IFSC Code, MICR Codes for TAMILNAD MERCANTILE BANK LIMITED in TAMIL NADU - VELLORE - VELLORE - ARAKONAM

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


IFSC Code

TMBL0000193

MICR Code

631060102

Branch

ARAKONAM

Contact

230711

Address

112 SHOLINGUR ROAD ARAKONAM-631001 VELLORE DIST TAMILNADU

City

VELLORE

District

VELLORE

State

TAMIL NADU





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

TMBL0000193

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.