marathahalli Branch
City Bengaluru
District Bengaluru
State Karnataka
Address No.17,Krishna Grand,Outer Ring Road,Marathahalli,Bengaluru 560037

These details helps users in online banking and for businesses and individuals who use Tumkur Grain Merchants Cooperative Bank Limited in Bengaluru for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TGMB0000019 for the Marathahalli Branch branch of Tumkur Grain Merchants Cooperative 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 Tumkur Grain Merchants Cooperative Bank Limited located in Marathahalli Branch, Bengaluru, Karnataka, is provided with a unique IFSC like TGMB0000019 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Tumkur Grain Merchants Cooperative Bank Limited branch in Bengaluru.
  • 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 Bengaluru and Bengaluru.
  • 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Tumkur Grain Merchants Cooperative Bank Limited in Marathahalli Branch do not get mixed with another location.

Format of the IFSC Code TGMB0000019

The format of the IFSC Code for banks, including Tumkur Grain Merchants Cooperative Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Tumkur Grain Merchants Cooperative 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 Marathahalli Branch in Bengaluru.

For example, the IFSC Code TGMB0000019 of Tumkur Grain Merchants Cooperative Bank Limited for the Marathahalli Branch branch includes these elements, identifying the bank and the branch location in Bengaluru and Karnataka correctly.

How to Find IFSC Code for Tumkur Grain Merchants Cooperative Bank Limited?

To find the IFSC Code TGMB0000019 of Tumkur Grain Merchants Cooperative Bank Limited for its Marathahalli Branch branch located in Bengaluru, the following methods can help you out:

Cheque Book

The cheque book issued by Tumkur Grain Merchants Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Tumkur Grain Merchants Cooperative Bank Limited branches in Bengaluru and Bengaluru, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Tumkur Grain Merchants Cooperative Bank Limited and go to the branch locator section. Then search for Marathahalli Branch or Bengaluru to find the exact IFSC Code TGMB0000019.

Mobile Banking App

If you use Tumkur Grain Merchants Cooperative 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 maintains an updated database of all IFSC codes. Searching for Tumkur Grain Merchants Cooperative Bank Limited and Bengaluru will provide accurate information.

How to Use IFSC Code TGMB0000019 for Online Transfers?

Once you have the IFSC Code TGMB0000019 for the Marathahalli Branch branch of Tumkur Grain Merchants Cooperative Bank Limited in Bengaluru, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code TGMB0000019. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 Tumkur Grain Merchants Cooperative Bank Limited IFSC Code TGMB0000019.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Tumkur Grain Merchants Cooperative Bank Limited Marathahalli Branch in Bengaluru, your payment can get delayed or might not go through at all.

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 Tumkur Grain Merchants Cooperative Bank Limited in Marathahalli Branch, 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 Tumkur Grain Merchants Cooperative Bank Limited website.
  • Search the RBI portal.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Tumkur Grain Merchants Cooperative Bank Limited in Marathahalli Branch, Bengaluru?

The IFSC Code is TGMB0000019.

Is the IFSC Code TGMB0000019 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Tumkur Grain Merchants Cooperative Bank Limited Marathahalli Branch?

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

What is the full address of the Marathahalli Branch branch?

The address of the branch is No.17,Krishna Grand,Outer Ring Road,Marathahalli,Bengaluru 560037 located in Bengaluru, Bengaluru, Karnataka.

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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