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Tamilnad Mercantile Bank · Prahasapuram

TMBL0000054: Tamilnad Mercantile Bank, Prahasapuram

IFSC code TMBL0000054 belongs to the Prahasapuram branch of Tamilnad Mercantile Bank in Prahasapuram, Tamil Nadu. Its MICR code is 627060021.

IFSC
TMBL0000054
MICR
627060021
Bank
Tamilnad Mercantile Bank
Branch
Prahasapuram
District
Prahasapuram
State
Tamil Nadu
Phone
+914639277277

Branch address

Tamilnad Mercantile Bank
No 151 Margoschis Road

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

TMBL is Tamilnad Mercantile Bank's bank code, the fifth character 0 is kept for future use, and 000054 is the code of the Prahasapuram branch. In the MICR code 627060021, 627 is the city, 060 the bank and 021 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Tamilnad Mercantile Bank's Prahasapuram branch (Prahasapuram, Tamil Nadu) is TMBL0000054.

  2. 627060021. MICR is printed at the bottom of the branch's cheques.

  3. No 151 Margoschis Road

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC TMBL0000054 with the beneficiary's account number.

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