Tamilnad Mercantile Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Madurai Madurai Tamil Nadu

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MICR Code	-NA-
Bank	Tamilnad Mercantile Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Othakadai
Contact	452-8925813564
Bank Details	Tamilnad Mercantile Bank Ltd Othakadai TMBL0000522

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode	625107
Country	IN
Address	Ground floor plot no1 and 2 aysha garden rajakambiram village, othakadai panchayat,madurai 625107

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 Othakadai 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, Othakadai branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Othakadai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Tamilnad Mercantile Bank Ltd are available with micr code -

>>Chekkanurani >>Chikkandarchavadi >>Cpcmadurai >>Iravathanallur >>K K Nagar Madurai >>Madurai Chinthamani >>Madurai Main. >>Madurai Palanganatham >>Madurai Pudur >>Madurai S.S Colony >>Madurai Simmakkal >>Madurai Tallakulam >>Nagamalai Pudukottai >>Othakadai >>Vandiyur >>Villapuram >>Virudhunagar

MICR code for Tamilnad Mercantile Bank Othakadai

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

Use of TMB Bank MICR code for Othakadai branch in madurai

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