Telangana Grameena Bank Jagtial Jagtial Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Jagtial Jagtial Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mannegudem
Contact 40-9491041880
Bank Details Telangana Grameena Bank Mannegudem TGRB0000257
Location Jagtial, Jagtial
City Jagtial
District Jagtial
State Telangana
Pincode
Country IN
Address H.no 3-98, telangana grameena bank, mannegudem
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 Mannegudem 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, Mannegudem branch makes the system almost error free and faster. Use of TGB MICR codes for Mannegudem branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Mannegudem

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 Mannegudem 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 Mannegudem branch. MICR code for Mannegudem 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 Mannegudem is presented in the table alongside.

Use of TGB MICR code for Mannegudem branch in jagtial

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mannegudem 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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