Tgmc Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Tgmc Bank Bangalore Bangalore Karnataka

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MICR Code	560574017
Bank	Tumkur Grain Merchants Cooperative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hrbr Layout Branch
Contact	43758795
Bank Details	Tumkur Grain Merchants Cooperative Bank Ltd Hrbr Layout Branch TGMB0000031

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560043
Country	IN
Address	Tgmc bank ltd., no.403, banasawadi, ward no.27, sai krupa, ground floor, 5th a main, hrbr layout, 2nd block, kalyana nagar, bangalore-560043

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.

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Hrbr Layout Branch (560574017)

How does MICR code 560574017 for Hrbr Layout 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 560574017 of Tumkur Bank, Hrbr Layout Branch branch makes the system almost error free and faster. Use of Tumkur Bank MICR codes for Hrbr Layout Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Tumkur Grain Merchants Cooperative Bank Ltd are available with micr code -

>>Hrbr Layout Branch >>Rajarajeshwari Nagar

MICR code for Tgmc Bank Hrbr Layout 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 Hrbr Layout 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. 560574017 is the MICR code of Tumkur Grain Merchant Bank for Hrbr Layout Branch branch. MICR code for Hrbr Layout 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 Hrbr Layout Branch is presented in the table alongside.

Use of Tumkur Bank MICR code for Hrbr Layout Branch branch in bangalore

The MICR code 560574017 is used in RBI cheque clearing process to identify the branch Hrbr Layout 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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