Telangana Bank Nizamabad Varni Telangana MICR CODE

Find MICR Codes for Telangana Bank Nizamabad Varni 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 Nizamabad District Cooperative Central Bank Ltd Chandoor
Contact 9550355101
Bank Details Telangana State Coop Apex Bank The Nizamabad District Cooperative Central Bank Ltd Chandoor TSAB0018062
Location Nizamabad, Varni
City Nizamabad
District Varni
State Telangana
Pincode 503206
Country IN
Address H.no 5-80,near pacs building,vi chandoor,mdl varni,dist nizamabad,pin 503206
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 Nizamabad District Cooperative Central Bank Ltd Chandoor 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 Nizamabad District Cooperative Central Bank Ltd Chandoor branch makes the system almost error free and faster. Use of Telangana Coop Bank MICR codes for The Nizamabad District Cooperative Central Bank Ltd Chandoor branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Bank The Nizamabad District Cooperative Central Bank Ltd Chandoor

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 Nizamabad District Cooperative Central Bank Ltd Chandoor 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 Nizamabad District Cooperative Central Bank Ltd Chandoor branch. MICR code for The Nizamabad District Cooperative Central Bank Ltd Chandoor 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 Nizamabad District Cooperative Central Bank Ltd Chandoor is presented in the table alongside.

Use of Telangana Coop Bank MICR code for The Nizamabad District Cooperative Central Bank Ltd Chandoor branch in nizamabad

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