Below are the complete branch details for Tumkur Grain Merchants Cooperative Bank Limited, branch, located in , KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is TGMB0000029. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case TGMB0000029 for Tumkur Grain Merchants Cooperative Bank Limited – — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Tumkur Grain Merchants Cooperative Bank Limited – is TGMB0000029. The first four letters TGMB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000029 map to this branch in , KARNATAKA.
Branch details at a glance
| Bank Name | Tumkur Grain Merchants Cooperative Bank Limited |
|---|---|
| IFSC Code | TGMB0000029 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TGMC BANK LTD, WARD NO 109, CHICKPET MAIN ROAD, CHICKPET. |
| State | Karnataka |
| Phone | 41134253 |
Bank profile
Tumkur Grain Merchants Cooperative Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The branch — IFSC TGMB0000029 — extends the bank's services to customers in and around , Karnataka.
branch overview
Located at TGMC BANK LTD, WARD NO 109, CHICKPET MAIN ROAD, CHICKPET., 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 TGMB0000029 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 TGMB0000029.
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 TGMB0000029, money simply cannot be routed to the branch electronically.
How to transfer money using IFSC TGMB0000029
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 TGMB0000029 across all three.
NEFT to Tumkur Grain Merchants Cooperative Bank Limited, using IFSC TGMB0000029
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 TGMB0000029, 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 TGMB0000029
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 TGMB0000029 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 TGMB0000029 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 TGMB0000029:
- 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 TGMB0000029.
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 TGMB0000029
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 TGMB0000029. 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 TGMB0000029 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 TGMB0000029 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 TGMB0000029.
Banking services available
The branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 41134253.
- 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 TGMB0000029
MICR & cheque-truncation details
Cheques drawn on the branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC TGMB0000029 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC TGMB0000029 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC TGMB0000029
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:
TGMB0000029. - 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.
How to reach the branch
The branch is located at TGMC BANK LTD, WARD NO 109, CHICKPET MAIN ROAD, CHICKPET., which puts it inside , the broader district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Tumkur Grain Merchants Cooperative Bank Limited branch” — the verified location pin for IFSC TGMB0000029 should appear at the top of the results.
- Confirm the branch is open by calling 41134253 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC TGMB0000029 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC TGMB0000029 for Tumkur Grain Merchants Cooperative Bank Limited – , you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
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 TGMB0000029, however, work 24x7.
Branch address & contact
Tumkur Grain Merchants Cooperative Bank LimitedBranch
TGMC BANK LTD, WARD NO 109, CHICKPET MAIN ROAD, CHICKPET.
, Karnataka
Phone: 41134253
IFSC: TGMB0000029
Frequently asked questions
How do I add Tumkur Grain Merchants Cooperative Bank Limited as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC TGMB0000029, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC TGMB0000029 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC TGMB0000029 to send funds instantly.
How quickly will an NEFT transfer using TGMB0000029 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Tumkur Grain Merchants Cooperative Bank Limited – reflect within 30 minutes.
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 TGMB0000029. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Tumkur Grain Merchants Cooperative Bank Limited branch located?
Tumkur Grain Merchants Cooperative Bank Limited's branch is located at TGMC BANK LTD, WARD NO 109, CHICKPET MAIN ROAD, CHICKPET., , Karnataka.
Is IFSC TGMB0000029 valid for NEFT and RTGS?
Yes. IFSC TGMB0000029 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC TGMB0000029 the same for all accounts at branch?
Yes. The IFSC TGMB0000029 is shared by every account held at Tumkur Grain Merchants Cooperative Bank Limited's branch. Only the account number changes from customer to customer.
Summary
The IFSC code TGMB0000029 belongs to Tumkur Grain Merchants Cooperative Bank Limited's branch, located at TGMC BANK LTD, WARD NO 109, CHICKPET MAIN ROAD, CHICKPET. in , KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
