Telangana Grameena Bank Nalgonda Nalgonda Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Nalgonda Nalgonda Telangana

↻ Reload
MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Savarkar Nagar
Contact 40-8332988655
Bank Details Telangana Grameena Bank Savarkar Nagar TGRB0006313
Location Nalgonda, Nalgonda
City Nalgonda
District Nalgonda
State Telangana
Pincode 506001
Country IN
Address H. No. 7-9-8, panagal road, sriramnagar colony, savarkar nagar, nalgonda, 506001
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 Savarkar Nagar 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, Savarkar Nagar branch makes the system almost error free and faster. Use of TGB MICR codes for Savarkar Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Savarkar Nagar

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 Savarkar Nagar 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 Savarkar Nagar branch. MICR code for Savarkar Nagar 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 Savarkar Nagar is presented in the table alongside.

Use of TGB MICR code for Savarkar Nagar branch in nalgonda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Savarkar Nagar 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.

Copied!