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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 Moulali
Contact 23443843
Bank Details Telangana State Coop Apex Bank Moulali TSAB0000139
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode
Country IN
Address H.no 1-7-177/a opp ghmc office,kamalanagar ecil hyd-62
MICR Code
Bank Telangana State Coop Apex Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moulali
Contact 23443843
Bank Details Telangana State Coop Apex Bank Moulali TSAB0000120
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode
Country IN
Address H.no 1-7-177/a opp ghmc office,kamalanagar ecil hyd-62
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 500874020 for Moulali 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 500874020 of Telangana Coop Bank, Moulali branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for Moulali branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Bank Moulali

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 Moulali 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. 500874020 is the MICR code of Telangana Apex Bank for Moulali branch. MICR code for Moulali 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 Moulali is presented in the table alongside.

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

The MICR code 500874020 is used in RBI cheque clearing process to identify the branch Moulali 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.