Use this page as a one-stop reference for everything related to Tumkur Grain Merchants Cooperative Bank Limited's branch in , KARNATAKA. The branch's IFSC code TGMB0000026 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, TGMB0000026 is the IFSC of Tumkur Grain Merchants Cooperative Bank Limited's branch. The format is fixed: TGMB = bank code, 0 = reserved, 000026 = branch identifier.
Branch details at a glance
| Bank Name | Tumkur Grain Merchants Cooperative Bank Limited |
|---|---|
| IFSC Code | TGMB0000026 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO.788A, DAMODARAN ROAD, NEAR GANESHA TEMPLE, SAHAKARANAGAR, BENGALURU - 560092 |
| State | Karnataka |
| Phone | 42160022 |
About the bank
Tumkur Grain Merchants Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its branch in , Karnataka is part of this network and uses the IFSC code TGMB0000026 for all electronic settlement.
branch overview
Located at NO.788A, DAMODARAN ROAD, NEAR GANESHA TEMPLE, SAHAKARANAGAR, BENGALURU - 560092, the branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC TGMB0000026 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Tumkur Grain Merchants Cooperative Bank Limited's branch came to be assigned the code TGMB0000026.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC TGMB0000026, money simply cannot be routed to the branch electronically.
How to transfer money using IFSC TGMB0000026
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC TGMB0000026 across all three.
NEFT to Tumkur Grain Merchants Cooperative Bank Limited, using IFSC TGMB0000026
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC TGMB0000026, and confirm that the system picks up Tumkur Grain Merchants Cooperative Bank Limited – . Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC TGMB0000026
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Tumkur Grain Merchants Cooperative Bank Limited – , ensure your bank's portal accepts IFSC TGMB0000026 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Tumkur Grain Merchants Cooperative Bank Limited – , use IMPS. With IFSC TGMB0000026 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC TGMB0000026:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at is still linked to IFSC TGMB0000026.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC TGMB0000026
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Tumkur Grain Merchants Cooperative Bank Limited – is still mapped to IFSC TGMB0000026. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC TGMB0000026 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the branch is mapped to IFSC TGMB0000026 on the RBI payments network. The branch generally supports the full retail product catalogue of Tumkur Grain Merchants Cooperative Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains TGMB0000026.
Banking services available
The branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 42160022.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC TGMB0000026
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Tumkur Grain Merchants Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC TGMB0000026 and the account number together uniquely identify the branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC TGMB0000026
Tumkur Grain Merchants Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC TGMB0000026 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC TGMB0000026
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Tumkur Grain Merchants Cooperative Bank Limited – , double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
TGMB0000026. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The branch sits at NO.788A, DAMODARAN ROAD, NEAR GANESHA TEMPLE, SAHAKARANAGAR, BENGALURU - 560092. If you are travelling from outside , search for the branch on a maps application using the bank name and locality, or call 42160022 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC TGMB0000026 and your account number.
Verifying IFSC TGMB0000026 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm TGMB0000026 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 42160022.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TGMB0000026, however, work 24x7.
Branch address & contact
Tumkur Grain Merchants Cooperative Bank LimitedBranch
NO.788A, DAMODARAN ROAD, NEAR GANESHA TEMPLE, SAHAKARANAGAR, BENGALURU - 560092
, Karnataka
Phone: 42160022
IFSC: TGMB0000026
Frequently asked questions
What is the IFSC code of Tumkur Grain Merchants Cooperative Bank Limited branch?
The IFSC code of Tumkur Grain Merchants Cooperative Bank Limited, branch is TGMB0000026. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC TGMB0000026 valid for NEFT and RTGS?
Yes. IFSC TGMB0000026 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Tumkur Grain Merchants Cooperative Bank Limited branch located?
Tumkur Grain Merchants Cooperative Bank Limited's branch is located at NO.788A, DAMODARAN ROAD, NEAR GANESHA TEMPLE, SAHAKARANAGAR, BENGALURU - 560092, , Karnataka.
What is the phone number of Tumkur Grain Merchants Cooperative Bank Limited branch?
You can reach the branch at 42160022 during regular banking hours.
Does Tumkur Grain Merchants Cooperative Bank Limited branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 42160022 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the branch but serve different purposes.
Is IFSC TGMB0000026 the same for all accounts at branch?
Yes. The IFSC TGMB0000026 is shared by every account held at Tumkur Grain Merchants Cooperative Bank Limited's branch. Only the account number changes from customer to customer.
Final notes
To recap: TGMB0000026 is the IFSC code of Tumkur Grain Merchants Cooperative Bank Limited, branch, in , KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
