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.
Tumkur Grain Merchants Co-operative Bank Ltd. is a leading Urban Cooperative Bank in the state of Karnataka. Headquartered at Tumkur, TGMC Bank was incorporated on September 9. In the beginning years, the bank operated under the guidance of Bangalore Grain Merchant Co-operative Bank Limited. Since its inception, the bank has grown manifolds.
TGMC Bank is the first fully computerized Bank in Tumkur, Karnataka. The bank offers a wide range of products and services to its customers. TGMC Bank provides deposit products like savings account, current account, fixed deposit, Mangala Cash Certificate, cumulative term deposit, and golden jubilee deposit schemes. It also extends various loans including deposit loan, joint & LIC bond loan, NSC & LIC bond loan, shares and debentures loan, gold loan, pledge loan, mortgage of property, hypothecation for loan, machinery loan, consumable article loan, housing loan, cash credit loan, as well as rental discount scheme.
Fixed deposit Mangala Cash Certificate Cumulative term deposit Golden jubilee deposit schemes
Deposit loan Joint & LIC bond loan NSC & LIC bond loan Shares and debentures loan Gold loan Pledge loan Mortgage of property Hypothecation for loan Machinery loan Consumable article loan Housing loan Cash credit loan