TAMILNAD MERCANTILE BANK LIMITED IFSC Code – PALAMEDU, PALAMEDU
Complete bank details including IFSC code, MICR code, address and payment facilities for PALAMEDU branch.
Bank Details
| Bank Name | TAMILNAD MERCANTILE BANK LIMITED |
| Branch Name | PALAMEDU |
| IFSC Code | TMBL0000221 |
| MICR Code | 625060010 |
| Address | D.NO.11-23, GROUND FLOOR, PERIA KADAI VEETHI, NEAR VILAKKU THOON, PALAMEDU - 625 503 |
| City | PALAMEDU |
| District | MADURAI |
| State | TAMIL NADU |
| Contact | 246235 |
Payment Facilities
About IFSC Code TMBL0000221
The IFSC code TMBL0000221 uniquely identifies the PALAMEDU branch of TAMILNAD MERCANTILE BANK LIMITED located in PALAMEDU, TAMIL NADU. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code TMBL0000221
- First 4 characters (TMBL) – Represents TAMILNAD MERCANTILE BANK LIMITED bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000221) – Unique branch identifier for PALAMEDU
How to Use IFSC Code TMBL0000221
To transfer money to any account at TAMILNAD MERCANTILE BANK LIMITED PALAMEDU branch, you will need to provide the IFSC code TMBL0000221 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PALAMEDU
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About TAMILNAD MERCANTILE BANK LIMITED PALAMEDU Branch
TAMILNAD MERCANTILE BANK LIMITED PALAMEDU is a branch of TAMILNAD MERCANTILE BANK LIMITED located in PALAMEDU, TAMIL NADU. The branch provides comprehensive banking services to customers in PALAMEDU and surrounding areas.
Branch Address
D.NO.11-23, GROUND FLOOR, PERIA KADAI VEETHI, NEAR VILAKKU THOON, PALAMEDU - 625 503, PALAMEDU, TAMIL NADU
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 625060010. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of TAMILNAD MERCANTILE BANK LIMITED PALAMEDU?
The IFSC code of TAMILNAD MERCANTILE BANK LIMITED PALAMEDU branch in PALAMEDU is TMBL0000221.
What is the MICR code of TAMILNAD MERCANTILE BANK LIMITED PALAMEDU?
The MICR code of TAMILNAD MERCANTILE BANK LIMITED PALAMEDU branch is 625060010.
What is the address of TAMILNAD MERCANTILE BANK LIMITED PALAMEDU?
TAMILNAD MERCANTILE BANK LIMITED PALAMEDU branch is located at D.NO.11-23, GROUND FLOOR, PERIA KADAI VEETHI, NEAR VILAKKU THOON, PALAMEDU - 625 503.
Does TAMILNAD MERCANTILE BANK LIMITED PALAMEDU support NEFT/RTGS/IMPS?
TAMILNAD MERCANTILE BANK LIMITED PALAMEDU branch supports NEFT, RTGS, IMPS, and UPI transactions.