Telangana Bank Ranga Reddy Medchal Telangana MICR CODE

Find MICR Codes for Telangana Bank Ranga Reddy Medchal 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 The Hyderabad District Co Operative Central Bank Ltd Medchal
Contact 0
Bank Details Telangana State Coop Apex Bank The Hyderabad District Co Operative Central Bank Ltd Medchal TSAB0015011
Location Ranga Reddy, Medchal
City Ranga Reddy
District Medchal
State Telangana
Pincode 501504
Country IN
Address Beside laxmamma high school,medchal village mandal,ranga reddy district 501 401
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 The Hyderabad District Co Operative Central Bank Ltd Medchal 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, The Hyderabad District Co Operative Central Bank Ltd Medchal branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for The Hyderabad District Co Operative Central Bank Ltd Medchal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Telangana State Coop Apex Bank are available with micr code -

>>The Hyderabad District Co Operative Central Bank Ltd Medchal

MICR code for Telangana Bank The Hyderabad District Co Operative Central Bank Ltd Medchal

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 The Hyderabad District Co Operative Central Bank Ltd Medchal 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 The Hyderabad District Co Operative Central Bank Ltd Medchal branch. MICR code for The Hyderabad District Co Operative Central Bank Ltd Medchal 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 The Hyderabad District Co Operative Central Bank Ltd Medchal is presented in the table alongside.

Use of Telangana Coop Bank MICR code for The Hyderabad District Co Operative Central Bank Ltd Medchal branch in ranga reddy

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Hyderabad District Co Operative Central Bank Ltd Medchal 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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