Tumkur Grain Merchants Co-operative Bank Limited is a leading Urban Co-operative Bank in the country, functioning with its Head Quarters at TUMKUR, The Bank is promoted by the Grain Merchants of Tumkur city and was established on 13.12.1963.
Between 1950’s & 60’s Tumkur city has been developed as a major Business center of Karnataka State. In that period, the city has attracted so many Industries and Merchants class. In this substantial growth period the merchants of the city were facing the lack of proper Banking facilities and services, as in those days, a few nationalised Banks were functioning in the city and that too having lot of imbalances in their service to customers. .
Sri H M Divyanandamurthy is working in Co-operative Sector for morethan 25 Years. On 12th May 2023 elected as President of the Bank, Presently Bank is having turnover of more than Rs.2866 Crores with 29 Branches across South Karnataka.