Tgmc Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Tgmc Bank Bangalore Bangalore 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 Rajarajeshwari Nagar
Contact 0
Bank Details Tumkur Grain Merchants Cooperative Bank Ltd Rajarajeshwari Nagar TGMB0000027
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560036
Country IN
Address Tgmc bank ltd., no-1147, jawaharlalnehru road, 3rd stage, beml layout, ward no 160, rajarajeshwarinagar, bengaluru-98
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 560574014 for Rajarajeshwari Nagar 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 560574014 of Tumkur Bank, Rajarajeshwari Nagar branch makes the system almost error free and faster. Use of Tumkur Bank MICR codes for Rajarajeshwari Nagar 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 Rajarajeshwari Nagar

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 Rajarajeshwari Nagar 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. 560574014 is the MICR code of Tumkur Grain Merchant Bank for Rajarajeshwari Nagar branch. MICR code for Rajarajeshwari Nagar 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 Rajarajeshwari Nagar is presented in the table alongside.

Use of Tumkur Bank MICR code for Rajarajeshwari Nagar branch in bangalore

The MICR code 560574014 is used in RBI cheque clearing process to identify the branch Rajarajeshwari Nagar 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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