Tgmc Bank Shivamogga Shivamogga Karnataka MICR CODE

Find MICR Codes for Tgmc Bank Shivamogga Shivamogga Karnataka

MICR Code
Bank Tumkur Grain Merchants Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivamogga Branch
Contact 0
Bank Details Tumkur Grain Merchants Cooperative Bank Ltd Shivamogga Branch TGMB0000028
Location Shivamogga, Shivamogga
City Shivamogga
District Shivamogga
State Karnataka
Pincode 577201
Country IN
Address No.1, arkis arcade, tilak nagar main road, shivamogga - 577201.
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.

Search Tgmc Bank MICR Codes in shivamogga

You can search through MICR Codes of Karnataka branches in shivamogga of District shivamogga in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Tumkur Grain Merchants Cooperative Bank Ltd are available with micr code -

>>Shivamogga Branch

How to find MICR codes for Tgmc Bank in shivamogga?

Tgmc Bank shivamogga MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Tumkur Bank MICR codes list for shivamogga, one can further search by branch name specified in the table. You can find MICR codes for all Tgmc Bank shivamogga branches.

Tumkur Bank MICR code in shivamogga

Tgmc Bank MICR code is a character recognition technology used by banks in the processing of cheques. Tumkur Bank MICR code for shivamogga branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Tumkur Grain Merchant Bank branches in shivamogga, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Tumkur Grain Merchant Bank MICR code for shivamogga branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Tgmc Bank shivamogga branch, sprinted 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. Thus MICR code for Tumkur Bank shivamogga branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Tumkur Grain Merchant Bank MICR codes for shivamogga branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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