Telangana Grameena Bank Medchalmalkajgiri Hyderabadii Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Medchalmalkajgiri Hyderabadii Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mallapur
Contact 40-9491041947
Bank Details Telangana Grameena Bank Mallapur TGRB0000192
Location Medchalmalkajgiri, Hyderabadii
City Medchalmalkajgiri
District Hyderabadii
State Telangana
Pincode 500047
Country IN
Address H.no.4-98-1-3, new narsimha rao colony, opp mayflower grand, mallapur
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 Mallapur 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, Mallapur branch makes the system almost error free and faster. Use of TGB MICR codes for Mallapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Mallapur

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

Use of TGB MICR code for Mallapur branch in medchalmalkajgiri

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