Tamilnad Mercantile Bank Khammam (TMB)
Khammam · Khammam, Telangana
507060002 is the MICR code for the Khammam branch of Tamilnad Mercantile Bank, located in Khammam, Telangana. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code TMBL0000544.
Bank
Tamilnad Mercantile Bank
Branch & Address
Khammam
Ground Floor 2 3 231 Sri Sundar Talkies Road, Khammam 507 003
Khammam, Khammam, Telangana
Contact
+919043615426MICR Code Structure
507
City
060
Bank
002
Branch
City code 507 identifies the RBI clearing centre, bank code 060 identifies Tamilnad Mercantile Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Tamilnad Mercantile Bank (TMB) branches near Khammam
Other banks in Khammam, Telangana
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (TMBL0000544) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 507060002 is in the middle, and your account number is on the right.