Tamilnad Mercantile Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Coimbatore Coimbatore Tamil Nadu

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MICR Code
Bank Tamilnad Mercantile Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Peelamedu
Contact 9688120888
Bank Details Tamilnad Mercantile Bank Ltd Coimbatore Peelamedu TMBL0000506
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641004
Country IN
Address No 77 to 83, pudur main road, near rto office, peelamedu, coimbatore 641 004
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 Coimbatore Peelamedu 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 TMB Bank, Coimbatore Peelamedu branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Coimbatore Peelamedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Tamilnad Mercantile Bank Ltd are available with micr code -

>>Chettipalayam >>Coimbatore Oppanakara Street >>Coimbatore Peelamedu >>Cpccoimbatore >>Ganapathy Coimbatore >>Kovilpalayam >>Neelambur >>Pappampatti >>Singanallur Coimbatore

MICR code for Tamilnad Mercantile Bank Coimbatore Peelamedu

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 Coimbatore Peelamedu 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 Tamilnad Bank for Coimbatore Peelamedu branch. MICR code for Coimbatore Peelamedu 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 Coimbatore Peelamedu is presented in the table alongside.

Use of TMB Bank MICR code for Coimbatore Peelamedu branch in coimbatore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Coimbatore Peelamedu 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.

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