IFSC Code, MICR Codes for TAMILNAD MERCANTILE BANK LIMITED in TAMIL NADU - DINDIGUL - PALANI - PALANI

TAMILNAD MERCANTILE BANK LIMITED RTGS HO Branch in PALANI - Address, IFSC, MICR Code


IFSC Code

TMBL0000089

MICR Code

624060102

Branch

PALANI

Contact

244636

Address

71-A GANDHI ROAD PALANI-624601 TAMILNADU

City

PALANI

District

DINDIGUL

State

TAMIL NADU





What is IFSC Code of TAMILNAD MERCANTILE BANK LIMITED situated at PALANI- RTGS-HO?
IFSC Code of TAMILNAD MERCANTILE BANK LIMITED situated at PALANI - RTGS-HO is

TMBL0000089

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.