Tamil Nadu Grama Bank Karur Karur Tamil Nadu MICR CODE

Find MICR Codes for Tamil Nadu Grama Bank Karur Karur 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 Velayuthampalayam
Contact 0
Bank Details Tamil Nadu Grama Bank Velayuthampalayam TNGB0060087
Location Karur, Karur
City Karur
District Karur
State Tamil Nadu
Pincode 639002
Country IN
Address 63/1 karur main road, velayuthampalayam
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 Velayuthampalayam 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, Velayuthampalayam branch makes the system almost error free and faster. Use of Tamil Nadu Grama Bank MICR codes for Velayuthampalayam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Tamil Nadu Grama Bank are available with micr code -

>>Aravakurichi >>Chinnadharapuram >>Kaniyalampatti >>Karur >>Krishnarayapuram >>Kulithalai >>Puliyur >>Rayanoor >>Thogamalai >>Vangal >>Velayuthampalayam

MICR code for Tamil Nadu Grama Bank Velayuthampalayam

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

Use of Tamil Nadu Grama Bank MICR code for Velayuthampalayam branch in karur

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