Tamilnad Mercantile Bank Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Hyderabad Hyderabad Telangana

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MICR Code
Bank Tamilnad Mercantile Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabad Malakpet
Contact 7702277143
Bank Details Tamilnad Mercantile Bank Ltd Hyderabad Malakpet TMBL0000500
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Telangana
Pincode 500024
Country IN
Address Ground floor no 16 10 1 s 21, skam complex, malakpet, hyderabad 500 036, telangana 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 Hyderabad Malakpet 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, Hyderabad Malakpet branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Hyderabad Malakpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Tamilnad Mercantile Bank Ltd are available with micr code -

>>Hyderabad Malakpet >>Hyderabad Manikonda >>Mehdipatnam

MICR code for Tamilnad Mercantile Bank Hyderabad Malakpet

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 Hyderabad Malakpet 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 Hyderabad Malakpet branch. MICR code for Hyderabad Malakpet 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 Hyderabad Malakpet is presented in the table alongside.

Use of TMB Bank MICR code for Hyderabad Malakpet branch in hyderabad

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