Tamil Nadu Grama Bank Nilgiris Nilgiris Tamil Nadu MICR CODE

Find MICR Codes for Tamil Nadu Grama Bank Nilgiris Nilgiris Tamil Nadu

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MICR Code
Bank Tamil Nadu Grama Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kagguchi
Contact 0
Bank Details Tamil Nadu Grama Bank Kagguchi TNGB0060141
Location Nilgiris, Nilgiris
City Nilgiris
District Nilgiris
State Tamil Nadu
Pincode 643223
Country IN
Address 4/196 & 4/197 kookalthorai road, kagguchi ,kagguchi post
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Kagguchi branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Tamil Nadu Grama Bank, Kagguchi branch makes the system almost error free and faster. Use of Tamil Nadu Grama Bank MICR codes for Kagguchi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Tamil Nadu Grama Bank are available with micr code -

>>Kagguchi >>Kothagiri

MICR code for Tamil Nadu Grama Bank Kagguchi

Tamil Nadu Grama Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Tamil Nadu Grama Bank MICR code for Kagguchi is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Tamil Nadu Grama Bank for Kagguchi branch. MICR code for Kagguchi branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Tamil Nadu Grama Bank Kagguchi is presented in the table alongside.

Use of Tamil Nadu Grama Bank MICR code for Kagguchi branch in nilgiris

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kagguchi and Tamil Nadu Grama Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Tamil Nadu Grama Bank is typically in either of these two font’s: E-138 and CMC-7.

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