Telangana Grameena Bank Ranga Reddy Hyderabadi Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Ranga Reddy Hyderabadi Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pedda Shapur
Contact 40-8332988550
Bank Details Telangana Grameena Bank Pedda Shapur TGRB0000343
Location Ranga Reddy, Hyderabadi
City Ranga Reddy
District Hyderabadi
State Telangana
Pincode 509325
Country IN
Address H-no 1-144, main road, pedda shapur village, shamshabad mandal, ranga reddy district, pincode 509325
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 Pedda Shapur 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, Pedda Shapur branch makes the system almost error free and faster. Use of TGB MICR codes for Pedda Shapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Pedda Shapur

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 Pedda Shapur 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 Pedda Shapur branch. MICR code for Pedda Shapur 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 Pedda Shapur is presented in the table alongside.

Use of TGB MICR code for Pedda Shapur branch in ranga reddy

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