MICR Code Bank
Find MICR code for Textile Traders Bank branches in India for NEFT and RTGS transfer

Textile Traders Bank MICR CODE

Find MICR Codes for Textile Traders Bank

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  1. Textile Traders Co Operative Bank Ltd »
  2. Gujarat »
  3. ahmedabad »
  4. ahmedabad »
  5. ayojan nagar branch

Find MICR Codes for Textile Traders Bank

MICR Code: 380131004
Bank: Textile Traders Co Operative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ayojan Nagar Branch
Contact: 26600232
Bank Details: Textile Traders Co Operative Bank Ltd Ayojan Nagar Branch TTCB0000004
Location: Ahmedabad, Ahmedabad
City: Ahmedabad
District: Ahmedabad
State: Gujarat
Pincode: 380007
Country: IN
Address: Om center,op.shraddha automobiles,nr.shreyas crossing,ambawadi,ahmedabad.

How does MICR code for 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 of Textile Coop Bank, branch makes the system almost error free and faster. Use of Textile Coop Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Textile Traders Co Operative Bank Ltd are available with micr code

>>Ashram Road Branch >>Ayojan Nagar Branch >>Maskati Market Branch >>New Cloth Market Branch >>Rtgsho

MICR code for Textile Traders Bank

Textile Traders Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Textile Coop Bank MICR code for 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. is the MICR code of Textile Bank for branch. MICR code for 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 Textile Coop Bank is presented in the table alongside.

Use of Textile Coop Bank MICR code for branch in ahmedabad

The MICR code is used in RBI cheque clearing process to identify the branch and Textile Coop Bank 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 Textile Bank is typically in either of these two font’s: E-138 and CMC-7.