Telangana Bank Ranga Reddy Hyderabad Telangana MICR CODE

Find MICR Codes for Telangana Bank Ranga Reddy Hyderabad Telangana

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MICR Code
Bank Telangana State Coop Apex Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chanda Nagar
Contact 23443861
Bank Details Telangana State Coop Apex Bank Chanda Nagar TSAB0000135
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode
Country IN
Address Plot no.392part and 393,road no.6,madhavapuri hills,chanda nagar,hyderabad-50
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 500874030 for Chanda Nagar 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 500874030 of Telangana Coop Bank, Chanda Nagar branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for Chanda Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Bank Chanda Nagar

Telangana Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Telangana Coop Bank MICR code for Chanda Nagar 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. 500874030 is the MICR code of Telangana Apex Bank for Chanda Nagar branch. MICR code for Chanda Nagar 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 Telangana Coop Bank Chanda Nagar is presented in the table alongside.

Use of Telangana Coop Bank MICR code for Chanda Nagar branch in ranga reddy

The MICR code 500874030 is used in RBI cheque clearing process to identify the branch Chanda Nagar and Telangana Coop 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 Telangana Apex Bank is typically in either of these two font’s: E-138 and CMC-7.

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