Tamilnad Mercantile Bank Gollapudi Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Gollapudi Krishna Andhra Pradesh

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MICR Code
Bank Tamilnad Mercantile Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gollapudi
Contact
Bank Details Tamilnad Mercantile Bank Ltd Gollapudi TMBL0000266
Location Gollapudi, Krishna
City Gollapudi
District Krishna
State Andhra Pradesh
Pincode 521225
Country IN
Address D.n.3-5, datta kalyana mandapam road, gollapudi - 521 225
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 Gollapudi 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, Gollapudi branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Gollapudi branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Gollapudi

MICR code for Tamilnad Mercantile Bank Gollapudi

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 Gollapudi 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 Gollapudi branch. MICR code for Gollapudi 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 Gollapudi is presented in the table alongside.

Use of TMB Bank MICR code for Gollapudi branch in gollapudi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gollapudi 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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