Telangana Grameena Bank Peddapally Karimnagar Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Peddapally Karimnagar Telangana

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MICR Code	-NA-
Bank	Telangana Grameena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Peddapally
Contact	40-9491041838
Bank Details	Telangana Grameena Bank Peddapally TGRB0000105

Location	Peddapally, Karimnagar
City	Peddapally
District	Karimnagar
State	Telangana
Pincode	505172
Country	IN
Address	H.no 4-3-224/2, bhoomnagar, peddapally

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 Peddapally 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, Peddapally branch makes the system almost error free and faster. Use of TGB MICR codes for Peddapally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Telangana Grameena Bank are available with micr code -

>>Centenary Colony >>Dharmaram >>Dongathurthy >>Garrepalli >>Julapally >>Kannala >>Kolanoor >>Kukkalagudur >>Masjid Chowrasta >>Mutharam >>Narsapur >>Odela >>Peddapally >>Srirampur >>Sulthanabad

MICR code for Telangana Grameena Bank Peddapally

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

Use of TGB MICR code for Peddapally branch in peddapally

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