IFSC Code TGMB0000027 - Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar
TGMC BANK LTD. NO-1147 JAWAHARLALNEHRU ROAD 3RD STAGE BEML LAYOUT WARD NO 160 RAJARAJESHWARINAGAR BENGALURU-98
Quick Info
IFSC: TGMB0000027
District: BANGALORE
Status: Active
About Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar
IFSC Code TGMB0000027 belongs to Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar branch located in Bangalore, Bangalore, Karnataka. This branch serves customers in Bangalore, Bangalore, Karnataka and surrounding areas.
Understanding IFSC Code TGMB0000027
The IFSC (Indian Financial System Code) TGMB0000027 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (TGMB): Bank code identifying Tumkur Grain Merchants Cooperative Bank Limited
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000027): Unique branch identifier for Rajarajeshwari Nagar
Electronic Fund Transfer Services
IFSC Code TGMB0000027 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar branch is located at TGMC BANK LTD. NO-1147 JAWAHARLALNEHRU ROAD 3RD STAGE BEML LAYOUT WARD NO 160 RAJARAJESHWARINAGAR BENGALURU-98 in Bangalore, Bangalore, Karnataka. This location serves customers in Bangalore, Bangalore, Karnataka and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code TGMB0000027 to ensure the transaction is routed correctly.
How to Use IFSC Code TGMB0000027
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: TGMB0000027 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Tumkur Grain Merchants Cooperative Bank Limited Branches
If you're looking for other Tumkur Grain Merchants Cooperative Bank Limited branches in Bangalore, Bangalore, Karnataka or nearby areas, use our Tumkur Grain Merchants Cooperative Bank Limited branch finder. You can search by city, district, or state to find all Tumkur Grain Merchants Cooperative Bank Limited branches with their respective IFSC codes.
Branch Details
| IFSC Code: | TGMB0000027 |
| Bank Name: | Tumkur Grain Merchants Cooperative Bank Limited |
| Branch Name: | Rajarajeshwari Nagar |
| Address: | TGMC BANK LTD. NO-1147 JAWAHARLALNEHRU ROAD 3RD STAGE BEML LAYOUT WARD NO 160 RAJARAJESHWARINAGAR BENGALURU-98 |
| City: | Bangalore |
| District: | Bangalore |
| State: | Karnataka |
Payment Services Available
Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar Branch IFSC Code TGMB0000027 — Complete Banking Guide for Bangalore, Karnataka
IFSC code TGMB0000027 belongs to the Rajarajeshwari Nagar branch of Tumkur Grain Merchants Cooperative Bank Limited in Bangalore, Bangalore district, Karnataka. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC TGMB0000027 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Tumkur Grain Merchants Cooperative Bank Limited, Rajarajeshwari Nagar Branch
The Rajarajeshwari Nagar branch of Tumkur Grain Merchants Cooperative Bank Limited in Bangalore, Karnataka serves retail and corporate customers in Bangalore district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC TGMB0000027 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC TGMB0000027
Four primary digital payment rails use IFSC TGMB0000027 for transfers to Tumkur Grain Merchants Cooperative Bank Limited, Rajarajeshwari Nagar: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC TGMB0000027 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Rajarajeshwari Nagar branch of Tumkur Grain Merchants Cooperative Bank Limited in Bangalore carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC TGMB0000027 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC TGMB0000027 Before Transferring
Before initiating any high-value transfer to IFSC TGMB0000027, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Tumkur Grain Merchants Cooperative Bank Limited's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar, Bangalore IFSC
What is the IFSC of Tumkur Grain Merchants Cooperative Bank Limited Rajarajeshwari Nagar in Bangalore?
The IFSC of Tumkur Grain Merchants Cooperative Bank Limited, Rajarajeshwari Nagar branch in Bangalore, Karnataka is TGMB0000027. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC TGMB0000027?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC TGMB0000027 to route funds to Tumkur Grain Merchants Cooperative Bank Limited, Rajarajeshwari Nagar, Bangalore.
Who assigns IFSC codes like TGMB0000027?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Tumkur Grain Merchants Cooperative Bank Limited applied for the IFSC for its Rajarajeshwari Nagar branch in Bangalore, and RBI issued TGMB0000027 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC TGMB0000027 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC TGMB0000027 at Tumkur Grain Merchants Cooperative Bank Limited, Rajarajeshwari Nagar, Bangalore. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC TGMB0000027.
About IFSC Code TGMB0000027
IFSC Code TGMB0000027 belongs to Tumkur Grain Merchants Cooperative Bank Limited branch Rajarajeshwari Nagar located in Bangalore, Bangalore, Karnataka.
Branch Information
- IFSC Code: TGMB0000027
- Bank: Tumkur Grain Merchants Cooperative Bank Limited
- Branch: Rajarajeshwari Nagar
- Address: TGMC BANK LTD. NO-1147 JAWAHARLALNEHRU ROAD 3RD STAGE BEML LAYOUT WARD NO 160 RAJARAJESHWARINAGAR BENGALURU-98
- City: Bangalore
- District: Bangalore
- State: Karnataka
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available