Telangana Grameena Bank Sangareddy Sangareddy Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Sangareddy Sangareddy Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ida Bollaram
Contact 40-9440903922
Bank Details Telangana Grameena Bank Ida Bollaram TGRB0008164
Location Sangareddy, Sangareddy
City Sangareddy
District Sangareddy
State Telangana
Pincode 502325
Country IN
Address Plot no 157, via aminpur, bollaram, teh nargapur, 502325
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 Ida Bollaram 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, Ida Bollaram branch makes the system almost error free and faster. Use of TGB MICR codes for Ida Bollaram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Ida Bollaram

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 Ida Bollaram 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 Ida Bollaram branch. MICR code for Ida Bollaram 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 Ida Bollaram is presented in the table alongside.

Use of TGB MICR code for Ida Bollaram branch in sangareddy

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