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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
IFSC code is used for hassle-free and convenient online or electronic fund transfer from one bank account to another via NEFT, RTGS and NEFT.
Helps uniquely identify a specific bank and its branch, helping customers to transfer funds to the right bank account.
IFSC Code enables customers to execute an online transfer of funds securely, hence eliminating the chances of any fraudulent activity in the fund transfer process.