Central Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Central Bank Madurai Madurai Tamil Nadu

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MICR Code	625016005
Bank	Central Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ellis Nagar Madurai
Contact
Bank Details	Central Bank Of India Ellis Nagar Madurai CBIN0282361

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode	625016
Country	IN
Address	65, kenneth hospital road, ellis nagar, madurai

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 625016005 for Ellis Nagar Madurai 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 625016005 of Central Bank Of India, Ellis Nagar Madurai branch makes the system almost error free and faster. Use of Central Bank Of India MICR codes for Ellis Nagar Madurai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Central Bank Of India are available with micr code -

>>Ccpc Madurai >>Ellis Nagar Madurai >>K.K.Nagar Madurai >>Madurai Main >>Madurai Regional Office >>Non Business Office Madurai >>Shree Meenakshi Mills Co. Ltd. Madurai >>Shree Meenakshi Mills Co.Ltd.Madurai >>South Gate Madurai >>Tallakulam Madurai >>Yadava College For Men Thirupalai >>Yadava College For Men Thirupalai

MICR code for Central Bank Ellis Nagar Madurai

Central Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Central Bank Of India MICR code for Ellis Nagar Madurai 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. 625016005 is the MICR code of Central Bank India for Ellis Nagar Madurai branch. MICR code for Ellis Nagar Madurai 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 Central Bank Of India Ellis Nagar Madurai is presented in the table alongside.

Use of Central Bank Of India MICR code for Ellis Nagar Madurai branch in madurai

The MICR code 625016005 is used in RBI cheque clearing process to identify the branch Ellis Nagar Madurai and Central Bank Of India 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 Central Bank India is typically in either of these two font’s: E-138 and CMC-7.

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