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

Tamilnad Mercantile Bank MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank

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  1. Tamilnad Mercantile Bank Ltd »
  2. Tamil Nadu »
  3. coimbatore »
  4. coimbatore »
  5. coimbatore peelamedu

Find MICR Codes for Tamilnad Mercantile Bank

MICR Code: -NA-
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

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 TMB Bank, branch makes the system almost error free and faster. Use of TMB Bank MICR codes for 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

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 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 Tamilnad 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 TMB Bank is presented in the table alongside.

Use of TMB Bank MICR code for branch in coimbatore

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