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 Saidabad
Contact 23443839
Bank Details Telangana State Coop Apex Bank Saidabad TSAB0000152
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode 500059
Country IN
Address 16-1-24/b/a/3greenlandcoloy saidabad,hyderabad59
MICR Code
Bank Telangana State Coop Apex Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saidabad
Contact 23443839
Bank Details Telangana State Coop Apex Bank Saidabad TSAB0000107
Location Ranga Reddy, Hyderabad
City Ranga Reddy
District Hyderabad
State Telangana
Pincode 500059
Country IN
Address 16-1-24/b/a/3greenlandcoloy saidabad,hyderabad59
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 500874010 for Saidabad 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 500874010 of Telangana Coop Bank, Saidabad branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for Saidabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Bank Saidabad

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 Saidabad 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. 500874010 is the MICR code of Telangana Apex Bank for Saidabad branch. MICR code for Saidabad 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 Saidabad is presented in the table alongside.

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

The MICR code 500874010 is used in RBI cheque clearing process to identify the branch Saidabad 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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