Telangana Grameena Bank Mulugu Mulugu Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Mulugu Mulugu Telangana

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MICR Code	-NA-
Bank	Telangana Grameena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mallur
Contact	40-9490157429
Bank Details	Telangana Grameena Bank Mallur TGRB0005124

Location	Mulugu, Mulugu
City	Mulugu
District	Mulugu
State	Telangana
Pincode	506172
Country	IN
Address	Main road, mallur, teh eturunagaram, 506172

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 Mallur 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 TGB, Mallur branch makes the system almost error free and faster. Use of TGB MICR codes for Mallur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Telangana Grameena Bank are available with micr code -

>>Akulavarighanpur >>Mallampally >>Mallur >>Mulugu >>Pasara >>Venkatapur

MICR code for Telangana Grameena Bank Mallur

Telangana Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. TGB MICR code for Mallur 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 Grameena Bank for Mallur branch. MICR code for Mallur 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 TGB Mallur is presented in the table alongside.

Use of TGB MICR code for Mallur branch in mulugu

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mallur and TGB 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 Grameena Bank is typically in either of these two font’s: E-138 and CMC-7.

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