IFSCIndex

Tumkur Grain Merchants Co Operative Bank Bvk Iyenger Road IFSC Code

Tumkur Grain Merchants Co Operative Bank Logo

Tumkur Grain Merchants Co Operative Bank

TGMB0000029

IFSC · Used for NEFT, IMPS & RTGS

560574015

MICR · Used for Cheque Clearance

Branch

Bvk Iyenger Road

Address

Tgmc Bank Ltd, Ward No 109, Chickpet Main Road, Chickpet.

View on Google Maps

District

Bengaluru

State

Karnataka

🔍 Search for another branch

(e.g., HDFC Bank Bandra, IDFC First Bank Koramangala)
All Bengaluru BranchesReport incorrect branch details

Top Financial Tools for Tumkur Grain Merchants Co Operative Bank Customers

Free calculators — no login required

All calculators

Other Tumkur Grain Merchants Co Operative Bank Branches in Bengaluru

4 nearby branches — click to view IFSC

Frequently Asked Questions

About Tumkur Grain Merchants Co Operative Bank Bvk Iyenger Road (chickpet Main Road Chickpet - 0029), Bengaluru

The IFSC code TGMB0000029 (lowercase: tgmb0000029) belongs to Tumkur Grain Merchants Co Operative Bank, specifically the Bvk Iyenger Road (chickpet Main Road Chickpet - 0029) branch located in Bengaluru, Karnataka.

The 5th character in the IFSC code TGMB0000029 is a zero (0), not the letter 'O'. The correct format is TGMB0000029 (lowercase: tgmb0000029), and not TGMBO000029. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Tumkur Grain Merchants Co Operative Bank Bvk Iyenger Road (chickpet Main Road Chickpet - 0029) in Bengaluru, Karnataka is TGMB0000029. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Tumkur Grain Merchants Co Operative Bank Bvk Iyenger Road (chickpet Main Road Chickpet - 0029) is located at Tgmc Bank Ltd, Ward No 109, Chickpet Main Road, Chickpet., Bengaluru, Karnataka. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Tumkur Grain Merchants Co Operative Bank Bvk Iyenger Road (chickpet Main Road Chickpet - 0029) is 560574015. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code TGMB0000029 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code TGMB0000029 by checking: (1) The top-left corner of any Tumkur Grain Merchants Co Operative Bank Bvk Iyenger Road (chickpet Main Road Chickpet - 0029) cheque leaf, (2) The first page of your Tumkur Grain Merchants Co Operative Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: TGMB0000029

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

Swipe to see all

TGMB
Bank Codechars 1–4
0Reservedchar 5
000029
Branch Codechars 6–11

TGMB0000029

What Each Part Means

Bank Code — TGMB
The first 4 characters uniquely identify Tumkur Grain Merchants Co Operative Bank at the national level. Every branch of Tumkur Grain Merchants Co Operative Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 000029
The final 6 characters 000029 uniquely identify this specific branch within the Tumkur Grain Merchants Co Operative Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code TGMB0000029
SegmentCharsValuePurpose
Bank Code1–4TGMBIdentifies Tumkur Grain Merchants Co Operative Bank
Reserved50RBI reserved (always 0)
Branch Code6–11000029Unique to this branch

Where to Find IFSC & MICR on Your Cheque

Interactive cheque leaf mockup — highlighted fields show live values from this branch

Swipe left to view full cheque

IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchTGMB0000029560574015
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.