Telangana Bank Nizamabad Nizamabad Telangana MICR CODE

Find MICR Codes for Telangana Bank Nizamabad Nizamabad 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 Nizamabad District Coop Central Bank Ltd Vinayak Nagar
Contact 8500607994
Bank Details Telangana State Coop Apex Bank Nizamabad District Coop Central Bank Ltd Vinayak Nagar TSAB0018058
Location Nizamabad, Nizamabad
City Nizamabad
District Nizamabad
State Telangana
Pincode 503123
Country IN
Address 23 133,nizamabad
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 Nizamabad District Coop Central Bank Ltd Vinayak 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 0 of Telangana Coop Bank, Nizamabad District Coop Central Bank Ltd Vinayak Nagar branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for Nizamabad District Coop Central Bank Ltd Vinayak Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Bank Nizamabad District Coop Central Bank Ltd Vinayak 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 Nizamabad District Coop Central Bank Ltd Vinayak 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. 0 is the MICR code of Telangana Apex Bank for Nizamabad District Coop Central Bank Ltd Vinayak Nagar branch. MICR code for Nizamabad District Coop Central Bank Ltd Vinayak 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 Nizamabad District Coop Central Bank Ltd Vinayak Nagar is presented in the table alongside.

Use of Telangana Coop Bank MICR code for Nizamabad District Coop Central Bank Ltd Vinayak Nagar branch in nizamabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nizamabad District Coop Central Bank Ltd Vinayak 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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