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Tamilnad Mercantile Bank · Bagalkot

TMBL0000487: Tamilnad Mercantile Bank, Bagalkot

IFSC code TMBL0000487 belongs to the Bagalkot branch of Tamilnad Mercantile Bank in Bagalkot, Karnataka. Its MICR code is 587060102.

IFSC
TMBL0000487
MICR
587060102
Bank
Tamilnad Mercantile Bank
Branch
Bagalkot
District
Bagalkot
State
Karnataka
Phone
+917022234193

Branch address

Tamilnad Mercantile Bank
First Floor, TP No 39 A ,Ward No 10, Bus Stand Road, Bagalkot 587 101

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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 000487 is the code of the Bagalkot branch. In the MICR code 587060102, 587 is the city, 060 the bank and 102 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 Bagalkot branch (Bagalkot, Karnataka) is TMBL0000487.

  2. 587060102. MICR is printed at the bottom of the branch's cheques.

  3. First Floor, TP No 39 A ,Ward No 10, Bus Stand Road, Bagalkot 587 101

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC TMBL0000487 with the beneficiary's account number.

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