Tgmc Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Tgmc Bank Mysore Mysore Karnataka

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MICR Code
Bank Tumkur Grain Merchants Cooperative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devaraj Urs Road Branch
Contact Prashanth T C -9902258282,0821-2448728
Bank Details Tumkur Grain Merchants Cooperative Bank Ltd Devaraj Urs Road Branch TGMB0000010
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570001
Country IN
Address #140, devaraj urs road, devraj mohalla,mysore -570001
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 570574002 for Devaraj Urs Road Branch 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 570574002 of Tumkur Bank, Devaraj Urs Road Branch branch makes the system almost error free and faster. Use of Tumkur Bank MICR codes for Devaraj Urs Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Tumkur Grain Merchants Cooperative Bank Ltd are available with micr code -

>>Devaraj Urs Road Branch >>Kuvempunagar Mysore Branch >>Vijanagar Branch

MICR code for Tgmc Bank Devaraj Urs Road Branch

Tgmc Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Tumkur Bank MICR code for Devaraj Urs Road Branch 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. 570574002 is the MICR code of Tumkur Grain Merchant Bank for Devaraj Urs Road Branch branch. MICR code for Devaraj Urs Road Branch 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 Tumkur Bank Devaraj Urs Road Branch is presented in the table alongside.

Use of Tumkur Bank MICR code for Devaraj Urs Road Branch branch in mysore

The MICR code 570574002 is used in RBI cheque clearing process to identify the branch Devaraj Urs Road Branch and Tumkur 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 Tumkur Grain Merchant Bank is typically in either of these two font’s: E-138 and CMC-7.

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