Telangana Grameena Bank Karimnagar Jagtial Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Karimnagar Jagtial Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Burugupally
Contact 40-9491041807
Bank Details Telangana Grameena Bank Burugupally TGRB0000116
Location Karimnagar, Jagtial
City Karimnagar
District Jagtial
State Telangana
Pincode 505327
Country IN
Address H.no 3-10/4/1, towards gangadhara road, burugupally
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 Burugupally 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 TGB, Burugupally branch makes the system almost error free and faster. Use of TGB MICR codes for Burugupally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Telangana Grameena Bank are available with micr code -

>>Arnakonda >>Burugupally >>Choppadandi >>Garshakurthy >>Gopalraopet >>Kurikyal >>Ramadugu

MICR code for Telangana Grameena Bank Burugupally

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

Use of TGB MICR code for Burugupally branch in karimnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Burugupally and TGB 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 Grameena Bank is typically in either of these two font’s: E-138 and CMC-7.

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