Ratnakar Bank Trimulgherry Trimulgherry Telangana MICR CODE

Find MICR Codes for Ratnakar Bank Trimulgherry Trimulgherry Telangana

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MICR Code
Bank Ratnakar Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Trimulgherry Hyderabad
Contact 0
Bank Details Ratnakar Bank Ltd Trimulgherry Hyderabad RATN0000495
Location Trimulgherry, Trimulgherry
City Trimulgherry
District Trimulgherry
State Telangana
Pincode 500015
Country IN
Address Ground floor, survey no.55, part of glr survey no.368, secunderabad cantonment, plot no.2, annapura complex, chandragiri colony, trimulgherry-500015
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 0 for Trimulgherry Hyderabad 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 0 of Ratnakar Bank, Trimulgherry Hyderabad branch makes the system almost error free and faster. Use of Ratnakar Bank MICR codes for Trimulgherry Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Ratnakar Bank Ltd are available with micr code -

>>Trimulgherry Hyderabad

MICR code for Ratnakar Bank Trimulgherry Hyderabad

Ratnakar Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ratnakar Bank MICR code for Trimulgherry Hyderabad 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. 0 is the MICR code of Ratnakar Bank for Trimulgherry Hyderabad branch. MICR code for Trimulgherry Hyderabad 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 Ratnakar Bank Trimulgherry Hyderabad is presented in the table alongside.

Use of Ratnakar Bank MICR code for Trimulgherry Hyderabad branch in trimulgherry

The MICR code 0 is used in RBI cheque clearing process to identify the branch Trimulgherry Hyderabad and Ratnakar 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 Ratnakar Bank is typically in either of these two font’s: E-138 and CMC-7.

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