Bank Of Ceylon Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Ceylon Chennai Chennai Tamil Nadu

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State
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MICR Code	-NA-
Bank	Bank Of Ceylon
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Head Office
Contact	0
Bank Details	Bank Of Ceylon Head Office BCEY0000001

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600084
Country	IN
Address	Chennai branch, no.1090, poonamallee high road, chennai 600 084

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 0 for Head Office 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 0 of BOC Bank, Head Office branch makes the system almost error free and faster. Use of BOC Bank MICR codes for Head Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Ceylon are available with micr code -

>>Chennai >>Chennai >>Head Office

MICR code for Bank Of Ceylon Head Office

Bank Of Ceylon MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOC Bank MICR code for Head Office 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. 0 is the MICR code of Ceylon Bank for Head Office branch. MICR code for Head Office 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 BOC Bank Head Office is presented in the table alongside.

Use of BOC Bank MICR code for Head Office branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Head Office and BOC 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 Ceylon Bank is typically in either of these two font’s: E-138 and CMC-7.

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