Telangana Grameena Bank Nagarkurnool Vangool Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Nagarkurnool Vangool Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rangapur
Contact 40-9247543588
Bank Details Telangana Grameena Bank Rangapur TGRB0000449
Location Nagarkurnool, Vangool
City Nagarkurnool
District Vangool
State Telangana
Pincode 509349
Country IN
Address H.no.7-13, rangapur village, vangool mandal, nagarkurnool-509349
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 Rangapur 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, Rangapur branch makes the system almost error free and faster. Use of TGB MICR codes for Rangapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Telangana Grameena Bank are available with micr code -

>>Rangapur

MICR code for Telangana Grameena Bank Rangapur

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

Use of TGB MICR code for Rangapur branch in nagarkurnool

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