Tamil Nadu Grama Bank Ramanathapuram Ramanathapuram Tamil Nadu MICR CODE

Find MICR Codes for Tamil Nadu Grama Bank Ramanathapuram Ramanathapuram 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 Sathirakudi
Contact 0
Bank Details Tamil Nadu Grama Bank Sathirakudi TNGB0065066
Location Ramanathapuram, Ramanathapuram
City Ramanathapuram
District Ramanathapuram
State Tamil Nadu
Pincode 623707
Country IN
Address 4 / 177c madurai - rameswaram main road, anna nagar, sathirakudi
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 Sathirakudi 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, Sathirakudi branch makes the system almost error free and faster. Use of Tamil Nadu Grama Bank MICR codes for Sathirakudi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Tamil Nadu Grama Bank Sathirakudi

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 Sathirakudi 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 Sathirakudi branch. MICR code for Sathirakudi 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 Sathirakudi is presented in the table alongside.

Use of Tamil Nadu Grama Bank MICR code for Sathirakudi branch in ramanathapuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sathirakudi 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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