Tamilnad Mercantile Bank Odaipatti Theni Tamil Nadu MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Odaipatti Theni Tamil Nadu

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MICR Code
Bank Tamilnad Mercantile Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Odaipatti
Contact 180 0425 0426 Email-Bd@tnmbonline.Com
Bank Details Tamilnad Mercantile Bank Ltd Odaipatti TMBL0000077
Location Odaipatti, Theni
City Odaipatti
District Theni
State Tamil Nadu
Pincode 625540
Country IN
Address 6-1-113, main road, melapatti, odaipatti-625540 tamilnadu
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 Odaipatti 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, Odaipatti branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Odaipatti 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 -

>>Odaipatti

MICR code for Tamilnad Mercantile Bank Odaipatti

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

Use of TMB Bank MICR code for Odaipatti branch in odaipatti

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