Tamil Nadu Grama Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for Tamil Nadu Grama Bank Erode Erode 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 Thindal
Contact 0
Bank Details Tamil Nadu Grama Bank Thindal TNGB0060241
Location Erode, Erode
City Erode
District Erode
State Tamil Nadu
Pincode 638012
Country IN
Address 42/3-10 appaji arcade opp to hp petrol bunk, erode-perundurai road ,thindal
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 Thindal 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, Thindal branch makes the system almost error free and faster. Use of Tamil Nadu Grama Bank MICR codes for Thindal branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Tamil Nadu Grama Bank Thindal

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

Use of Tamil Nadu Grama Bank MICR code for Thindal branch in erode

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