Tamilnad Mercantile Bank Morbi Morbi Gujarat MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Morbi Morbi 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 Morbi
Contact 2822-8925813610
Bank Details Tamilnad Mercantile Bank Ltd Morbi TMBL0000532
Location Morbi, Morbi
City Morbi
District Morbi
State Gujarat
Pincode 363642
Country IN
Address Shop no g16 to g20, wing a,ishan ceramic zone, sno 50p,plot no3,opp shakti chambers,morbi 363642
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 Morbi 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, Morbi branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Morbi 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 -

>>Morbi

MICR code for Tamilnad Mercantile Bank Morbi

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

Use of TMB Bank MICR code for Morbi branch in morbi

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