| MICR CODE | 627060033 |
|---|---|
| Bank | Tamilnad Mercantile Bank Limited |
| Branch | Panagudi |
| IFSC Code | IFSC Code Tamilnad Mercantile Bank Limited |
| Address | 27 - 13 Main Road, R.k.b Towers First Floor, Near Bus-stand, Panagudi - 627 109 |
| City | Panagudy |
| State | Tamil Nadu |
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Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).