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

Tgmc Bank MICR CODE

Find MICR Codes for Tgmc Bank

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  1. Tumkur Grain Merchants Cooperative Bank Ltd »
  2. Karnataka »
  3. tumkur »
  4. sira »
  5. sira branch

Find MICR Codes for Tgmc Bank

MICR Code: 572574172
Bank: Tumkur Grain Merchants Cooperative Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Sira Branch
Contact: Shylaja H D -9902258276,08135-276072
Bank Details: Tumkur Grain Merchants Cooperative Bank Ltd Sira Branch TGMB0000007
Location: Sira, Tumkur
City: Sira
District: Tumkur
State: Karnataka
Pincode: 572137
Country: IN
Address: Manjushri complex, dr.b.r.ambedkar road,sira -572137

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

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

>>Sira Branch

MICR code for Tgmc Bank

Tgmc Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Tumkur 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 Tumkur Grain Merchant 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 Tumkur Bank is presented in the table alongside.

Use of Tumkur Bank MICR code for branch in sira

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