Telangana Grameena Bank Adilabad Adilabad Telangana MICR CODE

Find MICR Codes for Telangana Grameena Bank Adilabad Adilabad Telangana

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MICR Code
Bank Telangana Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Muthnur
Contact 40-9959704020
Bank Details Telangana Grameena Bank Muthnur TGRB0000438
Location Adilabad, Adilabad
City Adilabad
District Adilabad
State Telangana
Pincode
Country IN
Address H.no 2-80/13, vill muthnur, mdl indervelly
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 Muthnur 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, Muthnur branch makes the system almost error free and faster. Use of TGB MICR codes for Muthnur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Telangana Grameena Bank Muthnur

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

Use of TGB MICR code for Muthnur branch in adilabad

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