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Telangana Bank Ranga Reddy Hyderabad Telangana MICR CODE

Find MICR Codes for Telangana Bank Ranga Reddy Hyderabad Telangana

MICR Code
Bank Telangana State Coop Apex Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Boudhanagar
Contact 23443834
Bank Details Telangana State Coop Apex Bank Boudhanagar TSAB0000151
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode 500361
Country IN
Address 12-10-117, nomula estate, seethaphalmandi, hyderabad 69
MICR Code
Bank Telangana State Coop Apex Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Boudhanagar
Contact 23443834
Bank Details Telangana State Coop Apex Bank Boudhanagar TSAB0000108
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode 500361
Country IN
Address 12-10-117, nomula estate, seethaphalmandi, hyderabad 69
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 500874003 for Boudhanagar 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 500874003 of Telangana Coop Bank, Boudhanagar branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for Boudhanagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Bank Boudhanagar

Telangana Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Telangana Coop Bank MICR code for Boudhanagar 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. 500874003 is the MICR code of Telangana Apex Bank for Boudhanagar branch. MICR code for Boudhanagar 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 Telangana Coop Bank Boudhanagar is presented in the table alongside.

Use of Telangana Coop Bank MICR code for Boudhanagar branch in ranga reddy

The MICR code 500874003 is used in RBI cheque clearing process to identify the branch Boudhanagar and Telangana Coop 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 Telangana Apex Bank is typically in either of these two font’s: E-138 and CMC-7.