Indian Financial System Code, popularly known as IFSC code, is an 11-digit alphanumeric code that helps identify the individual bank branches. IFSC code is used to transfer funds online for NEFT, IMPS, and RTGS transactions. First four digit characters represent the bank, followed by a zero (0), and the last 6 characters, usually number, represent the bank branch.
Customer can find IFSC code on their bank’s cheque leaves, passbooks, bank statement and other banking documents.
Unique branch identification: Through an IFSC code, the particular branches of source and destination banks can be identified.
Useful for electronic transfer: It is used for online fund transfer like NEFT, RTGS & IMPS, and helps eliminate errors.
This helps customers search for IFSC code of any branch of any bank across the country.
Tamilnad Mercantile Bank Limited (TMB) was founded in 9 as the Nadar Bank, and changed its name to Tamilnad Mercantile Bank in November 9. The bank currently has a network of 09 full branches, regional offices and eleven extension counters, six central processing centres, one service branch, four currency chests, 9 eLobby centres, and 09 ATMs throughout India. It was the first private sector bank in India to introduce computerization for branch-level offices. TMB provides personal and business banking products and services to its customers in India. Its personal banking products and services include savings accounts, fixed deposits, and recurring deposits; retail loans/credits, including personal loan, home loan, education loan, short term study loan, two wheeler loan, car loan, IPO finance, and pension loan as well as gold overdrafts and credit card; and retail services such as pension, online bill payment, e-tax payment, mobile banking, demat account, IPO facility, smart shopper Visa card and money transfer. The bank also provides business banking products and services including business accounts such as current, cash credit, and anywhere banking accounts, as well as account portability services; business lending & commercial loans, including trade/service, Mahalir, easy mortgage, tractor and mini vehicle loans as well as SME credits. It also provides NRI and international banking products and services, including NRI accounts, transfer money to India, travel cards, and forex services.
Personal loan, Home loan, Education loan, Short term study loan, Wheeler loan, Car loan, IPO finance, Pension loan