Tamilnad Mercantile Bank Gondal Rajkot Gujarat MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Gondal Rajkot Gujarat

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MICR Code
Bank Tamilnad Mercantile Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gondal
Contact 9099942823
Bank Details Tamilnad Mercantile Bank Ltd Gondal TMBL0000480
Location Gondal, Rajkot
City Gondal
District Rajkot
State Gujarat
Pincode 360311
Country IN
Address No 5,6 ground floor, bachubhai bavabhai chambers, gundala road, gondal 360 311, rajkot district, gujarat state
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 Gondal 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, Gondal branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Gondal 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 -

>>Gondal

MICR code for Tamilnad Mercantile Bank Gondal

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

Use of TMB Bank MICR code for Gondal branch in gondal

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