Tamilnad Mercantile Bank Pedanandipadu Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Tamilnad Mercantile Bank Pedanandipadu Guntur Andhra Pradesh

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MICR Code
Bank Tamilnad Mercantile Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pedanandipadu
Contact
Bank Details Tamilnad Mercantile Bank Ltd Pedanandipadu TMBL0000284
Location Pedanandipadu, Guntur
City Pedanandipadu
District Guntur
State Andhra Pradesh
Pincode 522235
Country IN
Address D.no:9 66,ground floor, p.a.s.college road, andhra pradesh-522235.
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 Pedanandipadu 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, Pedanandipadu branch makes the system almost error free and faster. Use of TMB Bank MICR codes for Pedanandipadu 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 -

>>Pedanandipadu

MICR code for Tamilnad Mercantile Bank Pedanandipadu

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

Use of TMB Bank MICR code for Pedanandipadu branch in pedanandipadu

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