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Textile Traders Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Textile Traders Bank Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Textile Traders Co Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Cloth Market Branch
Contact 22164840
Bank Details Textile Traders Co Operative Bank Ltd New Cloth Market Branch TTCB0000003
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380002
Country IN
Address Shop no 708,new cloth market,opp kagdapith police station,outside raipur gate,ahmedabad
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 380131003 for New Cloth Market Branch 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 380131003 of Textile Coop Bank, New Cloth Market Branch branch makes the system almost error free and faster. Use of Textile Coop Bank MICR codes for New Cloth Market Branch 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 New Cloth Market Branch

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 New Cloth Market Branch 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. 380131003 is the MICR code of Textile Bank for New Cloth Market Branch branch. MICR code for New Cloth Market Branch 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 New Cloth Market Branch is presented in the table alongside.

Use of Textile Coop Bank MICR code for New Cloth Market Branch branch in ahmedabad

The MICR code 380131003 is used in RBI cheque clearing process to identify the branch New Cloth Market 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.