Telangana Grameena Bank Bhadradri Kothagudem Bhadradri Kothagudem Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Bhadradri Kothagudem Bhadradri Kothagudem Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Venkateswara Colony Bcm
Contact 40-7382632686
Bank Details Telangana Grameena Bank Venkateswara Colony Bcm TGRB0004184
Location Bhadradri Kothagudem, Bhadradri Kothagudem
City Bhadradri Kothagudem
District Bhadradri Kothagudem
State Telangana
Pincode 507111
Country IN
Address Hno 9-1-59, gollagatta road, venkateswara colony, bhadrachalam, 507111
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 Venkateswara Colony Bcm 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, Venkateswara Colony Bcm branch makes the system almost error free and faster. Use of TGB MICR codes for Venkateswara Colony Bcm branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Venkateswara Colony Bcm

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 Venkateswara Colony Bcm 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 Venkateswara Colony Bcm branch. MICR code for Venkateswara Colony Bcm 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 Venkateswara Colony Bcm is presented in the table alongside.

Use of TGB MICR code for Venkateswara Colony Bcm branch in bhadradri kothagudem

The MICR code 0 is used in RBI cheque clearing process to identify the branch Venkateswara Colony Bcm 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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