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 Tumkur Grain Merchants Cooperative Bank Limited for its S S Puram Branch branch in Tumkur, Tumkur, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Tumkur Grain Merchants Cooperative Bank Limited located in Tumkur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code TGMB0000003. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Tumkur Grain Merchants Cooperative Bank Limited, S S Puram Branch, Tumkur
Below in the table are the key details related to IFSC Code TGMB0000003 of Tumkur Grain Merchants Cooperative Bank Limited for its branch located in Tumkur, within the district of Tumkur in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Tumkur Grain Merchants Cooperative Bank Limited |
| IFSC Code | TGMB0000003 |
| Branch | S S Puram Branch |
| City | Tumkur |
| District | Tumkur |
| State | Karnataka |
| Address | B.H.Road,Tumkur 572103 |
These details are important not only for users using online banking but also for businesses and individuals who use Tumkur Grain Merchants Cooperative Bank Limited in Tumkur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code TGMB0000003 for the S S Puram Branch branch of Tumkur Grain Merchants Cooperative Bank Limited is vital.
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 S S Puram Branch, Tumkur, Karnataka, is provided with a unique IFSC like TGMB0000003 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 Tumkur.
- 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 Tumkur and Tumkur.
- 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 S S Puram Branch do not get mixed with another location.
Format of the IFSC Code TGMB0000003
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 S S Puram Branch in Tumkur.
For example, the IFSC Code TGMB0000003 of Tumkur Grain Merchants Cooperative Bank Limited for the S S Puram Branch branch includes these elements, identifying the bank and the branch location in Tumkur and Karnataka correctly.
How to Find IFSC Code for Tumkur Grain Merchants Cooperative Bank Limited?
If you are trying to find the IFSC Code TGMB0000003 of Tumkur Grain Merchants Cooperative Bank Limited for its S S Puram Branch branch located in Tumkur, the following methods can help:
Cheque Book
The cheque book issued by Tumkur Grain Merchants Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Tumkur Grain Merchants Cooperative Bank Limited branches in Tumkur and Tumkur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Tumkur Grain Merchants Cooperative Bank Limited and navigate to the branch locator section. Search for S S Puram Branch or Tumkur to get the exact IFSC Code TGMB0000003.
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 keeps an updated list of all IFSC codes. If you search for Tumkur Grain Merchants Cooperative Bank Limited and Tumkur, you'll get the correct details.
How to Use IFSC Code TGMB0000003 for Online Transfers?
Once you have the IFSC Code TGMB0000003 for the S S Puram Branch branch of Tumkur Grain Merchants Cooperative Bank Limited in Tumkur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code TGMB0000003. The transfer is completed in batches instead of instantly. It is useful for both 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 Tumkur Grain Merchants Cooperative Bank Limited IFSC Code TGMB0000003.
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 S S Puram Branch in Tumkur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Tumkur Grain Merchants Cooperative Bank Limited in S S Puram Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Tumkur Grain Merchants Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Tumkur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the S S Puram Branch Tumkur branch is TGMB0000003.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at B.H.Road,Tumkur 572103.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.