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Tamilnad Mercantile Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Madurai Madurai Tamil Nadu

MICR Code:
Bank: Tamilnad Mercantile Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Madurai Main.
Contact: 180 0425 0426 Email-Bd@tnmbonline.Com
Bank Details: Tamilnad Mercantile Bank Ltd Madurai Main. TMBL0000002
Location: Madurai, Madurai
City: Madurai
District: Madurai
State: Tamil Nadu
Pincode: 625001
Country: IN
Address: 51, east avani moola street, madurai-625001 tamilnadu
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 625060002 for Madurai Main. 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 625060002 of Tmb Bank, Madurai Main. branch makes the system almost error free and faster. Use of Tmb Bank MICR codes for Madurai Main. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Tamilnad Mercantile Bank Madurai Main.

Tamilnad Mercantile Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Tmb Bank MICR code for Madurai Main. 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. 625060002 is the MICR code of Tamilnad Bank for Madurai Main. branch. MICR code for Madurai Main. 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 Tmb Bank Madurai Main. is presented in the table alongside.

Use of Tmb Bank MICR code for Madurai Main. branch in madurai

The MICR code 625060002 is used in RBI cheque clearing process to identify the branch Madurai Main. and Tmb 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 Tamilnad Bank is typically in either of these two font’s: E-138 and CMC-7.